Latest from Jesse Hamilton
Federal Reserve’s Powell: We Don’t Want to Strangle Crypto Innovation, but Sector Is a Mess
The central bank's chairman said the Fed is sticking to its warnings that banks should be “quite cautious” about getting involved in digital assets.
U.S. Banking Watchdog: You Can’t Trust Crypto Firms Until They Get Federal Oversight
The chief of the Office of the Comptroller of the Currency equated the FTX collapse with a well-known 1990s bank failure in arguing for consolidated industry regulators.
The Rise and Fall of Silvergate’s Crypto Business
The bank’s own data shows the rapid acceleration of its novel crypto-banking business and how leaning into digital assets made it vulnerable to the industry’s drama.
Was Silvergate on Borrowed Time as Regulators Backed Banks Away From Crypto?
As customers abandon the prominent California-based crypto bank, its future gets increasingly murky.
U.S. Lawmakers Argue SEC Accounting Policy Undermines Safe Crypto Custody
Rep. Patrick McHenry, chairman of the House Financial Services Committee, and Sen. Cynthia Lummis teamed up on a letter questioning regulators about crypto accounting policy.
DeFi to Go Under Microscope at US CFTC Advisory Group’s Opening Session
The derivative regulators’ Technology Advisory Committee will examine DeFi among other tech priorities at a March 22 meeting.
US SEC Plans to Keep Growing Crypto Unit as Enforcement Ramps Up
The securities regulator has almost filled the 20 slots previously added to its crypto squad and is looking to increase that number even further, a spokesperson said.
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 such as reinforcing the dollar’s global role.
Ex-Biden Adviser Said Administration Was Pushing for Digital Dollar
As the crypto industry awaits a U.S. government decision on whether to issue a central bank digital currency, a former economic official said it was working toward that end.
Grayscale to Argue SEC’s Inconsistency as Bitcoin ETF Dispute Heads to Court
The company’s appeal of the Securities and Exchange Commission’s rejection of its bitcoin ETF will be argued in U.S. federal court next week in Washington, D.C.
