policymakers – DIGIT INFO

WEF talks DeFi regulation, HKDA stablecoin integrates Chainlink: Finance Redefined

DIGIT — Fri, 11 Oct 2024 19:01:32 +0000

The World Economic Forum has urged policymakers to adopt sandbox-based frameworks to enhance regulatory clarity for DeFi innovations and address key risks.

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China to gain most from restrictive US crypto regulations: Coinbase CEO

DIGIT — Wed, 31 May 2023 03:19:41 +0000

The Coinbase CEO has been hugely critical of the U.S. failure to provide the crypto industry with regulatory clarity and has long argued it will push firms offshore.

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US Consumer Price Index Rises 0.1% in March, Annual Inflation up 5% From Last Year

DIGIT — Wed, 12 Apr 2023 16:15:06 +0000

On Wednesday, the U.S. Bureau of Labor Statistics published the Consumer Price Index (CPI) report, which noted that inflation rose 0.1% last month in March and 5% from a year ago. Annual inflation has dropped for nine consecutive months following the nine times the U.S. Federal Reserve raised the federal funds rate. U.S. Inflation Cools […]

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Texas Lawmakers Introduce Bill Proposing to Establish a Gold-Backed Digital Currency

DIGIT — Sat, 08 Apr 2023 19:30:12 +0000

Two Republican lawmakers from Texas, senator Bryan Hughes and representative Mark Dorazio, have introduced legislation to create a gold-backed digital currency that could be enacted by the state legislature. The policymakers believe that this currency could greatly benefit the Lone Star State and, as an alternative digital currency, it could provide Texas residents with the […]

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US Treasury Report Warns of Defi’s Threat to National Security, Authors Conclude Fiat Is Used in Illicit Finance More Than Crypto

DIGIT — Thu, 06 Apr 2023 19:30:01 +0000

The U.S. Treasury has released a 42-page report assessing the risks of decentralized finance (defi). The report states that specific nation-state adversaries, cybercriminals, ransomware attackers, thieves, and scammers are using defi to “transfer and launder their illicit proceeds.” The Treasury’s report warns that defi could threaten national security and calls for policymakers to increase oversight. […]

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Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees

DIGIT — Sat, 01 Apr 2023 03:04:57 +0000

This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an […]

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Market Strategist Michael Wilkerson Believes US Inflation Could Rise to 12% by Year-End Despite Predictions of Decrease

DIGIT — Sun, 26 Feb 2023 19:30:43 +0000

While several market strategists and analysts expect U.S. inflation to drop considerably in 2023 compared with last year, Michael Wilkerson, founder of Stormwall Advisors, thinks the inflation rate could climb as high as 12% by the end of this year. The country’s inflation rate has cooled down over the past seven months, but Wilkerson insists […]

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Custodia CEO Slams US Government Over Broad Crackdown, Lack of Regulatory Clarity in Crypto Industry

DIGIT — Sat, 18 Feb 2023 15:30:40 +0000

Caitlin Long, CEO of crypto bank Custodia, criticized the U.S. government for its handling of a massive crypto fraud that occurred months before the company’s collapse. She made her remarks in a blog post after disclosing evidence to law enforcement. Long’s post followed Custodia’s unsuccessful application to become a member of the Federal Reserve System, […]

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100 crypto lobbyists prepare for the fight of their lives as Congress resumes

DIGIT — Wed, 04 Jan 2023 05:00:30 +0000

Battle lines are being drawn over crypto in Congress but industry executives remain optimistic.

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Indian Government Shed Light on Proposed Crypto Regulation

DIGIT — Fri, 21 Jun 2019 10:05:51 +0000

Since leaked information regarding India’s cryptocurrency bill emerged, there have been constant discussions about what it entails. Four different government bodies have been asked about their involvement in the drafting of the bill. South Korea went through a similar situation, causing confusion to the public. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms RTIs […]

The post Indian Government Shed Light on Proposed Crypto Regulation appeared first on Bitcoin News.

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