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Latest from Jesse Hamilton
California, New York Join Several States Ordering Crypto Lender Nexo to Halt Yield Product
Seven states have ordered a halt to Nexo’s “Earn Interest Product” accounts, accusing the company of improperly offering unregistered securities.
Push to Enhance CFTC’s Crypto Watchdog Role Gets a Boost in US Congress
Rep. Sean Patrick Maloney, a Democrat in the House Agriculture Committee, introduced a bill to match the Senate’s earlier Stabenow-Boozman legislation
Binance Hires Big-Name Former Government Officials to Set Up Advisory Board
The exchange adds ex-French Treasury head Bruno Bézard, Barack Obama’s former political guru David Plouffe and several others to global group of advisers
US Stablecoin Bill Negotiations Wrestled Over Digital Dollar Approval: Source
The House’s stablecoin oversight legislation is poised for release, but won’t include a controversial CBDC request – just a new study.
Biden’s Executive Order Produces Few Answers in Crypto Reports From US Treasury
After six months, the federal government’s review of the crypto world hasn’t yet offered a road map for oversight, though it hinted at a federal regulatory structure and emphasized that a central bank digital currency may have serious support.
CFTC Already Preparing to Be Crypto Watchdog, Behnam Tells US Senators
Agency is “right regulator” to oversee digital assets trading, CFTC chairman testifies at a hearing of the Senate Agriculture Committee.
Blockchain Association Sets Up New Crypto Industry PAC
The political action committee won’t be in full swing for the midterm elections that settle which party will control Congress
A Bitcoin ETF Is Long Past Due, Crypto Lobbyists Say in New Report
The industry is baring its teeth in a long-fought battle over spot exchange-traded funds, getting set to issue a report critical of how the regulator has handled itself.
SEC Enforcement Chief: We Can't Ignore Crypto Law-Breaking
Enforcement Director Gurbir Grewal defended the SEC from accusations it’s stamping out innovation.
US Treasury to Recommend Issuing Digital Dollar if in National Interest: Source
The Treasury Department, in what may be its most important recommendation spurred by President Joe Biden’s executive order on crypto, will suggest how to move forward on a CBDC.
