US


Policy

Circle CEO Calls for Clear US Laws on Stablecoins to 'Unleash' Their Potential

In a letter to lawmakers, Jeremy Allaire said inaction will "stunt America's voice."

Circle CEO Jeremy Allaire (Danny Nelson/CoinDesk)

Policy

FTX’s Bahamas Arm Files for Bankruptcy Protection in US

The move on behalf of FTX.com, based in the Caribbean, is the latest legal move in the crypto exchange’s collapse.

AI Artwork SBM Sam Bankman-Fried (DALL-E/CoinDesk)

Policy

FTX Collapse Exposed 'Weaknesses' in Crypto, Janet Yellen Says: Report

The U.S. Treasury Secretary said the crypto sector is in need of "very careful regulation" while some lawmakers are already preparing to propose tougher rules.

Treasury Secretary Janet Yellen at American University in April 2022 (Jesse Hamilton for CoinDesk)

Policy

Democrats Keep the US Senate but Crypto Only Has Eyes for FTX Collapse

After a whirlwind election week dogged by crypto market madness, the industry's regulatory future in the U.S. is in the hands of a divided government.

U.S. Capitol Hill (WOWstockfootage/Getty Images)

Policy

SEC Commissioner Hester Peirce: FTX’s Collapse Could Finally Be ‘Catalyst’ for Regulation

“Having the SEC and CFTC work together makes a lot of sense,” Peirce told CoinDesk TV.

SEC Commissioner Hester Peirce (Nikhilesh De/CoinDesk)

Markets

Bitcoin Gains 10% After Report Showed US Consumer Prices Rose Slower Than Expected in October

Taking a break from the panicky action this week, bitcoin rose following the sizable slowdown in inflation.

(Getty Images)

Policy

Crypto Execs Ask for Clearer US Regulatory Policy After FTX Collapse

The CEOs of Coinbase, Ripple and Circle called for clearer policy framework in a tweet thread started by Sen. Elizabeth Warren.

U.S. Securities and Exchange Commission in Washington D.C. (Getty Images)

Markets

Fed Preview: Crypto Market Sees Smaller Rate Hikes From December but Major Banks Warn 'Slower Doesn't Mean Lower'

The Fed could keep raising the borrowing cost for longer, according to major investment banks.

U.S. Federal Reserve Board Chairman Jerome Powell (Anna Moneymaker/Getty Images)

Policy

Prediction Market Kalshi Signals It Sees CFTC's Blessing for Midterm Election Bets

A countdown clock on its website ends today, indicating the service is optimistic regulators will let it offer contracts for the Nov. 8 election.

Kalshi countdown to election markets (kalshi.com)

Markets

Bitcoin Jumps to $21K After Soft US Data, Less Hawkish Bank of Canada

The world's largest cryptocurrency by market volume is up by more than 7% on Wednesday to its highest level in more than a month.

Bitcoin continúa su repunte. (CoinDesk)