Businessweek Daily

Mistrial Shows Difficulty in Applying Law to Crypto

Can trades on the public blockchain be illegal if the computer code allows them?

Bitcoin news is broadcast on the floor of the New York Stock Exchange on Monday.

Photographer: Michael Nagle/Bloomberg

“In crypto, volatility is expected,” Olga Kharif writes today for Bloomberg News, coming after a weekend in which Bitcoin erased all the gains it had made in 2025. In many ways, the rules around cryptocurrency are still being written. Here Christopher Beam writes about some of the difficulty applying old laws to new money. Plus: A look at the strategy of giving cash to the world’s poor, and the books the most powerful people in business are reading.

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