Policy at Consensus Miami: State of Crypto

White House adviser Patrick Witt said it’s possible the Clarity Act becomes law by July 4 while Senator Kirsten Gillibrand pushed for an ethics provision in the market structure bill. Consensus Miami 2026 wrapped up with a fiery debate on the role of prediction markets, and a lot otherwise happened at our first conference in … Read more

Agentic commerce will run on crypto rails, PayPal and Google reps tell Consensus Miami

MIAMI BEACH, Fla. — Senior figures from Google Cloud and PayPal told CoinDesk’s Consensus Miami conference on Thursday that the next wave of internet commerce will run on crypto rails because AI agents structurally cannot use traditional financial accounts. Richard Widmann, global head of Web3 strategy at Google Cloud, said the existing internet user experience … Read more

Swiss central bank bitcoin reserve push fails over signature shortfall

Swiss campaigners will drop a bid to get the Swiss National Bank (SNB) to hold bitcoin BTC$80,816.21 in its reserves after collecting only about half of the 100,000 signatures needed to trigger a national referendum. The initiative sought to change Switzerland’s constitution so the SNB would hold bitcoin alongside gold and foreign-currency reserves. The group … Read more

Emerging-market users are treating crypto exchanges like banking apps, Binance says

Emerging markets accounted for 77% of Binance users in 2026, up from 49% in 2020, as users in those countries increasingly used the exchange for savings, payments and investment access, the exchange said. Binance Research’s latest report frames crypto adoption as a financial-access story rather than a trading story. Binance said 83% of users engaging … Read more

Crypto industry cheers Senate Clarity Act markup date as market structure push resumes

The Senate Banking Committee will meet on Thursday, May 14, to consider the Digital Asset Market Clarity Act of 2025, putting the crypto market structure bill back on the calendar after a January postponement. The notice follows months of talks over regulatory jurisdiction, consumer protections, developer protections and stablecoin rewards. CoinDesk reported last week that … Read more

It might be too late for bitcoin’s quantum migration, Project Eleven report argues

More than $3 trillion in digital assets could eventually become vulnerable to theft within the next four to seven years, according to a new report from Project Eleven. Project Eleven focuses on post-quantum security and migration for digital assets and recently announced a collaboration with the Solana Foundation to prepare its network against the threat … Read more

Sports betting should be regulated as a financial product, not gambling, aspiring prediction market provider says

MIAMI BEACH, Fla. — Sports betting should be regulated as a federal financial product rather than a state-licensed casino product, two panelists said Thursday. Appearing at Consensus Miami 2026, Jacob Fortinsky, co-founder and CEO of sports betting platform Novig, said the legacy sportsbook model is structurally broken because it treats winning bettors as cheaters. “Sports … Read more