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Fed Chair Powell: We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off
24.6.2022
Federal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a better crypto regulatory framework. Fed Chair Powell Says Crypto Needs Better...
US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach
23.6.2022
Michael Hsu, chief of the Office of the Comptroller of the Currency (OCC), said the recent fireworks in the crypto industry have further cemented his resistance to allowing lenders unfettered exposure to the digital assets markets
Stablecoins Could Still Dominate Post-Terra, S&P Says
23.6.2022
Not all stablecoins are alike, analysts note – but regulations may be needed to compel audits and investor fairness
Gold-Backed Stablecoin Can Help Russia Circumvent Sanctions, Government-Owned Bank Suggests
23.6.2022
Researchers at Russian bank VEB suggested the country issues a gold-backed stablecoin for international payments to evade sanctions
Brussels’ Fledgling Crypto Industry Flexes Its Muscles
23.6.2022
The city that hosts the EU also wants to influence it, with key decisions upcoming on the regulation of NFTs and DeFi
Singapore Will Crack Down on Bad Crypto Behavior: Report
23.6.2022
Singapore will be “brutal and unrelentingly hard” on bad behavior in the crypto industry Sopnendu Mohanty, chief fintech officer at the Monetary Authority of Singapore, said
Hester Peirce critiques SEC agenda – more wrong than just crypto policy
23.6.2022
Peirce has called for regulatory clarity around certain issues relating to crypto as part of the SEC Spring 2022 Regulatory Agenda, which was released on Wednesday
India Clarifies Rules for Controversial Tax Provision Ahead of Start Date
22.6.2022
An Indian government notification from the tax authorities has clarified key procedural elements of compliance to the new and controversial tax provision, 1% tax deducted at source (TDS), effective July 1, 2022
Catar está en la “etapa inicial” de una CBDC, dice gobernador del banco central
22.6.2022
El dirigente de la autoridad monetaria elogió la "innovación" de los criptoactivos
US Fed Evaluating SEC’s Position on Digital Assets Custody, Powell Says
22.6.2022
The SEC’s directive that customers’ digital assets may need to be treated as being on an exchange’s balance sheet has banking regulators scratching their heads about how it’ll work
Digital Dollar Would Secure Greenback as Global Reserve Currency, Lawmaker Argues
22.6.2022
U.S Rep. Jim Himes (D-Conn.) published a report supporting the introduction of a central bank digital currency on Wednesday
Wechat to Prohibit Accounts From Providing Some NFT and Crypto Services
22.6.2022
Tencent’s Wechat intends to impose penalties on public accounts facilitating secondary trading of NFTs, a press report has revealed. Accounts offering transaction channels and guidance for cryptocurrencies have also been targeted by the new rule. Popular Chinese App to Impose Restrictions...
BoE's Cunliffe Cautions Against 2008 Repeat With FTX's Derivatives Rule Change Proposal
22.6.2022
The Bank of England official is skeptical whether decentralised finance (DeFi) will ever be a thing
Chainalysis Launches 24/7 Hotline for Crypto Crime Victims
22.6.2022
Ransomware actors raked in all-time-high of $731 million in crypto payments in 2021 – and 2022 is on track to be another record year for crypto-enabled cyber crime
Singapore Grants In-Principle Licenses to Crypto.com, Two Others
22.6.2022
The new grants bring the total in-principle crypto licenses awarded to 14
Qatar at 'Foundation Stage' of CBDC Exploration, Central Bank Governor Says
22.6.2022
The Gulf State central banker praised the "innovation" of crypto assets
US Republicans Seek to Counter Effort to Curtail Crypto Mining
21.6.2022
Republican lawmakers in the U.S. are trying to slam the brakes on any hasty decisions the Environmental Protection Agency may consider to address the potential harms from cryptocurrency mining businesses, urging the regulator to study the claims before taking action
Las CBDCs y no las criptomonedas serán clave para el sistema monetario del futuro, según el BIS
21.6.2022
Un capítulo de 42 páginas en el Reporte Económico Anual 2022 del Banco de Pagos Internacionales prevé un futuro en el que la programabilidad y la tokenización se construirán en base a las monedas digitales de los bancos centrales
Crypto Industry Is Still 'Embryonic,' WEF Finance Lead Says
21.6.2022
CoinDesk has written before about the sheer presence crypto had during the World Economic Forum’s annual meeting this past May. This past week, I sat down with Matthew Blake, WEF’s head of the Future of Financial and Monetary Systems, to discuss the role the crypto industry might play in future...
CBDCs, Not Crypto, Will Be Cornerstone of Future Monetary System, BIS Says
21.6.2022