Latest from Jesse Hamilton
The crypto industry’s massive political war chest is starting to lean Republican ahead of midterms
As crypto world notches political wins in Texas and beyond, some of its emerging political action committees ditch bipartisan approach for a Republican focus.

SEC Commissioner Peirce counters views that crypto rule will foster synthetic tokens
Hester Peirce, the commissioner behind the SEC's Crypto Task Force, made statements on the now-delayed proposal, perhaps tamping down mistaken beliefs.

U.S. CFTC secures deal with National Hockey League on prediction market safeguards
A new arrangement has been set between the derivatives regulator and professional hockey, following on the heels of a similar baseball agreement.

Federal Reserve proposes limited master accounts long pursued by crypto firms
The U.S. Fed issued a revised proposal on the structure of payment accounts, taking the next step to build on an earlier pitch for so-called skinny accounts.

Latest Congressional swing at crypto tax reform would direct IRS to review de minimis exemptions
The newest version of the Parity Act updates language around payment stablecoins and directs the IRS to report on how a de minimis exemption might work.

Prediction markets firms take heat in Senate Commerce hearing scrutinizing surge
Sports betting on firms such as Kalshi was the focus of questions over advertising to children, cheating from athletes and undermining regulated gaming.

Crypto campaign cash from Fairshake flooded Southern primaries, picked winners
The leading industry super PAC claimed a "6-0 sweep" in the primaries in Kentucky, Alabama and Georgia, though one big race awaits a runoff.

Trump orders government, Fed to review crypto firms' access to payment rails
Donald Trump's executive order asks the Fed to review how depository institutions may be granted access to payment services, an area the crypto industry is deeply involved with.

Senator Elizabeth Warren accuses U.S. regulator of approving unqualified crypto banks
The Senate Banking Committee's top Democrat sent a letter to the Office of the Comptroller of the Currency questioning the charters of nine crypto firms.

Amid the Clarity Act fanfare is some worry over how a last-minute deal may punch DeFi
The crypto market structure bill saw a high-stakes, 11th-hour gambit to get Democrats on board for a bipartisan committee vote, but it might carry a cost.

