Sen. Ted Budd (R-NC) introduced the Keep Your Coins Act, which would allow customers to maintain custody of their digital assets in self-hosted wallets and conduct transactions without the need to utilize a third-party intermediary. The bill would also prohibit any federal agency from proposing a rule that would impair a person's ability to act as a self-custodian of digital assets. Rep. Warren Davidson (R-OH) introduced a House version of the bill in July.

US District Judge Arun Subramanian granted Avraham Eisenberg’s request to push his trial date to April 2024. Eisenberg allegedly manipulated the MNGO token to steal over $100 million from crypto exchange Mango Markets.

SEC Commissioner Mark Uyeda spoke at the 2023 Conference on SEC Regulation Outside the United States, criticizing the SEC’s enforcement actions surrounding crypto, and advocating instead for proposing rules and issuing interpretative guidance. Uyeda stated that one of the SEC's primary responsibilities is "to set clear expectations on permitted and prohibited conduct in advance so that law-abiding market participants can comply ex ante." He also voiced disappointment that, "despite the large number of rule proposals issued by the SEC during the last two years, cryptocurrency was not among them."

Sen. Elizabeth Warren (D-MA) posted a tweet reiterating her call for the Treasury Department and IRS to quickly implement the agencies’ proposed crypto broker reporting rule. Currently, the rule faces a two-year delay, and Sens. Warren and Angus King (I-ME) have already called on the agencies to speed up implementation.

In an interview with Yahoo Finance, Sen. Cynthia Lummis (R-WY) criticized the SEC’s crackdown on the crypto industry, and discussed efforts to include crypto legislation in the FY 2024 NDAA. She also discussed SEC Staff Accounting Bulletin 121, which the Government Accountability Office recently said qualified as a rule, and thus should have been sent to Congress for approval. Lummis asserted that SAB 121 is "not a common-sense rule."

SafeMoon Chief Technology Officer Thomas Smith pled not guilty to charges that he participated in fraud and money laundering. This comes after Smith, along with SafeMoon creator Kyle Nagy and CEO John Karony, were charged by the SEC for the unregistered sale of crypto asset securities, and by the Justice Department for conspiracy to commit securities fraud, wire fraud, and money laundering.

The Supreme Court announced that it will review a Ninth Circuit decision that kept putative class action claims against Coinbase in California federal court rather than sending them to arbitration. This will give Coinbase another chance to overturn a decision from December 2022, which found that the company should face claims that it violated consumer laws during a sweepstakes involving the cryptocurrency Dogecoin.

CFTC Commissioners Christy Goldsmith Romero and Kristin Johnson released statements on customer protection, noting the importance of addressing risks posed by cryptocurrency. Commissioner Romero highlighted the rise of retail customers associated with trading in cryptocurrency. Commissioner Johnson urged the CFTC to address regulatory gaps in markets such as those involving crypto and digital assets.

The SEC’s Office of the Inspector General released a report on the SEC’s management and performance challenges, highlighting crypto as a challenge area for the agency. The report also notes SEC's struggle to recruit specialists in crypto assets, which is "critical to strengthening [the SEC's] capabilities to investigate new and emerging issues in crypto-asset markets."