Investors are counting down to the Federal Reserve’s Sept. 17 monetary policy decision; markets expect a quarter-point rate cut that could trigger short-term volatility but potentially fuel longer-term gains across risk assets. The economic backdrop highlights the Fed’s delicate balancing act. According to the latest CPI report released by the U.S. Bureau of Labor Statistics […]

CFTC Chair nominee Brian Quintenz posted several messages he’d exchanged with Tyler Winklevoss, seemingly in a bid to get his nomination process back on track. You’re reading State of Crypto, a CoinDesk newsletter looking at the intersection of cryptocurrency and government. Click here to sign up for future editions. The narrative On Wednesday, at CoinDesk’s […]

U.S. SEC Chair Paul Atkins said crypto’s time has come, pledging to modernize the U.S. securities rulebook and expand “Project Crypto” to bring markets on-chain. Speaking in Paris on Sept. 10 at the OECD’s inaugural Roundtable on Global Financial Markets, Atkins said the SEC is shifting away from enforcement-driven policymaking and will provide clear rules […]

Prediction market Kalshi is violating Massachusetts’ state gambling laws, its attorney general alleged in a lawsuit Friday. In a filing, Attorney General Andrea Joy Campbell alleged that sports event contracts, which Kalshi introduced in January 2025, violate the state’s sports wagering laws, which require operators to be licensed. Campbell is asking for a court to […]

Hedera’s native token HBAR posted modest gains during the September 11–12 trading window, climbing from $0.237 to as high as $0.245 before closing at $0.240. The move reflected a surge in institutional participation, with market activity closely tied to fresh developments around potential exchange-traded products. Corporate momentum built after Grayscale Investments revealed plans for a […]