Latest from Jesse Hamilton
U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House
A long-awaited stablecoin bill graduated from a House committee in a Republican push, leaving the chair of the House Financial Services Committee lamenting that a bipartisan deal was strangled by the White House.
White House Derailed Negotiation on U.S. House Stablecoin Bill: McHenry
A bipartisan agreement on stablecoin legislation was in reach, according to the chair of the House Financial Services Committee, but the ranking Democrat said McHenry halted talks.
Digitex Founder Ordered to Pay $16M to Resolve CFTC Action, Banned From Trading
The CFTC’s 2022 case – its first against a crypto futures exchange for operating illegally – ended in a default judgment against founder Adam Todd.
A Second Round of the Lummis-Gillibrand Crypto Bill Elevates CFTC, Defines DeFi
Last year’s prominent U.S. crypto legislation from a bipartisan pair of senators is back for a reboot that imagines a less prominent role for the SEC than Chair Gary Gensler has in mind.
Binance Feels Strain of World’s Regulators Leaping Into Action
This week’s Australian probe, which sought out Binance employees outside the office, is only one of a growing list of legal entanglements facing the world’s biggest crypto exchange.
Big Banks, NY Fed’s Innovation Group See Merit in Digital Ledgers for Global Payments
NY Fed’s innovation center worked with Citi, HSBC and other banks on the concept of a network for wholesale payments on a shared ledger, finding the idea has potential benefits.
The Crypto Industry’s New Favorite Punching Bag – Prometheum – Asks for a Chance
Its SEC-praising co-CEO insists he’s pro-crypto and just needs a little time to prove his company can trade digital assets, even if the token issuers would rather it didn’t.
U.S. Judge Rejects Binance.US Complaint Over SEC Press Release
The exchange had complained that regulators made “misleading” public statements about the Binance’s handling of customer funds.
FTX Bankruptcy Team Says the Exchange Owed Customers $8.7B
Commingling and misuse of customer funds occurred from the start at FTX, says current CEO John J. Ray III, and senior executives knew of the shortfall as early as August 2022.
Coinbase Wins Supreme Court Ruling in Arbitration Lawsuit
The company's clear legal victory in the U.S. high court isn't about crypto, but it could play into future court disputes for all businesses.
