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Latest from Cheyenne Ligon
Republican Congressman Demands Clarity From the SEC on Crypto Regulation
Rep. Patrick McHenry (R-N.C.), ranking member of the House Financial Services Committee, has been pushing for regulatory clarity on digital assets since March.

Stablecoin Issuers Could Soon Face Bank-Like Regulations
The Treasury Department’s highly anticipated report on stablecoins is expected to be released in late October.

Fed Chair Powell Says He Has ‘No Intention’ of Banning Crypto
When asked about earlier comments he had made about CBDCs replacing private crypto, Powell said he’d “misspoken.”

CFTC Files Charges Against 14 Crypto Companies
Two of the companies were accused of “making false and misleading claims” of being registered with the CFTC.

Pro-Crypto Senator Lummis Says Stablecoins Should Be Audited
A full audit would be more rigorous than the attestations the coins’ two top issuers have produced.

Digital Dollar Needs Legislative Support, Fed Chair Says
The issue of CBDCs and financial privacy were featured during Tuesday’s contentious Senate Banking Committee hearing.

Ethereum Developer Virgil Griffith Pleads Guilty to Conspiracy Charge in North Korea Sanctions Case
Griffith was charged with violating sanctions law by giving a cryptocurrency and blockchain presentation at a North Korean conference in 2019.

BitMEX Awards Grants to Two More Bitcoin Developers
The crypto exchange is now supporting six open-source developers in total.

SEC’s Gensler Calls Stablecoins ‘Poker Chips’ at the Wild West Crypto Casino
The SEC chair also compared the crypto boom to the Wildcat banking era of the 19th century, saying that “history tells us that private forms of money don’t last long.”

Judge Denies Ripple’s Motion to Have SEC Employees’ Crypto Transactions Disclosed
Ripple Labs has been petitioning the SEC for employees’ trading records since early July.
