Circle CEO says SEC should not regulate stablecoins
The U.S. Securities and Exchange Commission (SEC) is not the right regulator for stablecoins. This view was voiced by Circle CEO Jeremy Allaire in an interview with Bloomberg.
Circle CEO says SEC should not regulate stablecoins
The U.S. Securities and Exchange Commission (SEC) is not the right regulator for stablecoins. This view was voiced by Circle CEO Jeremy Allaire in an interview with Bloomberg.
Fed warns banks of liquidity risks tied to crypto firms
The Fed, FDIC, and OCC issued a joint statement reminding U.S. banking institutions of the potential risks posed by crypto-focused firms.
IMF urges a coordinated response to cryptocurrencies
Growing adoption of digital assets requires harmonising regulators' efforts across countries in relation to their regulation. This is stated in a statement by the International Monetary Fund (IMF).
Binance Australia closes several accounts on its derivatives platform
Binance's Australian arm paused servicing several retail user accounts.
Bank of Israel issues guidance for stablecoin issuers
The Bank of Israel published a set of requirements for stablecoin issuers. The recommendations envisage banning algorithmic stablecoins if they are widely used in payments.
New York financial regulator to strengthen oversight of the crypto market
The New York State Department of Financial Services (NYDFS) announced an update to tools for monitoring illicit activity involving digital assets among supervised entities.
Bloomberg flags Beijing’s backing of Hong Kong’s crypto ambitions.
The Chinese government is quietly backing Hong Kong authorities in their bid to turn the region into a cryptocurrency hub, Bloomberg reports.
BIS estimates losses for the majority of retail Bitcoin investors
From 2015 to 2022, the average retail investor lost about half of the funds invested in Bitcoin, despite the price rising during that period. Analysts at the Bank for International Settlements (BIS) reached these conclusions.
Caitlin Long accuses regulators of corruption in industry regulation
Custodia CEO Caitlin Long (formerly Avanti) said she had made an unsuccessful attempt to influence regulators to stop a major fraud in the industry amid problems at a crypto bank seeking a license.
Hong Kong regulator proposes rules for cryptocurrency platforms
The Hong Kong Securities and Futures Commission (SFC) has launched public consultations on new requirements for operators of digital asset trading platforms, according to the agency's website.We use cookies to improve the quality of our service.
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