Circle CSO lays out policy principles for stablecoins in US
Dante Disparte hinted the U.S. could take a leading role in stablecoin regulation in an effort to “avoid trans-Atlantic or global misalignment.” Go to Source Powered by WPeMatico
United States
Auto Added by WPeMatico
SEC commissioner Allison Lee departs, readying financial regulator for Jaime Lizárraga
The U.S. Senate has already confirmed the nomination of Allison Lee’s replacement, Jaime Lizárraga, to work at the SEC for a term ending in 2027. Go to Source Powered by WPeMatico
56% of banks say DLT and crypto are ‘not a priority’ in near future — Fed survey
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027. Go to Source Powered by WPeMatico
DeFi for financial services: Alex Tapscott’s ‘Digital Asset Revolution’
Alex Tapscott’s new book breaks down key DeFi concepts for business leaders. Go to Source Powered by WPeMatico
CFTC labels 34 crypto and forex firms as unregistered foreign entities
“Customers engaged in transactions with these entities may not receive the benefit of the customer protections, safeguards, and guardrails,” said CFTC commissioner Kristin Johnson. Go to Source Powered by WPeMatico
UK financial watchdog exec hints at importance of international collaboration on crypto regulation
“In the past, innovative firms would have been pleading for less regulation — now they understand and appreciate that rules are there to help provide certainty,” said Nikhil Rathi. Go to Source Powered by WPeMatico
Blockchain-based solutions aim to address US disaster relief
Various blockchain solutions are being used by organizations and enterprises to create efficiencies for U.S. disaster relief efforts. Go to Source Powered by WPeMatico
US Senate confirms Michael Barr as Fed vice chair for supervision
Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs. Go to Source Powered by WPeMatico
US Treasury calls for public comment on digital asset policy, following Biden’s executive order
President Joe Biden’s executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations. Go to Source Powered by WPeMatico
Law Decoded, July 4–11: Access denied for crypto-owning policymakers
An advisory notice from the United States Office of Government Ethics intends to leave the hodlers out of decision-making on crypto. Go to Source Powered by WPeMatico
