House Majority Whip Tom Emmer (R-MN) reintroduced the CBDC Anti-Surveillance Act, which aims to bar the Federal Reserve from issuing a central bank-backed digital dollar. Emmer argued that, "If not designed to be open, permissionless, and private – emulating cash – a government-issued CBDC is nothing more than a CCP-style surveillance tool that would be used to undermine the American way of life." The bill has 50 original cosponsors.

Sam Bankman-Fried asked a Florida federal court to pause FTX customers’ proposed class action against him until his upcoming criminal trial has concluded, arguing that his Fifth Amendment rights would be jeopardized if he is forced to defend the customers’ claims before the trial.

Former Celsius CEO Alex Mashinsky filed a motion to dismiss the FTC’s case against him.

Cryptocurrency platform Voyager Digital Holdings Inc. proposed a settlement of tens of millions of dollars in intercompany claims within its corporate structure, and told a New York judge that the deal resolves ongoing litigation among the Voyager parties.

The Senate Finance Committee’s request for information regarding the taxation of digital assets closed on September 8. Respondents asked for clear rules on use and lending, with the American Bar Association Section of Taxation stating that traders of digital assets such as cryptocurrencies should be treated similarly to commodities dealers and allowed to elect to use the mark-to-market accounting method.

CFTC Director of Enforcement Ian McGinley spoke on the CFTC’s enforcement actions surrounding digital assets, highlighting the Commission’s actions related to the derivatives markets for digital assets.

The SEC pushed back against Ripple Labs’ efforts to block its appeal, filing a reply memorandum to reinforce the agency’s interlocutory appeal.

At the Federal Reserve Bank of Philadelphia’s annual Fintech Conference, Fed Vice Chair for Supervision Michael Barr said he is “deeply concerned” about widespread use of unregulated stablecoins and the threat they could pose to financial stability.

The CFTC filed and settled charges against Jacob Orvidas for leveraging BTC fraud and failing to register as a commodity pool operator, requiring him to pay over $2 million in restitution and a $500,000 civil monetary penalty. In a statement of support for the decision, CFTC Commissioner Christy Goldsmith Romero released recommendations for crypto customers to protect themselves from fraud.