German Regulator Calls for New DeFi Laws
BaFin's Birgit Rodolphe cites the potential for fraud and investor losses.
Jesse Hamilton is CoinDesk's deputy managing editor on the Global Policy and Regulation team, based in Washington, D.C. Before joining CoinDesk in 2022, he worked for more than a decade covering Wall Street regulation at Bloomberg News and Businessweek, writing about the early whisperings among federal agencies trying to decide what to do about crypto. He’s won several national honors in his reporting career, including from his time as a war correspondent in Iraq and as a police reporter for newspapers. Jesse is a graduate of Western Washington University, where he studied journalism and history. He has no crypto holdings.
BaFin's Birgit Rodolphe cites the potential for fraud and investor losses.
FTX CEO Bankman-Fried testified at a House hearing, defending his CFTC proposal to directly clear customers’ margin-backed derivatives.
The Banking Committee’s top Republican doesn’t want asset-backed stablecoins tarnished by the UST drama.
U.S. federal officials aren’t getting together to follow the game plan that’s typical when mainstream financial firms flounder.
Treasury Secretary Janet Yellen highlights latest news on UST algorithmic stablecoin losing its dollar peg during Senate Banking Committee hearing.
The Federal Reserve's biannual report came out on the same day Terra's dollar-pegged UST stablecoin fell below $0.85.
Co-founders Arthur Hayes, Benjamin Delo and Samuel Reed must each pay $10 million, the CFTC said.
Arthur Hayes, Benjamin Delo and Samuel Reed will each pay $10 million for their role operating BitMEX.
As the CFTC is still considering FTX.US' application, lawmakers will examine the potential trend at hearing.