US


Policy

Chinese Intelligence Officers Used Bitcoin in Scheme to Undermine Investigation, US Officials Allege

The two officers tried bribing a U.S. law enforcement official with $61,000 in bitcoin to help support what appears to be Huawei.

Guochun He, left, and Zheng Wang are accused of attempting to obstruct a U.S. investigation. (Justice Department)

Policy

Over a Fifth of Cases in CFTC’s 2022 Crackdown Were Crypto-Related

The federal regulator’s annual enforcement results revealed that over 20% of the CFTC’s enforcement actions in 2022 involved crypto.

CFTC Chair Rostin Behnam speaks at DC Fintech Week. (Nikhilesh De/CoinDesk)

Finance

State Securities Regulators Move to Shut Down NFT Scam Tied to Metaverse Casino

The action comes as states are increasingly joining forces to tackle crypto crimes.

Bitcoin investors take bets offering downside protection (Pixabay)

Policy

Stablecoins Could ‘Fundamentally Alter’ Banking System, Says US FDIC Chief

Acting FDIC head Martin Gruenberg argues that stablecoins need to mesh with regulated banking as well as the Fed’s real-time payments system and any future U.S. CBDC.

FDIC Interim Chairman Martin J. Gruenberg (FDIC.gov)

Finance

CBDC Development Necessary for US to Remain Competitive, says Congressman

U.S. Rep. Jim Himes joined CoinDesk TV’s “First Mover” live from I.D.E.A.S. 2022 in New York City to discuss why the U.S. should consider moving forward with a central bank digital currency.

Congressman James Himes (Joshua Roberts-Pool/Getty Images)

Policy

CFTC Commissioner to Pitch Retail Investor Definition to Get Set for Crypto

Commissioner Christy Goldsmith Romero says the agency needs a new way of categorizing investors as it prepares for new digital-assets oversight.

Commissioner Christy Goldsmith Romero (Jesse Hamilton/CoinDesk)

Markets

Crypto Stocks Plunge as Bitcoin Slides to $18.1K on Inflation Data

Coinbase has tumbled 11%, while MicroStrategy, Riot Blockchain, Marathon Digital are all down in the area of 7%.

Las acciones de las criptomonedas se tambalean tras conocerse los datos del CPI. (M/Unsplash)

Policy

Key US Lawmaker Says Talks Continue Over ‘Ugly Baby’ Bill to Oversee Stablecoins

After months negotiating legislation to establish U.S. oversight, Rep. Patrick McHenry signals the challenges ahead for the effort next year.

Rep. Patrick McHenry speaks at DC Fintech Week (Nikhilesh De/CoinDesk)

Markets

US Consumer Price Index for September Could Provide Push for Bitcoin to Break Out of Its Recent Range

The world’s largest cryptocurrency has been trading in a range between $18,000-$22,400 since the start of September.

The latest inflation data, excluding volatile food and energy prices, is due Thursday. (Kinga Krzeminska/Getty Images)

Policy

US Senator Warren Leads Congressional Group's Probe Into Bitcoin Mining Energy Use in Texas

Seven Democrats from both the Senate and House are asking Texas grid operator ERCOT how bitcoin mining is impacting the state.

(Pete Alexopoulos/Unsplash)