US

US

Policy

Ohio Investment Manager Arrested for Allegedly Running a $10M Cryptocurrency Ponzi Scheme

The U.S. CFTC had previously taken legal action against the man.

Law Justice Court Legal (Shutterstock)

Policy

House Subcommittee Chair Calls for Documents as Part of FTX Collapse Probe

Rep. Raja Krishnamoorthi (D-Ill.) is chairman of the Subcommittee on Economic and Consumer Policy.

The United States Capitol (Getty Images)

Policy

Bahamian FTX Liquidators Cite ‘Serious Fraud and Mismanagement’ in Court Filings

Court-appointed liquidators in the Bahamas are seeking to halt asset sales while the complex enterprise is wound up.

(Leon Neal/Getty Images)

Policy

Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential

In a letter to lawmakers, Jeremy Allaire said inaction will "stunt America's voice."

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Policy

FTX’s Bahamas Arm Files for Bankruptcy Protection in US

The move on behalf of FTX.com, based in the Caribbean, is the latest legal move in the crypto exchange’s collapse.

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Policy

FTX Collapse Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report

The U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation" while some lawmakers are already preparing to propose tougher rules.

Treasury Secretary Janet Yellen at American University in April 2022 (Jesse Hamilton for CoinDesk)

Policy

Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse

After a whirlwind election week dogged by crypto market madness, the industry's regulatory future in the U.S. is in the hands of a divided government.

U.S. Capitol Hill (WOWstockfootage/Getty Images)

Policy

SEC Commissioner Hester Peirce: FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation

“Having the SEC and CFTC work together makes a lot of sense,” Peirce told CoinDesk TV.

SEC Commissioner Hester Peirce (Nikhilesh De/CoinDesk)

Markets

Bitcoin Gains 10% After Report Showed US Consumer Prices Rose Slower Than Expected in October

Taking a break from the panicky action this week, bitcoin rose following the sizable slowdown in inflation.

(Getty Images)

Policy

Crypto Execs Ask for Clearer US Regulatory Policy After FTX Collapse

The CEOs of Coinbase, Ripple and Circle called for clearer policy framework in a tweet thread started by Sen. Elizabeth Warren.

U.S. Securities and Exchange Commission in Washington D.C. (Getty Images)