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US
Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Acting FDIC head Martin Gruenberg argues that stablecoins need to mesh with regulated banking as well as the Fed’s real-time payments system and any future U.S. CBDC.

CBDC Development Necessary for US to Remain Competitive, says Congressman
U.S. Rep. Jim Himes joined CoinDesk TV’s “First Mover” live from I.D.E.A.S. 2022 in New York City to discuss why the U.S. should consider moving forward with a central bank digital currency.

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.

Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data
Coinbase has tumbled 11%, while MicroStrategy, Riot Blockchain, Marathon Digital are all down in the area of 7%.

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.

US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range
The world’s largest cryptocurrency has been trading in a range between $18,000-$22,400 since the start of September.

US Senator Warren Leads Congressional Group's Probe Into Bitcoin Mining Energy Use in Texas
Seven Democrats from both the Senate and House are asking Texas grid operator ERCOT how bitcoin mining is impacting the state.

Bitcoin Miner Crusoe Energy Buys Fellow Flared-Gas Operator GAM
Acquisition opportunities are arising amid a crypto bear market that is squeezing miners.

Independent Examiner Ordered to Produce Interim Report About Crypto Lender Celsius
The report’s findings may affect the court’s decisions about custodial accounts and preference claims.

Will Comatose Bitcoin Market Come Alive After NFP Data?
Bitcoin has returned exactly 0.0%, on average, on NFP days in 2022, but picture changes during the week after the data release, past data show.
