Derek Andersen

Derek Andersen is a business writer who specializes in cryptocurrency. He has written extensively about topics such as BlackRock, Grayscale's SEC spot ETH ETF decisions, crypto miners facing energy restrictions in Canada, stablecoin and retail CBDC sandboxes in South Africa's payment roadmap, IRS releasing a draft of the 2025 digital asset reporting form for US taxpayers, new Telegram mini-apps being convenient while remaining unidentified as crypto on TON Foundation's launch of Tether on the TON chain, Binance co-founder He Yi supporting CZ receiving an 'optimal outcome', Canada implementing international crypto tax reporting standard, Elizabeth Warren supporting enhanced US sanction options for stablecoins, MIT and German central bank researching CBDC privacy in a new project, Israeli central bank deputy governor Andrew Abir expressing enthusiasm for the digital shekel to shake up commercial banks, UK trade association experimenting with Regulated Liability Network focusing on the United Kingdom's financial transactions, Senators Warren and Grassley seeking details on CFTC's communications with FTX, BIS envisioning a global 'Finternet' running on unified ledger technology, Fiji central bank warning against crypto use disappointingly for Bitcoin hopes in the country, a software engineer being sentenced to three years in prison for Nirvana hack, billionaire's suit over scam crypto ads on Meta dismissed in Australia, Australians not valuing retail CBDC for privacy or safety according to RBA findings, unharmonized regulation threatening stablecoin usability according to BIS report, FTX co-CEO Salame's sentencing moved to end of May, US Treasury official outlining proposals for tighter crypto crime control, Elections possibly swinging Senate Banking Committee toward crypto according to Sen. Lummis, Rep. McHenry hoping digital asset bill passage will be his 'biggest win', history of crypto DeFi revolution during a global crisis analyzing the impact of the pandemic on crypto and explosive growth of DeFi including Bitcoin's third halving and rise of NFTs, Clearstream joining ECB wholesale CBDC trials with tokenized securities, Abra settling with fifth state as US operations may be winding down, KuCoin planning $10M airdrop of BTC, KCS as Justice Dept., CFTC circle while facing legal challenges, Fidelity filing S-1 application with US SEC for spot ETH EFT with staking potentially creating taxable events for shareholders and introducing new risks associated with the fund, Mastercard seeing partnerships as key to blockchain remittances in Latin America after finding a place for crypto in partnered remittance ecosystems in the region, Panasonic teaming up with Jasmy to create a controlled identity platform for IoT based on Jasmy's Personal Data Locker, and SWIFT declaring second sandbox connector tests a success for CBDC and more after showcasing its application in complex use cases and planning to increase the connector's functions.