The regulator also said in its view that certain crypto interest account providers were providing unregistered securities, such as BlockFi and Voyager.
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Access to CBDCs reduces banks’ need to insure against liquidity risks and gives policymakers greater information about trouble in the financial system, according to the study.
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.
J. Matthew DeLesDernier, assistant secretary for the SEC, said it had extended to allow for “sufficient time to consider the proposed rule change and the issues raised therein.”
The French presidency of the European Union winds down with the completion of wCBDC experiments, design of proprietary blockchain and automated market maker platform.
Thousands of Sri Lankans took to the streets of Colombo in protest of the government’s response to the economic situation in the country.
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of "same risk, same regulatory outcome."
The U.S. Patent and Trademark, and Copyright offices will explore the impact of NFTs on intellectual property rights as lawsuits begin to stack up.
An advisory notice from the United States Office of Government Ethics intends to leave the hodlers out of decision-making on crypto.
The Bank for International Settlements, the International Monetary Fund and the World Bank say CBDCs should be programmed in advance to avoid interoperability issues.
Iranian cryptocurrency users claim to have used global exchange Binance months after a company-imposed ban and renewed economic sanctions against the country.
The FSB seems more concerned with the crypto market given its recent turmoil and the “increasing interconnectedness with the traditional financial system.”
The Responsible Financial Innovation Act proposes a comprehensive set of regulations for the digital assets sector, and one potentially impactful section is DAOs.
The Philippine Department of Trade and Industry waved off a Binance ban proposal, citing a lack of regulatory stance on cryptocurrencies from the central bank.
GMEX has acquired ING’s Pyctor business to connect CeFi and Defi amid the increasing demand for hybrid finance.
A recent ECB report says stablecoins are not practical as a mode of payment and their current form isn't fit for use in the real economy.
Grayscale argues that the differences between futures and spot Bitcoin ETFs have no correlation to approvals because prices are based on the same spot Bitcoin markets.
Traditional markets have regulations to protect investors from unrecoverable losses, a Bank of England executive recently noted.
Just like railways transformed everyday lives in towns in the early days, blockchain technology continues to shape the format of the internet and its users.