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“Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson. Go to Source Powered by WPeMatico
Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs. Go to Source Powered by WPeMatico
President Joe Biden’s executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations. Go to Source Powered by WPeMatico
The Responsible Financial Innovation Act proposes a comprehensive set of regulations for the digital assets sector, and one potentially impactful section is DAOs. Go to Source Powered by WPeMatico
Traditional markets have regulations to protect investors from unrecoverable losses, a Bank of England executive recently noted. Go to Source Powered by WPeMatico
According to a new report, U.S. president Joe Biden and his administration are focused on proof-of-work (PoW) mining. The principal assistant director for energy for the White House Office of Science and Technology Policy (OSTP) discussed the research report on July 2, 2022. The OSTP official, Costa Samaras, said if digital currencies plan to stick … Read more
With the regulatory push for a tighter identification standards rises, the crypto industry definitely has some innovations to offer. Go to Source Powered by WPeMatico
The Web3 community has launched a number of initiatives to raise funds and awareness for women’s reproductive rights following the overturn of Roe v. Wade. Go to Source Powered by WPeMatico
The Ministry of Information Technologies and Communications of Colombia, Mintic, has issued a guide that describes the steps to implement blockchain in projects directed at the state level. The document defines blockchain and its basic elements, and also describes the guidelines that some projects should follow, depending on the needs of each project. Colombia Issues … Read more
The Treasury report was required under President Joe Biden’s executive order on digital assets issued in March. Go to Source Powered by WPeMatico