Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question
The U.S. government is still weighing whether to start a CBDC, but Treasury Under Secretary Nellie Liang highlights benefits...
FTX Transferred $7.7B from Bahamian Estate to US Units Ahead of Bankruptcy Filing, Court Told
Representatives for FTX said whether assets belong in the Bahamian estate or in the U.S. estate remain open issues.
Bitcoin, Ether Drop as Investors Fret Over Inflation Data, Stablecoin Regulation
The largest cryptocurrency by market value continued to linger below $22,000. Ether fell below $1,500.
FTX Seeks to Remove Turkish Units From Bankruptcy Case
The U.S. estate of the bankrupt crypto exchange doesn’t reckon the Turkish authorities will cooperate, after they seized local...
Gensler Says US SEC Is Fine Going After Crypto With Its Current Authorities
As a new Congress prepares to work on uncertain crypto legislation next year, the SEC chairman says his agency...
Exploring Biden’s Executive Order on Crypto, 6 Months In
I spoke to Carole House, a former White House adviser and one of the authors of President Joe Biden’s...
Nexo to Depart US After Regulator Discussions Hit ‘Dead End’
Nexo will immediately suspend access to its Earn product in several U.S. states.
Ripple Seeks Crypto License in the Republic of Ireland: Report
Ripple, a U.S.-based crypto payments platform, is looking to obtain regulatory approval in the Republic of Ireland so it...
Bahamian Liquidators Say FTX Wasn’t Authorized to File for Bankruptcy in the U.S.
The bankruptcy proceedings of collapsed crypto exchange FTX are already shaping up to be chaotic – the collective 100-odd...
FTX’s Bahamas Arm Files for Bankruptcy Protection in US
FTX Digital Markets, the Bahamas arm of the now defunct crypto exchange, has filed for Chapter 15 bankruptcy proceedings...
Paxos Ordered by U.S. Officials to Freeze $19M in Crypto Tied to FTX
U.S. federal law enforcement has ordered crypto issuer Paxos to freeze $19 million worth of crypto tied to the...
Larry Summers Warns Dollar Reversal Could Bring Inflationary Pressure, Posing Challenge for Fed, Bitcoin
This year’s strength of the dollar has been a key factor in keeping elevated U.S. inflation from rising even...
Prediction Market Kalshi Signals It Sees CFTC’s Blessing for Midterm Election Bets
Prediction market Kalshi is hinting strongly that it expects U.S. regulators to approve its request to debut contracts linked...
First Mover Asia: China’s Bitcoin-Funded Intelligence Operation in US Likely About Chips; Bitcoin Soars Past $20K
Good morning. Here’s what’s happening: Prices: Bitcoin has a rare day to celebrate, surging past $20K; ether surpasses $1.5K....
Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief
Stablecoins could have such a profound effect on the established banking system that U.S. regulators need to require that...
Here’s What’s In the White House’s Crypto Reports
The White House published a number of reports filed by federal departments in response to President Joe Biden’s executive...