UK politicians say cryptocurrency is ‘not an investment’
The head of the FCA said the agency is expecting new powers for regulating crypto advertisements. Go to Source Powered by WPeMatico
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Kazakhstan to decide whether to launch CBDC by late 2022
One of the world’s biggest Bitcoin mining countries is still thinking about whether it needs a central bank digital currency. Go to Source Powered by WPeMatico
Puerto Rico wants to combat corruption with blockchain technology
A mayor in Puerto Rico pleaded guilty to accepting a bribe of more than $100,000 in cash last week. Go to Source Powered by WPeMatico
US is ‘unquestionably’ behind the curve on crypto ETFs, says Brian Brooks
Brian Brooks proposed regulators treat crypto in much the same way as traditional financial institutions rather than creating an entirely new body to create a single framework for digital assets. Go to Source Powered by WPeMatico
Discussion on crypto and major tech firms combine in hearing over decentralization of digital ecosystem
“The point of crypto is to have true decentralization — the projects that succeed will be the projects that achieve that,” said Brian Brooks. Go to Source Powered by WPeMatico
Crypto CEOs request Congress provide regulatory clarity at hearing on digital assets
“We don’t need knee-jerk reactions by lawmakers to regulate out of fear of the unknown rather than seeking to understand,” said Representative Patrick McHenry. Go to Source Powered by WPeMatico
Amex, Visa, Citi, Paypal Invest in Crypto Transaction Monitoring and Forensics Platform
American Express’ Amex Ventures, Visa, Citi Ventures, DRW Venture Capital, Jump Capital, Marshall Wace, Block (formerly Square Inc.), and Paypal Ventures are among investors in the latest funding round of crypto transaction monitoring and forensics platform TRM. Amex, Visa, Citi, Paypal Invest in TRM Platform Crypto transaction monitoring and forensics platform TRM announced Tuesday investments … Read more
CIA director says agency currently has ‘a number of different projects’ focused on crypto
William Burns said that building knowledge on crypto was “an important priority” for the CIA, and he planned to devote “resources and attention” to it. Go to Source Powered by WPeMatico
Alexandria Ocasio-Cortez says US lawmakers shouldn’t hold crypto to ‘remain impartial’
“I want to do my job as ethically and impartially as I can,” said AOC, who added that as a member of the House of Representatives’ Financial Services Committee she has chosen not to hold stocks or investments, including digital assets. Go to Source Powered by WPeMatico
Smart crypto policy could keep India’s tech dominance on top
Experts are fairly confident that the Indian government will most likely choose to regulate rather than ban its thriving crypto economy. Go to Source Powered by WPeMatico