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CDCROP: U.S. Senator Cynthia Lummis at Consensus 2022 (Shutterstock/CoinDesk)
Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
The Wyoming-based bank filed suit against the Federal Reserve in June, arguing that the Fed’s refusal to make a decision is unlawful and discriminatory against crypto institutions.
CDCROP: U.S. Senator Cynthia Lummis at Consensus 2022 (Shutterstock/CoinDesk)

U.S. Securities and Exchange Commission in Washington, D.C.
SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report
The regulator suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks.
U.S. Securities and Exchange Commission in Washington, D.C.

CDCROP: Brian Armstrong CEO Coinbase (CoinDesk)
Coinbase App to Track US Politicians' Crypto-Friendliness Ahead of Midterm Elections
The trading platform's CEO Brian Armstrong says the company wants to help pro-crypto candidates solicit donations from the crypto community.
CDCROP: Brian Armstrong CEO Coinbase (CoinDesk)

Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)
Judge Approves Use of Independent Examiner in Crypto Lender Celsius' Bankruptcy Case
The examiner will be appointed by the U.S. Trustee's office, a Department of Justice entity tasked with monitoring bankruptcies.
Consensus 2019 Alex Mashinsky Founder and CEO Celsius Network (CoinDesk)

Catawba Digital Economic Zone
US Tribal Nation Economic Zone Publishes Draft Rules for DAOs
The Catawba Digital Economic Zone proposes allowing DAOs to be organized as unincorporated non-profits or limited liability companies.
Catawba Digital Economic Zone

CDCROP: Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami
Bitcoin Miner Marathon to Start Energizing Texas Rigs at Compute North Facility
The dramatic decline in bitcoin prices led to a $127.6 million impairment on the company's BTC holdings in the second quarter.
CDCROP: Marathon Digital CEO Fred Thiel interview at Bitcoin conference in Miami

CDCROP: Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Pat Toomey, R-Pa. (Tom Williams-Pool/Getty Images)
US Senate Republican Seeking Bipartisan Support for Stablecoin Oversight Effort
The ranking Republican on the Senate Banking Committee is talking to Democrats, including Chairman Sherrod Brown, to gain broader support.
CDCROP: Chairman Sherrod Brown, D-Ohio, left, and ranking member Sen. Pat Toomey, R-Pa. (Tom Williams-Pool/Getty Images)

Huobi moves forward with plans to enter U.S. market (Aaron Burden/Unsplash)
Huobi Tech Subsidiary Is Granted US Money Transfer License
The license opens the door for the brokerage unit to offer cryptocurrency transactions in the future.
Huobi moves forward with plans to enter U.S. market (Aaron Burden/Unsplash)

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Derivatives' Old Guard Fights FTX Chief Over Plan to Cut Out Middlemen
FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.
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Sen. Pat Toomey (R-Pa.) introduced a proposed bill to regulate asset-backed stablecoins last month. (Kevin Dietsch/Getty Images)
'Failure Should Be an Option,' US Sen. Pat Toomey Says of UST Turmoil
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.
Sen. Pat Toomey (R-Pa.) introduced a proposed bill to regulate asset-backed stablecoins last month. (Kevin Dietsch/Getty Images)