Bitcoin News / Google News Bitcoin - 2 years ago
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoi...
Bitcoin News / Bitcoin.com - 2 years ago
A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It...
Cryptocoins News / Blockchain - 2 years ago
The South African Reserve Bank (SARB) announced on Wednesday plans to introduce a regulatory framework for cryptocurrencies, Kuben Naidoo, the Deputy Governor of the Central Bank, revealed.
After years of taking a soft stance that it would not regu...
Cryptocoins News / The Cointelegraph - 2 years ago
The principle of “same risk, same regulation” for crypto received further confirmation with the release Wednesday of new guidance on stablecoin arrangements (SAs). The guidance, issued by the Bank for International Settlements (BIS) Committee on Pay...
Bitcoin News / Bitcoinist - 2 years ago
To investigate the opportunities and hazards that crypto assets present for consumers and businesses, UK Lawmakers Treasury Select Committee has opened an investigation into them.
UK Lawmakers Launch Inquiry
Today, July 13, the committee requested wr...
Cryptocoins News / Finance Magnates - 2 years ago
IOSCO, a global body for securities regulators, and a committee at the Bank for International Settlements (BIS) published guidance on Wednesday, stating when existing payments regulations should apply to stablecoins.
Take Advantage of the Biggest F...
Cryptocoins News / The Cointelegraph - 2 years ago
Jon Cunliffe, deputy governor for financial stability at the Bank of England, has called for a clear regulatory framework for crypto to address risks amid the recent market downturn.
In a written speech at the British High Commissioner's Residence i...
Bitcoin News / Google News Bitcoin - 2 years ago
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October.
FSB to Present Robust Crypto Reg...
Bitcoin News / Bitcoin.com - 2 years ago
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors in October.
FSB to Pres...
Cryptocoins News / Finance Magnates - 2 years ago
The Financial Stability Board (FSB) released a statement on Monday on the international regulation Regulation Like any other industry with a high net worth, the financial services industry is tightly regulated to help curb illicit behavior and ma...
Cryptocoins News / EthereumWorldNews - 2 years ago
Summary:
The European Central Bank has recommended urgent stablecoin regulation, citing UST’s recent collapse and losses faced by its holders.
The ECB also states that algorithmic stablecoins should be treated as unbacked crypto assets due to thei...
Bitcoin News / Bitcoinist - 2 years ago
The G20 has thus far restricted itself to merely keeping an eye on the cryptocurrency market, noting that it has found no compelling reason to strictly clamp down on the industry because it poses no “systemic risk.”
The Financial Stabilit...
Cryptocoins News / The Cointelegraph - 2 years ago
On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address some of the biggest questions facing the digital as...
Cryptocoins News / Finance Magnates - 2 years ago
As cryptocurrencies such as Bitcoin crash and inflation causes prices to rise, investors are quickly moving to the sidelines, so as to avoid losing whatever they may have left. Countless people have lost their savings and investments in recent month...
Cryptocoins News / The Cointelegraph - 2 years ago
Bank of England (BoE) deputy governor for financial stability, Jon Cunliffe, recommended forming a set of regulations — similar to conventional financial systems — to tackle risks within the cryptocurrenc ecosystem while improving investor confidenc...
Bitcoin News / Google News Bitcoin - 2 years ago
Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that the exchange is currently complying with it...
Cryptocoins News / Blockchain - 2 years ago
The United States Treasury Department has delivered a crypto framework to President Joe Biden as instructed in the Executive Order (EO) issued back in March.
The Treasury Department said the framework sent to the President was created in consultat...
Bitcoin News / Google News Bitcoin - 2 years ago
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to growing support for the legalization of inte...
Bitcoin News / Bitcoin.com - 2 years ago
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnected that it might pose risks to the stabi...
Bitcoin News / Bitcoinist - 2 years ago
The U.S Treasury Department has published a fact sheet which lays a framework for international engagement related to crypto. This fact sheet was published on Thursday.
It lays out how U.S plans on working with several foreign regulators to take up...
by COINS NEWS - 2 years ago
How can you criticise him? He has BRAIN in his name, mate. /s
FYI : Despite being sellouts to the private sector, there are still some federal agencies that provide retail users with protection in the letter. Can they do something about anti-competi...
Cryptocoins News / The Cointelegraph - 2 years ago
Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risks as tradition finance and needs “strong guardrai...
Cryptocoins News / CoinJournal - 2 years ago
The US Treasury wants to see a little more close cooperation between various global regulators on the topic of cryptocurrency regulation.
The department, whose commentary on the need for international coordination was made in a Fact Sheet released o...
Bitcoin News / Bitcoinist - 2 years ago
Per a press release from the U.S. Treasury, crypto and digital assets should have equal international regulations. The government agency published a “Framework for International Engagement on Digital Assets” following an executive order (EO) from U.S...
by COINS NEWS - 2 years ago
Government regulation pros & cons and related info are in the collapsed comments below. Pros and cons will change for every new post. Submit a pro/con argument in the Cointest and potentially win Moons. Moon prizes by award for the General Conce...