Uniswap taps former Obama campaign spokesperson to handle comms
The Washington insider will help the company navigate through increasingly turbulent regulatory waters. Go to Source Powered by WPeMatico
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SEC Tweets About Funds Holding Bitcoin Futures — Expectations of Impending Bitcoin ETF Approval Soar
The U.S. Securities and Exchange Commission (SEC) has tweeted about investing in funds that hold bitcoin futures contracts. This has sparked optimism within the crypto community that the regulator may soon approve bitcoin exchange-traded funds (ETFs), especially those investing in bitcoin futures. Optimism Grows That SEC Will Approve a Bitcoin Futures ETF Soon The official … Read more
Mexico’s president rules out accepting crypto as legal tender
The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject. Go to Source Powered by WPeMatico
Bank of England’s Deputy Governor Says Crypto Collapse Plausible, Regulators Need to Urgently Establish Rules
Bank of England Deputy Governor Jon Cunliffe says that a collapse in the cryptocurrency market is certainly “plausible,” stating that regulators worldwide need to pursue crypto rules “as a matter of urgency.” While cryptocurrencies do not currently pose a threat to the country’s financial stability, the deputy governor says there are some “very good reasons” … Read more
BoE deputy gov: regulators should pursue crypto as a ‘matter of urgency’
The central bank official spoke about the risks cryptocurrencies and stablecoins may pose when connected to traditional financial systems through individuals, financial institutions, hedge funds, and banks. Go to Source Powered by WPeMatico
Moscow Not Planning to Ban Russians From Buying Crypto Abroad
Russia is not going to follow China’s course and does not plan to ban its citizens from purchasing cryptocurrency on foreign exchanges, a high-ranking government official has indicated. Russians will not be able to pay with digital coins in their own country but are free to use crypto wallets beyond its borders. Russians Can Purchase … Read more
Bitcoin futures ETF will likely be delayed until 2022 says research firm CFRA
Regulatory uncertainty could be the cause for yet more delays in the approval of long-awaited Bitcoin exchange-traded products. Go to Source Powered by WPeMatico
Russia doesn’t plan to follow in China’s footsteps by banning crypto outright, says deputy finance minister
Crypto payments in the country are currently banned, but Russians have been allowed to purchase and trade digital assets like Bitcoin. Go to Source Powered by WPeMatico
IMF reiterates more oversight for crypto in latest report on financial stability
The group identified the crypto space at risk from hacking, “lack of transparency around issuance and distribution” of tokens, and operational risks including outages during periods of extreme volatility. Go to Source Powered by WPeMatico
South Africa Police Issue Arrest Warrant for Fraud-Accused Crypto Trader
Reports from South Africa say the country’s police have now issued a warrant for the arrest of Sandile Shezi, a 29-year-old cryptocurrency trader. The warrant was issued after one Allan Ledwaba, an investor with Shezi’s Global Forex Institute, accused the cryptocurrency trader of swindling him out of more than $33,000 (R500,000). Using Supercars to Woo … Read more
