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Latest from Jesse Hamilton
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.
Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins
After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year.
Ooki DAO Case So ‘Egregious,’ CFTC Had No Choice, Chair Behnam Says
"Don't expect this to be a free pass," he said of using a DAO to evade U.S. laws.
US CFTC as Crypto’s Regulatory Savior? Crypto Firms Might Not Like What They Get
The Securities and Exchange Commission is treated as a villain in crypto, but the view of the Commodity Futures Trading Commission as a government ally may not survive the honeymoon, insiders suggest
NFT Firm Seeks US Election Commission’s Approval to Market Campaign Souvenirs
Data Vault Holdings is seeking to market digital tokens to political committees.
US Risk Watchdog Asks Congress to Name Crypto Spot Market Regulator
The Treasury-led Financial Stability Oversight Council has responded to President Joe Biden’s executive order with calls for greater regulatory reach into markets, crypto firms’ affiliates and outside service providers.
California Moves Forward to Allow Vital Records to be Issued on Blockchain
Governor Gavin Newsom signed a law this week that establishes a blockchain option for delivering individuals’ records, such as birth and marriage certificates
Texas Objects to Celsius Plan to Fund Operations With Stablecoin Sales
Celsius had asked for permission to sell millions in stablecoins to fund itself, but Texas is arguing the bankruptcy court should reject the request.
