Enforcement and adoption: What do UK’s recent regulatory aims for crypto mean?
British regulators intend to amplify the enforcement of crypto and make stablecoins a payment method. Go to Source Powered by WPeMatico
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Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun
With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so far as to say that cryptocurrency is “worth nothing.” According to Lagarde, crypto has “no … Read more
Cyprus Drafts Crypto Rules, May Introduce Them Before EU Regulations
Cyprus has prepared its own legislation to regulate crypto assets and is likely to adopt it before Europe finalizes a common regulatory framework, a government official has indicated. The authorities in Nicosia welcome the “careful” use of cryptocurrencies, he added. Government of Cyprus to Submit ‘Attractive’ Crypto Bill Cyprus has an “enviable position” in the … Read more
Biden’s pick for Fed vice chair for supervision calls for congressional action on stablecoins
Fed nominee Michael Barr said that the government agency potentially releasing a central bank digital currency was an issue that required “a lot more thought and study.” Go to Source Powered by WPeMatico
Indian government’s ‘blockchain not crypto’ stance highlights lack of understanding
India’s “blockchain, not crypto” stance has led to disastrous crypto policies, forcing several thriving crypto firms to relocate. Go to Source Powered by WPeMatico
SEC chair uses crypto enforcement in justification for FY2023 budget
“We’re not trying to grow really significantly, but resources to grow at least six percent to grow our enforcement arm in this space,” said Gary Gensler. Go to Source Powered by WPeMatico
Global financial regulators will discuss crypto at G7: Report
Bank of France Governor François Villeroy de Galhau reportedly said that the recent crypto market volatility had been a “wake-up call” for global regulators. Go to Source Powered by WPeMatico
CBDC activity heats up, but few projects move beyond pilot stage
Does government-issued digital money pose an existential threat to cryptocurrencies? Probably not, but stablecoin usage could narrow. Go to Source Powered by WPeMatico
Welcome to Mars: I own everything, have total privacy and life has never been better
While people on Earth are still expecting decentralized tech mass adoption, for people on Mars decentralization is the only way to organize their, well, everything. Go to Source Powered by WPeMatico
CFTC commissioner appoints senior policy adviser experienced in digital asset regulation
Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation. Go to Source Powered by WPeMatico