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Latest from Jesse Hamilton
Crypto Unable to Shake Reputation as Ransomware Tool in Senate Hearing
A Senate Homeland Security hearing painted cryptocurrencies as the favorite payments for hackers.

US Justice Department Urges More Coordination to Combat Crypto Crime
A new report from the Justice Department responds to this year’s executive order from President Joe Biden, marking some of the first recommendations produced by the order.

Key US Senators Introduce Crypto Bill Outlining Sweeping Plan for Future Rules
Kirsten Gillibrand and Cynthia Lummis release the long-awaited strategy that favors the CFTC as a watchdog and wipes away tax worries for purchases of less than $200.

A16z Says DAOs May Be Better Off Filing Legal Papers, Paying Taxes
The venture capital firm released an analysis today further underlining the possible U.S. legal structures for DAOs, and suggesting it might be best not to run offshore to avoid taxes.

SEC Goes After Crypto Investing With Game Show Inspired Spots
The U.S. Securities and Exchange Commission is warning investors away from casual crypto speculation by using mock videos.

US Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch
The Federal Reserve’s Lael Brainard says it will take years to build a U.S. CBDC and that the project can only start once Congress and the White House sign off.

Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar
The public is already served well by private-sector tokens, the USDC stablecoin issuer said in a comment letter to the central bank.

FTX’s Bankman-Fried Pitches CFTC on Directly Clearing Customers’ Crypto Swaps
The crypto exchange’s founder and CEO made his case at a Washington, D.C., roundtable, while mainstream derivatives firms painted his ideas as dangerous.

OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.

US Senators Lummis and Gillibrand Set to Propose Crypto Oversight Bill Next Month
The bipartisan duo hope their bill to establish guardrails around the digital assets industry could get votes as soon as next year.
