Daniel Palmer

Previously one of CoinDesk's longest-tenured contributors, and now one of our news editors, Daniel has authored over 750 stories for the site. When not writing or editing, he likes to make ceramics. Daniel holds small amounts of BTC and ETH (See: Editorial Policy).

Recent

Policy

Ransomware

OFAC Warns That Firms Helping Victims With Ransomware Payouts Risk Violating Its Rules

If you assist a ransomware victim in paying out to cyber attackers, you could end up facing civil penalties, OFAC says.

By Daniel Palmer

Oct 5, 2020 at 12:34 p.m. UTC

Oct 5, 2020

RansomwareRegulationOFACCoinFlash

Policy

Estonia

Estonia's Central Bank to Research if Blockchain Can Support a Digital Euro

Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital cu...

By Daniel Palmer

Oct 5, 2020 at 10:11 a.m. UTC

Oct 5, 2020

EstoniaCentral BanksCBDCsCoinFlash

Markets

Italy

Italian Payments Giants Merging to Form Entity That Will Dominate Local Market

The new group will reportedly have an estimated 70% share of the Italian market.

By Daniel Palmer

Oct 5, 2020 at 8:41 a.m. UTC

Oct 5, 2020

ItalyPaymentsMergersCoinFlash

australia-pm-scott-morrison-gettyimages-1276732283

Policy

Investment

Australia to Spend $575M on Tech Including Blockchain to Boost Pandemic Recovery

The investment comes as Australia attempts to make a recovery from the recession brought by the COVID-19 pandemic.

By Daniel Palmer

Oct 1, 2020 at 8:41 a.m. UTC

Oct 1, 2020

InvestmentAustraliaGovernmentCoronavirusCoinFlash

Policy

Cftc

CFTC Charges Firm With Illegally Providing Leveraged Trading of Crypto, Gold

A Caribbean-based firm is in hot water with the CFTC for allegedly allowing U.S. retail investors to partake in leveraged trading of cryptocurrencies and precious metals.

By Daniel Palmer

Sep 28, 2020 at 2:52 p.m. UTC

Sep 28, 2020

CFTCRegulationTrading

Policy

Tax

IRS May Make It Harder to Avoid Declaring Crypto on Tax Returns

The Internal Revenue Service plans to make all income tax payers check a box indicating whether they have transacted in crypto over 2020.

By Daniel Palmer

Sep 25, 2020 at 10:37 a.m. UTC

Sep 25, 2020

TaxIRSCoinFlash

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Policy

Politics

Fed Reserve Governor Brainard Said to Be Biden's Choice for Treasury Secretary

Lael Brainard, who has been involved with the Fed's efforts to research a digital dollar, is seen as an ideal choice, Bloomberg sources said.

By Daniel Palmer

Sep 25, 2020 at 8:23 a.m. UTC

Sep 25, 2020

PoliticsJoe BidenLael BrainardElection2020CoinFlash

Finance

Environment

World's Biggest Meat Processor to Tackle Amazon Deforestation Using Blockchain Tech

JBS S.A. aims to track all of its cattle suppliers on a blockchain system by 2025.

By Daniel Palmer

Sep 24, 2020 at 9:41 a.m. UTC

Sep 24, 2020

EnvironmentBrazilSupply ChainsFood TrackingCoinFlash

Policy

Law

Venezuela Legalizes Crypto Mining but Will Force Industry Into National Pool

The Venezuelan agency responsible for regulating cryptos has legalized the mining industry, but in the process mandated it be centralized under government control.

By Daniel Palmer

Sep 23, 2020 at 1:30 p.m. UTC

Sep 23, 2020

LawMiningVenezuelaCoinFlash