The crypto industry’s leading political action committee, Fairshake, released another list of candidates it’s supporting for the November elections, backing 13 Democrats and 19 Republicans — all incumbents — in their U.S. House of Representatives races. The candidates tend to be safe bets to return to Congress, potentially further reinforcing the existing support for crypto […]

Many of the major platforms are already registered as designated contract markets (DCMs), such as Coinbase, Crypto.com and Bitnomial, and also prediction markets Kalshi and Polymarket. The new crypto subcategory would be narrower than that full DCM status, but if firms want to pursue futures, swaps and options, they’ll need the DCM stamp. Closing the […]

In a statement shared after this article’s publication, Paige Pidano Paridon, the executive vice president and co-head of regulatory affairs at the Bank Policy Institute said, “BPI supports efforts to bring innovative new products and services into the regulated banking ecosystem, provided that the entities engaging in those activities are subject to the same rules […]

Clayton, who did not respond to a message from CoinDesk, previously served as the U.S. attorney for the Southern District of New York before being appointed this year as Trump’s director of national intelligence. If he becomes a leader in the positioning of the new technology, the AI industry could note his record as a […]

According to the 760-page proposal, the SEC will allow for self-custody by advisers seeking to hold their clients’ funds. The agency is using the term “self-custody” as an asset management firm practice, not how crypto companies typically use the term. It would first require that an adviser can’t find a qualified custodian ready to take […]

That had been a point of disappointment for some participants in past events: While Trump briefly appeared, they didn’t get a chance to meet him. Since his memecoin’s launch in the days before he took office again, investors have lost billions of dollars, and those losses have occupied the spotlight during the recent debates over […]

The surprise crypto tax sprung by Illinois earlier this year may not start on January 1 after Illinois agreed to postpone it for six months, according to the industry groups that negotiated the delay, which will still need sign-off from a judge. The Digital Chamber and Illinois Blockchain Association reached that accord with state officials, […]

Coinbase spent enough to make the top-ten in the overall category of securities and investment lobbying, according to OpenSecrets.org, above even Goldman Sachs Group Inc. and Andreessen Horowitz. In U.S. law, lobbying must be legally disclosed through federal filings (though plenty of soft lobbying happens around the edges at parties and other events). CoinDesk’s review […]

The latest CFTC moves would counter that view by more clearly defining swaps, which are agency-regulated financial instruments in which two parties agree to an exchange. The CFTC is seeking to propose a new rule that would extend the regulatory definition of swaps to include event contracts, traded on popular platforms including Kalshi, Polymarket, Crypto.com […]

Her crypto work included a wide range of policy statements and guidance that clarified the agency’s position on various aspects of the industry, including mining, staking, memcoins and — most importantly — a series of definitions for classifying different types of crypto assets and which regulator would have dominion. More recently, the agency began proposing […]