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Nalezeno "AI Policy": 6511

Regulators Should Pay Attention to UST

12.5.2022
Over the weekend, algorithmic stablecoin TerraUSD (UST) broke its peg. It broke it again on Monday, and has yet to recover. Regulators may have to take a closer look at this particular model of stablecoin

'Failure Should Be an Option,' Senator Pat Toomey Says of UST Turmoil

11.5.2022
Sen. Pat Toomey, the Banking Committee’s top Republican, doesn’t want asset-backed stablecoins tarnished by the UST drama

Grayscale Had ‘Productive’ Meeting With SEC on Bitcoin ETF Conversion

11.5.2022
To date, the SEC has approved several futures-based Bitcoin ETF products, but has delayed or outright rejected all spot Bitcoin ETF applications

EU Commission Favors Ban on Large-Scale Stablecoins, Document Shows

11.5.2022
The tough approach could see rivals to fiat currency outlawed in the bloc

UST Meltdown Hasn't Spurred US Financial Stability Council Meeting: Sources

11.5.2022
As one of crypto world’s major stablecoins – TerraUSD (UST) – slid toward disaster this week, it hasn’t triggered any meetings of U.S. government officials. Despite the recent federal stance that stablecoins could pose a rising threat to the U.S. financial system, the Financial Stability Oversight...

FASB to Review Accounting Rules for Digital Assets Held on Balance Sheets: Report

11.5.2022
A clearer framework for how companies might account for crypto might pave the way greater adoption

5 US States Issue Emergency Orders to Shut Down Metaverse Casino With Alleged Russian Ties

11.5.2022
Regulators in five U.S. states issued emergency orders on Wednesday requiring a metaverse casino with alleged Russian ties to immediately halt the sale of its non-fungible tokens (NFTs), citing fraud, deceit and registration violations

Moneda digital de Chile debería también funcionar sin conexión, según presidenta del banco central

11.5.2022
Los principios de diseño se darán a conocer a finales de esta semana, aunque no se ha tomado una decisión final sobre la moneda digital

Germany Publishes First Nationwide Tax Guide for Crypto

11.5.2022
The finance ministry letter deals with the income tax treatment of mining, staking, lending, hard forks and airdrops

Global Financial Stability Watchdog FSB Says It Could Write Crypto Rulebook

11.5.2022
The Basel-based FSB joins tax and money-laundering bodies in responding to calls for coordinated action

Environmental Groups Call on US Government to Implement Stringent Bitcoin Mining Regulations

10.5.2022
Local and national activists are banding to limit what they consider are the industry's adverse effects on the environment

Can You Really Build a ‘Crypto Empire’ in the Empire State?

10.5.2022
Can you really build a crypto empire in New York? New York City Mayor Eric Adams wants to lure crypto companies to the Big Apple – but there are a host of obstacles in his way

EU Ban on Tax-Haven Crypto Firms Could Breach Trade Law, Commission Warns

10.5.2022
Lawmaker proposals to blacklist non-compliant firms are getting a rough ride as the landmark crypto legislation reaches its final stages

UST Woes Draw Spotlight in Janet Yellen's Senate Hearing on Financial Risks

10.5.2022
U.S. Treasury Secretary Janet Yellen focused on the ongoing distress of stablecoin UST during testimony before a U.S. Senate panel on Tuesday, just hours after the purportedly dollar-pegged token plummeted to a low of $0.65 and at least one platform halted trading