Turkey to ban cryptocurrency payments
Turkey’s central bank is also banning payment providers from offering fiat-to-crypto onramps for cryptocurrency exchanges. Go to Source Powered by WPeMatico
Bitcoin Regulation
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MIT Crypto Professor Gary Gensler Confirmed as New SEC Chairman
The U.S. Securities and Exchange Commission (SEC) now has a new chairman, Gary Gensler. President Joe Biden’s pick, the MIT professor, whose classes included blockchain technology, digital currencies, and financial technology, has been confirmed by the Senate to lead the SEC. SEC Has a New Chairman President Joe Biden’s pick to lead the U.S. Securities … Read more
There will be drama, warns WEF expert on Bitcoin regulation
Recent events in the crypto space have the smell of victory, but only represent small battles in an ongoing war. “Dramatic” changes are on the way. Go to Source Powered by WPeMatico
Republican Kevin McCarthy says Fed chair needs more education on crypto
The House minority leader said the United States should not take a backseat to China when it comes to digital currencies. Go to Source Powered by WPeMatico
Galaxy Digital submits Bitcoin ETF application with SEC
Mike Novogratz’s Galaxy Digital is the latest Bitcoin exchange-traded fund applicant in the United States. Go to Source Powered by WPeMatico
Why cryptocurrency is booming in India despite national ban fears
Cryptocurrency is taking off in India, despite regulatory fears which many are now dismissing as nothing but FUD. Go to Source Powered by WPeMatico
Goldman Sachs Predicts ‘Big Evolution’ Coming to Cryptocurrency Regulation
Goldman Sachs CEO David Solomon foresees “big evolution” coming to cryptocurrency regulation as demand for bitcoin from clients continues to rise. He says that Goldman will “continue to find ways to serve our clients as we move forward.” Crypto Regulation Will Experience ‘Big Evolution,’ Says Goldman Sachs’ Chief David Solomon, the CEO of global investment … Read more
Economist Says Bitcoin Isn’t Too Big to Fail — Warns BTC Can Only Establish Itself if Governments Allow It
Allianz’s chief economic advisor Mohamed El-Erian says that bitcoin is not too big to fail and that governments may intervene. While he believes that cryptocurrency will grow in popularity, the economist says “it takes away a lot from governments,” adding that this asset “can only establish itself if governments allow it to.” Economist Warns of … Read more
Crypto lobby groups are gaining traction in Washington as the threat of regulatory bottleneck looms
The blockchain industry is looking to shed the negative association between digital assets and crime as the threat of additional regulatory oversight looms. Go to Source Powered by WPeMatico
Tyler Winklevoss thinks Bitcoin is past the risk of a US ban
Bitcoin has likely become too interwoven into the world for a ban to be plausible, says the Gemini CEO. Go to Source Powered by WPeMatico