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Latest from Nikhilesh De
In Conversation With the Federal Reserve Chief Innovation Officer
I spoke to Fed Chief Innovation Officer Sunayna Tuteja about the central bank’s innovation team during Consensus 2022.

BitMEX’s Delo Will Not Face Prison After Guilty Plea
Ben Delo pleaded guilty to charges of violating the Bank Secrecy Act earlier this year.

SEC Chair Gensler Suggests Lummis-Gillibrand Bill May ‘Undermine’ Market Protections
The regulator warned the bill might enable stock exchanges and mutual funds to escape SEC oversight.

First Mover Americas: Bitcoin, Ether Plunge Anew as Celsius Halts Withdrawals
The latest moves in crypto markets in context for June 13, 2022.

Nexo Proposes Celsius Buyout as Rival Lending Platform Halts Withdrawals
Celsius said it also paused its swap and transfer products and did not provide a timeline for resuming withdrawals.

Crypto Lending Service Celsius Pauses Withdrawals, Citing 'Extreme Market Conditions'
The company will also pause its swap and transfer products, according to a blog post.

Coin Center Sues US Treasury Over 'Unconstitutional' Tax Reporting Rule
The rule was included in last year's infrastructure law that galvanized the industry over a separate broker rule.

SEC Investigating Company Behind TerraUSD Stablecoin: Report
The digital currency collapsed in dramatic fashion last month, functionally losing all of its value.

New York’s Crypto Regulator Publishes Formal Stablecoin Guidance
NYDFS laid out strict reserve and attestation requirements for stablecoin issuers in an effort to better protect consumers and financial institutions.

PayPal Converts Conditional Virtual Currency License to Full BitLicense
The payments giant announced it would let users withdraw their crypto holdings to their own wallets earlier today.
