Regulation – Page 228

US is not moving fast enough to develop a CBDC, says former CFTC chair

“We should act now to improve access to financial services through other means as well — the need is too great,” said Tim Massad.

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Fidelity clears regulatory hurdle to become Canada’s first institutional Bitcoin custodian

The service would only be available to institutional investors for now, but Fidelity is also launching Bitcoin ETFs to cater to retail interest.

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India to reduce GST paid on cryptocurrency exchanges from 18% to 1% through regulatory reclassification

Despite the growing popularity of cryptocurrencies in India, lawmakers remain deeply divided on implementing a proper regulatory framework.

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Fed Governor Waller praises stablecoins as a genuine innovation that makes the development of CBDCs redundant

The total market capitalization of stablecoins increased five-fold in the past year alone.

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Acting OCC head calls for consolidated supervision for crypto firms

Michael Hsu said this approach would require more cooperation from both federal and state regulators, with “less regulatory competition” and “more interdependence.”

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CZ reveals how many users left Binance after mandatory KYC

Binance CEO Changpeng Zhao shed new light on the exchange’s compliance roadmap and its users’ take on KYC so far.

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Investment Manager Expects Governments to Clamp Down on Bitcoin, Warns of ‘Intense’ Crypto Regulation

The founder and chief investment officer of Hayman Capital Management, Kyle Bass, has warned that governments will start to really clamp down on bitcoin. He predicts that “intense” crypto regulation will come out of the U.S. Treasury and the Internal Revenue Service (IRS) next year. Fund Manager Expects ‘Intense’ Crypto Regulation Next Year Kyle Bass, […]

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Ripple Proposes ‘Real Approach to Cryptocurrency Regulation’

Ripple has published a proposal for a regulatory framework for cryptocurrencies called “A Real Approach to Cryptocurrency Regulation.” CEO Brad Garlinghouse explained that his company’s “proposed policy framework is a three-pronged approach of what can be done now,” noting that it is the result of Ripple’s “direct interactions with regulators and bipartisan policymakers.” Ripple’s ‘Real […]

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Binance Calls for Global Crypto Regulation While Launching ‘Crypto Is Evil’ Ad Campaign

Cryptocurrency exchange Binance has called for “global regulatory frameworks for crypto markets.” The company has also launched a “Crypto Is Evil” ad campaign featuring “10 Fundamental Rights for Crypto Users.” Binance Pushes for Global Crypto Regulation, Introduces ‘Crypto Is Evil’ Ads Cryptocurrency exchange Binance called for “global regulatory frameworks for crypto markets” Tuesday with a […]

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Traders watch for a trend reversal after Ethereum price drops to $4,100

ETH’s 13% drop to $4,100 led to $200 million in futures liquidations, but pro traders still have reason to stay long and strong.

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