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The vice chair for supervision seat at the Federal Reserve has been vacant since governor Randal Quarles’ term ended in October 2021. Go to Source Powered by WPeMatico
The regulatory arm of UAE’s financial centre, Abu Dhabi Global Market (ADGM), has released a discussion paper that is seeking stakeholders’ comments regarding the regulation of decentralized finance (defi). The paper also makes clear the regulator’s stance regarding the anonymity of defi transactions. Paper Not Guidance for Financial Institutions The FSRA, a regulatory arm of … Read more
Zhao said that regulators want to be a part of this industry now, calling this “one of the most fundamental things we’ve shifted.” Go to Source Powered by WPeMatico
A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payments Interface (UPI) system. This followed a statement issued by the National Payments Corporation of India (NPCI) regarding the usage of the UPI system by crypto exchanges. Indian Exchanges Stop Offering Major Payment Options Options to deposit Indian rupees … Read more
“We solemnly call on consumers to […] be vigilant and stay away from NFT-related illegal financial activities,” said the associations. Go to Source Powered by WPeMatico
According to Bertrand Perez, some lawmakers are still making decisions “too fast or without having education” on crypto, but Libra may given them a push to develop a framework. Go to Source Powered by WPeMatico
XRP risks plunging to $0.50 in April as it breaks out of a classic bearish continuation structure. Go to Source Powered by WPeMatico
The spread of cryptocurrencies brings significant risks for Russia’s economy, financial stability, and national fiat, the monetary authority in Moscow has reiterated. The central bank has reaffirmed its hardline stance on decentralized digital money in a new report published as the government prepares to regulate the Russian crypto space. Central Bank of Russia Issues Warnings … Read more
An Ethereum developer, Virgil Griffith, has been sentenced to five years and three months in U.S. prison after he pleaded guilty to a charge brought on by speaking at a crypto conference in North Korea. According to the U.S. Department of Justice (DOJ), his presentation provided the Kim Jong Un regime with “technical advice on … Read more
“The vast majority of advisors we surveyed either plan to begin allocating to crypto or increase their existing allocation to crypto,” said Nasdaq’s Jake Rapaport. Go to Source Powered by WPeMatico
