Latest from Jesse Hamilton
Illinois Officials Pushing State Crypto Licensing to Emulate New York’s BitLicense
New bills to set up a digital assets regulation in Illinois are supported by the local regulator, as states continue to surge ahead of U.S. agencies on cryptocurrency efforts.

Reguladores bancarios estadounidenses advierten a los bancos sobre los riesgos de liquidez de las criptomonedas
La Reserva Federal y otros organismos emitieron otro comunicado sobre las vulnerabilidades del mercado de criptomonedas como una amenaza para el sector bancario de Estados Unidos.

US Banking Regulators Warn Banks About Crypto Liquidity Risks
The Federal Reserve and other agencies issued another statement about crypto market vulnerabilities as a threat to U.S. banking.

SEC’s Shadow Crypto Rule Taking Shape as Enforcement Cases Mount
The U.S. securities regulator has now issued dozens of actions outlining how it defines a crypto security and which firms should be exchanges, but the industry is in a holding pattern.

Coinbase, Anchorage Digital Say They'd Be OK Under SEC Custody Proposal, but Risks May Lurk for Others
The U.S. Securities and Exchange Commission’s proposal to require investment advisers use only “qualified custodians” could complicate advisers' use of crypto platforms.

SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms
As long as crypto platforms and lenders aren’t registered as exchanges or banks, they wouldn’t qualify as custodians in the latest SEC limits proposed for registered investment advisors.

Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay
Federal banking regulators seem to have free rein over crypto's U.S. destiny – and they're using their power to push it out of banking.

Regulator NYDFS Says Paxos Didn't Administer Binance USD in 'Safe and Sound' Manner: Reuters
The New York regulator said Paxos’ management of the stablecoin left it open to use by bad actors.

Federal Reserve Governor Reinforces US Regulators’ Preference for Keeping Crypto Apart From Banks
Christopher Waller noted that the separation has kept the U.S. financial system out of crypto’s drama, and he’s hopeful the sector can work out its recent issues.

Are the Remaining Crypto Giants Staring Down the Barrel of the US Government’s Gun?
Insiders, experts and the rhetoric of officials suggest a reckoning with the government is inevitable for the big exchanges, and this week’s action against Kraken could be just the beginning.
