Law Decoded: As Crisis Mode Fades, Regulators Look Kindly on Crypto, June 12-19
Regulators are warming up to crypto around the world as they embrace innovation for economic recovery. Go to Source Powered by WPeMatico
CFTC
Auto Added by WPeMatico
“XRP is Not a Security” Says Ex-CFTC Chairman, Now Paid by Ripple
Chris Giancarlo, who as CFTC chairman decreed that both Bitcoin and Ether were not securities, has argued the same for XRP. However he is now at a law firm providing counsel to Ripple, calling the impartiality of such claims into question. Go to Source Powered by WPeMatico
CFTC Chairman: US Must Lead the World in Crypto With Less Restrictive Rules
The chairman of the Commodity Futures Trading Commission (CFTC) has called on other regulators to establish a framework for sound crypto regulation. He believes that the U.S. must lead in the crypto field and “applying overly prescriptive rules could stunt the development of this important market.” CFTC Chairman Heath P. Tarbert has called on other … Read more
CFTC Chairman Cautions Against ‘Overly Prescriptive Rules’ for Crypto
Chairman of the CFTC Heath Tarbert calls for principles rather than rules to dictate the government’s handling of digital assets. Go to Source Powered by WPeMatico
US Financial Services Committee Hearing Discussed the Creation of a ‘Digital Dollar’
On June 11, 2020, the United States Congress Financial Services Committee held a remote hearing about the creation of a “digital dollar.” A number of well known individuals participated including the former Chairman of the U.S. Commodity Futures Trading Commission, Christopher Giancarlo, and members from the Electronic Transactions Association. The Covid-19 outbreak and following panic, … Read more
Digital Dollar Project Releases White Paper Laying Out Groundwork for US CBDC
A U.S. think tank working towards a digitized dollar has released a white paper detailing inaugural aims and use cases for a central bank digital currency. Go to Source Powered by WPeMatico
Swiss Crypto Exchange Lykke Launches Contest to Fund Tech Against COVID-19
Lykke’s new contest looks to give money to developers to pursue new tech proposals that promise to aid the economic recovery in the wake of COVID-19. Go to Source Powered by WPeMatico
Can Central Bank Digital Currencies Protect Individual Privacy?
Top crypto industry and policy experts debated the privacy ramifications of state-issued virtual currencies during the first day of Consensus. Go to Source Powered by WPeMatico
Leaders of the Digital Dollar Project Talk Privacy and the Next Century of Money
Former CFTC royalty and current leaders of a U.S.-based think tank to promote a digital dollar talk privacy in new AMA. Go to Source Powered by WPeMatico
The CFTC Cracks Down on Firms Facilitating a $15 Million Crypto Scam
There has never been a shortage of cryptocurrency scams, nor will there be in the future. Two companies involved in a recent binary options scam have now been fined by the CFTC. When looking at crypto trading platforms, it is pertinent to separate the real ones from the fake. CFTC Hammers Down on Crypto Scams … Read more
