Latest from Jesse Hamilton
Ex-House Speaker, Former Justice Official Join US Policy Crew Assembled by Paradigm
Former lawmakers and officials from both U.S. parties will join academic and political leaders in a new council meant to advise on crypto policy after the midterm elections.
CBDCs Could Reduce FX Transaction Speeds to 10 Seconds, NY Fed Says
The New York Fed simulated foreign exchange transactions using a distributed ledger to test for improvements over the current system.
Circle Begins Putting Reserves Into New BlackRock Fund
The assets backing Circle Internet Financial’s USDC will finish moving into an SEC-regulated money market fund early next year.
Lesson From the US Elections: Don't Mention Crypto
This year’s midterm elections have seen very few candidates willing to even mention cryptocurrency, and they have their reasons.
Can Crypto Buy a Seat in Congress?
In the U.S. primaries, crypto millions sometimes failed to show much effect at all, though industry donors may claim credit in a few key wins on the road to the midterms.
Crypto Echoes Risks of 2008 Financial Crisis, Says US CFTC Commissioner
Christy Goldsmith Romero says CFTC oversight would be an answer to potential financial stability risks brewing in the industry.
Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Acting FDIC head Martin Gruenberg argues that stablecoins need to mesh with regulated banking as well as the Fed’s real-time payments system and any future U.S. CBDC.
IRS Expands Key US Tax Language to Include NFTs
Newly released draft instructions for the 2022 tax year change the language from “virtual currency” to broader “digital assets.”
CFTC’s Behnam Calls FTX Idea a Potential ‘Evolution’ in Market Structure
Chairman Rostin Behnam says the FTX proposal for directly clearing certain crypto derivatives without intermediaries is still being weighed and would mark a “significant shift.”
CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto
Commissioner Christy Goldsmith Romero says the agency needs a new way of categorizing investors as it prepares for new digital-assets oversight.
