US


Policy

Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse

After a whirlwind election week dogged by crypto market madness, the industry's regulatory future in the U.S. is in the hands of a divided government.

U.S. Capitol Hill (WOWstockfootage/Getty Images)

Policy

SEC Commissioner Hester Peirce: FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation

“Having the SEC and CFTC work together makes a lot of sense,” Peirce told CoinDesk TV.

SEC Commissioner Hester Peirce (Nikhilesh De/CoinDesk)

Markets

Bitcoin Gains 10% After Report Showed US Consumer Prices Rose Slower Than Expected in October

Taking a break from the panicky action this week, bitcoin rose following the sizable slowdown in inflation.

(Getty Images)

Policy

Crypto Execs Ask for Clearer US Regulatory Policy After FTX Collapse

The CEOs of Coinbase, Ripple and Circle called for clearer policy framework in a tweet thread started by Sen. Elizabeth Warren.

U.S. Securities and Exchange Commission in Washington D.C. (Getty Images)

Markets

Fed Preview: Crypto Market Sees Smaller Rate Hikes From December but Major Banks Warn 'Slower Doesn't Mean Lower'

The Fed could keep raising the borrowing cost for longer, according to major investment banks.

U.S. Federal Reserve Board Chairman Jerome Powell (Anna Moneymaker/Getty Images)

Policy

Prediction Market Kalshi Signals It Sees CFTC's Blessing for Midterm Election Bets

A countdown clock on its website ends today, indicating the service is optimistic regulators will let it offer contracts for the Nov. 8 election.

Kalshi countdown to election markets (kalshi.com)

Markets

Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada

The world's largest cryptocurrency by market volume is up by more than 7% on Wednesday to its highest level in more than a month.

Bitcoin continúa su repunte. (CoinDesk)

Policy

Chinese Intelligence Officers Used Bitcoin in Scheme to Undermine Investigation, US Officials Allege

The two officers tried bribing a U.S. law enforcement official with $61,000 in bitcoin to help support what appears to be Huawei.

Guochun He, left, and Zheng Wang are accused of attempting to obstruct a U.S. investigation. (Justice Department)

Policy

Over a Fifth of Cases in CFTC’s 2022 Crackdown Were Crypto-Related

The federal regulator’s annual enforcement results revealed that over 20% of the CFTC’s enforcement actions in 2022 involved crypto.

CFTC Chair Rostin Behnam speaks at DC Fintech Week. (Nikhilesh De/CoinDesk)

Finance

State Securities Regulators Move to Shut Down NFT Scam Tied to Metaverse Casino

The action comes as states are increasingly joining forces to tackle crypto crimes.

Bitcoin investors take bets offering downside protection (Pixabay)