JPMorgan moves into deposit tokens for settlements: Report
JPMorgan is reportedly developing the infrastructure to run a new deposit token, allowing settlements between banks for corporate clients. Go to Source
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Former FTX exec will give up real estate, car, and $11M following guilty plea: Report
Ryan Salame will reportedly remain free on a $1-million bond until his sentencing hearing scheduled for March 2024. Go to Source
House committee will reopen discussions on digital dollar in Sept. 14 hearing
Following an August recess, members of the House Financial Services Committee will gather for a “Digital Dollar Dilemma” hearing on Sept. 14. Go to Source
Former FTX exec is planning to plead guilty to criminal charges: Report
A Sept. 7 court appearance by Ryan Salame could see the former co-CEO of FTX Digital Markets plead guilty, following the examples of Caroline Ellison, Gary Wang, and Nishad Singh. Go to Source
Ron DeSantis’ falling polls: Could crypto lose its candidate?
The politician faces harsh competition from pro-crypto candidates of all sorts, with his already shaky popularity in the polls declining. Go to Source
US Treasury, IRS propose cryptocurrency regulations for brokers
Brokers — referred to as “digital asset middlemen” in the regulatory proposal — will be required to provide information on gains and losses incurred during the sale of crypto assets. Go to Source
Following SEC delays, Ark Invest and 21Shares file for spot Ether ETF
The two firms currently have a spot Bitcoin exchange-traded fund being reviewed by the SEC, and recently proposed listings of two Ether futures ETFs. Go to Source
Tornado Cash co-founder pleads not guilty to all charges: Report
Roman Storm, facing charges related to his role in helping create crypto mixer Tornado Cash, has been free on bail following his arrest by U.S. authorities in August. Go to Source
US Senate confirms Philip Jefferson as Federal Reserve vice chair
Philip Jefferson, who has been serving as a Fed governor since 2022, will take on the No. 2 role under chair Jerome Powell at the central bank until 2036. Go to Source
Alex Mashinsky’s assets frozen by US court as part of criminal case
The former Celsius CEO was arrested on July 13 and faces criminal and civil charges stemming from his involvement in the now-defunct platform. Go to Source