US

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.

Fed Preview: Crypto Market Sees Smaller Rate Hikes From December but Major Banks Warn 'Slower Doesn't Mean Lower'
The Fed could keep raising the borrowing cost for longer, according to major investment banks.

Prediction Market Kalshi Signals It Sees CFTC's Blessing for Midterm Election Bets
A countdown clock on its website ends today, indicating the service is optimistic regulators will let it offer contracts for the Nov. 8 election.

Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada
The world's largest cryptocurrency by market volume is up by more than 7% on Wednesday to its highest level in more than a month.

Chinese Intelligence Officers Used Bitcoin in Scheme to Undermine Investigation, US Officials Allege
The two officers tried bribing a U.S. law enforcement official with $61,000 in bitcoin to help support what appears to be Huawei.

Over a Fifth of Cases in CFTC’s 2022 Crackdown Were Crypto-Related
The federal regulator’s annual enforcement results revealed that over 20% of the CFTC’s enforcement actions in 2022 involved crypto.

State Securities Regulators Move to Shut Down NFT Scam Tied to Metaverse Casino
The action comes as states are increasingly joining forces to tackle crypto crimes.

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.

CBDC Development Necessary for US to Remain Competitive, says Congressman
U.S. Rep. Jim Himes joined CoinDesk TV’s “First Mover” live from I.D.E.A.S. 2022 in New York City to discuss why the U.S. should consider moving forward with a central bank digital currency.

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.

