Latest from Jesse Hamilton
FTX’s Bankman-Fried Pitches CFTC on Directly Clearing Customers’ Crypto Swaps
The crypto exchange’s founder and CEO made his case at a Washington, D.C., roundtable, while mainstream derivatives firms painted his ideas as dangerous.

OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.

US Senators Lummis and Gillibrand Set to Propose Crypto Oversight Bill Next Month
The bipartisan duo hope their bill to establish guardrails around the digital assets industry could get votes as soon as next year.

Wall Street Says a Fed Digital Dollar Spells Destruction for Banks
The U.S. Federal Reserve is considering whether to launch a CBDC like other nations, and bankers argue that’s a dangerous idea.

Fed Vice Chair Pick and Ex-Ripple Adviser Tells Senators Crypto Needs Regulation
Former U.S. Treasury official Michael Barr fielded questions about crypto during his Senate nomination hearing.

Biden Administration Wants Crypto Exchanges to Separate Customer and Corporate Funds
Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.

SEC’s Gensler Uses Crypto Oversight Needs as Case for Higher Budget
SEC Chair Gary Gensler told U.S. House budget appropriators that he’d like to be doing more to protect crypto investors.

German Regulator Calls for New DeFi Laws
BaFin's Birgit Rodolphe cites the potential for fraud and investor losses.

Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.

'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.

