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With this book, Jimmy Song and a group of seven writers intend to reduce the policymaker’s reliance on traditional media’s narrative on Bitcoin and cryptocurrencies. Go to Source Powered by WPeMatico
NFT mania may have cooled, but the industry is still booming. Melania Trump, Whitney Houston and Applebee’s made NFT-inspired headlines this week. Go to Source Powered by WPeMatico
Jay Clayton said that cryptocurrencies have numerous purposes and are connected to a variety of industries, and the SEC should be in charge of regulating only those sectors that are linked to it. Go to Source Powered by WPeMatico
At his October confirmation hearing, Rostin Behnam said it was “critically important to have a primary cop on the beat” of an emerging market that included cryptocurrencies and stablecoins. Go to Source Powered by WPeMatico
According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who may not have the necessary information to comply. Go to Source Powered by WPeMatico
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell. Go to Source Powered by WPeMatico
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill. Go to Source Powered by WPeMatico
Every witness who appeared in front of the committee seemed to have their own rallying cry for U.S. lawmakers, from calling for greater KYC/AML compliance to “avoid policies that encourage the growth of stablecoins.” Go to Source Powered by WPeMatico
The U.S. lawmaker claimed that the value of stablecoins would “take a nosedive,” with small investors largely feeling the effects of a potential downturn. Go to Source Powered by WPeMatico
The collectibles will be available at 20,000 retail locations including Walmart, Target, Walgreens. Go to Source Powered by WPeMatico
