Regulations
SEC’s Crypto Record Rebuked by Ex-Commissioner, GOP Lawmakers in Hearing
The U.S. securities regulator took a beating in a congressional hearing that was weighted against it, with a witness list of critics calling out the SEC for its fight against crypto firms.

Decentralized AI Society Launched to Fight Tech Giants Who 'Own the Regulators'
Eight founding member projects include Morpheus and Filecoin Foundation, with Michael Casey, CoinDesk's former chief content officer, as chairman of the new industry group.

Australia to Prioritize Wholesale CBDC Over Retail
The Reserve Bank of Australia made a strategic commitment to prioritize work on a wholesale CBDC.

Animoca's Timeline to Go Public Would Depend on the Market's Status: Yat Siu
“We are midway through the audit which is a critical piece of the IPO puzzle,” Siu told CoinDesk.

SEC Charges 3 Individuals, 5 Companies With Operating Pig Butchering Scams
The enforcement actions are the first from the SEC alleging this type of crypto scam.

FTX’s Accounting Firm Prager Metis to Pay SEC $1.95M to Settle Negligence Allegations
The international accounting firm will pay $745,000 to settle the FTX-related allegations alone.

U.S. Treasury Sanctions Cambodian Tycoon With Ties to Pig Butchering Scams
One of Senator Ly Yong Phat’s hotels, O-Smach Resort, is a notorious hotbed for human trafficking.

U.S. Republican Lawmakers Say Crypto Legislation Not Yet Off the Table for This Year
Rep. Patrick McHenry and Sen. Cynthia Lummis said they're still shooting for crypto legislative action in the "lame duck" session after the November elections.

U.S. CFTC Chair Behnam Says Regulator Will Keep Pursuing Kalshi Case
The U.S. derivatives regulator's legal battle with the prediction markets is currently winding its way through an appeals court.

OMFIF Survey Respondents Believe Substantial Level of Tokenization is Still Three Years Away
The Official Monetary and Financial Institutions Forum's digital assets report said that 92% of its respondents believe that financial markets will experience significant tokenization at some point.

