US


Opinion

4 Reasons Why US Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill

The Digital Asset Anti-Money Laundering Act is unworkable and assuredly unconstitutional.

Senator Elizabeth Warren (Drew Angerer/Getty Images)

Policy

Republicans Plan to Reintroduce Legislation to Prevent Crypto Restrictions in 401(k): Politico

The legislation will be introduced in the House by Rep. Byron Donalds (R-Fla), the report said.

A bill to combat crypto money laundering has been proposed in the U.S. Senate. (Shutterstock)

Finance

FTX Seeks to Reclaim $400M From a JPMorgan Account: New York Times

The funds, invested in a hedge fund called Modulo, were converted into cash and are sitting in an interest-bearing account.

FTX CEO John J. Ray III (house.gov)

Finance

Former SEC Chief Counsel Says Agency Needs to Make Clear Its Crypto Compliance Rules

“When the SEC tells us that something is not compliant, it’s not necessarily the same thing as telling us what they would consider compliant,” said TuongVy Le, a partner and head of regulatory and policy at investment firm Bain Capital.

TuongVy Le (LinkedIn)

Policy

SEC to Make It Harder for Hedge Funds to Work With Crypto Firms: Bloomberg

The rule change would make it harder for crypto firms to become "qualified custodians," according to the report.

SEC Chair Gary Gensler (Kevin Dietsch/Getty Images)

Policy

SEC Case Against Bankman-Fried Postponed Pending Criminal Trial

Charges can wait until the Department of Justice’s case against the FTX founder concludes, a judge said.

The DAO withdrew a request to register locke and ducat tokens because they are not securities. (Michael del Castillo/CoinDesk)

Finance

US Judge Approves Removal of FTX Turkish Units From Bankruptcy Case

The crypto exchange had asked the court to greenlight the exclusion of the units after Turkish authorities ordered the seizure of most of its assets in the country.

FTX CEO John J. Ray III (Nathan Howard/Getty Images)

Policy

CFTC Case Against Sam Bankman-Fried Postponed Until After Criminal Trial

The request to stay the SEC’s civil case against Bankman-Fried is still pending.

Sam Bankman-Fried outside court on Feb. 9, 2023 (Liz Napolitano/CoinDesk)

Policy

Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay

Federal banking regulators seem to have free rein over crypto's U.S. destiny – and they're using their power to push it out of banking.

The Federal Reserve building in Washington, D.C.. (Helene Braun/CoinDesk)

Policy

Algorand Foundation CEO: SEC’s Crypto Crackdown Highlights Lack of Regulatory Clarity

Staci Warden told CoinDesk TV crypto-native firms are being punished rather than given guidance.

Staci Warden (CoinDesk TV screenshot)