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EU Regulator Warns About Crypto — Questions Whether Many Will Survive
14.7.2022
European Securities and Markets Authority (ESMA) Chair Verena Ross says that the crypto market crash should be a “cautionary lesson” for investors. She noted that there is a “real question” about whether many crypto assets will survive. ESMA Chair on Crypto Risks...
ECB Warns That Crypto Risks Could Spill Over Into Wider Economy
24.5.2022
Given the increasing risks of crypto, it is important to bring it into the regulatory perimeter as a matter of urgency, the European Central Bank said in a report
$1.9T wipeout in crypto risks spilling over to stocks, bonds — stablecoin Tether in focus
15.5.2022
The dangers posed by stablecoins to the traditional market cannot be dismissed due to Tether's exposure to the U.S. credit system
IMF: India Is on the Frontline of Digital Currencies — Especially How It Handles Crypto Risks
24.4.2022
International Monetary Fund (IMF) Managing Director Kristalina Georgieva says India is “a country that is on the frontline of digital currencies,” especially “how it handles a reduction of risk from crypto assets for the Indian people and businesses.” She met with Indian...
Law Decoded: Crypto risks, imaginary and real, and creative ways of addressing them, April 4–11
11.4.2022
The Treasury admits there’s not much crypto-aided sanctions evasion going on, stablecoins attract regulatory attention, and a fourth futures-based BTC ETF secures approval
US Labor Dept warns of crypto risks in retirement plans
11.3.2022
“Significant risks” — Cryptocurrencies have attracted the attention of U.S. legislators looking to decrease the exposure to digital assets in 401(k) retirement accounts
Global Charity Organization Launches Crypto-Based Vouchers for Vulnerable Groups in Kenya, Ecuador
14.8.2021
The global charity organization, CARE, has created crypto-based vouchers that will be distributed to women and select groups in Africa and Latin America. According to CARE, these vouchers will be redeemable for goods, services or cash and linked to the needs of recipients. However, in its statement...
Senator Warren Urges Treasury Secretary Yellen to Urgently Adopt Policy to Mitigate Cryptocurrencies’ Risks
28.7.2021
U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to address the risks posed by cryptocurrencies. “The longer that the United States waits to adapt the proper regulatory regime for these assets, the more...
Blockchain security firm CertiK raises $37M to combat DeFi and crypto risks
14.7.2021
The Series B funding round was co-led by Coatue Management and Shunwei Capital, with participation from Coinbase Ventures
Parliament of West Africa Economic Block Cautions Against Use of Cryptocurrencies
11.7.2021
The parliament of the Economic Community of West African States (ECOWAS) has joined the list of African organizations that have cautioned against the use of cryptocurrencies. In its warning to West Africa crypto users, the legislative body insists these digital assets are too volatile and as such...
Kenyan Banks Warn Clients Against Crypto Trading
8.6.2021
A few Kenyan banks have started sending out warning alerts to clients engaged in cryptocurrency trading to be wary of the associated risks. These warnings have reportedly been sent to clients who have “used their credit and debit cards to buy cryptocurrencies on crypto exchanges.”...