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IMF Chief Calls for Clear Crypto Regulation — Warns High Crypto Adoption Could Undermine Financial Stability
16.12.2023
The head of the International Monetary Fund (IMF) has called for clear crypto regulations worldwide, cautioning that high crypto adoption could undermine macro-financial stability. “Our goal is to make a more efficient, interoperable, and accessible financial system by providing rules...
Financial Regulators Urge Congress to Pass Crypto Legislation in New Report
15.12.2023
The Financial Stability Oversight Council (FSOC) has renewed its calls for Congress to pass crypto legislation, according to their annual report released Thursday. Crypto vulnerabilities addressed FSOC’s latest release reiterates its suggestion from last year’s report demanding greater regulation...
Bank of Korea Governor Calls for Action on CBDCs
15.12.2023
Source: AdobeStock South Korea’s central bank governor Lee Chang-yong is calling for action around central bank digital currencies (CBDC) which he says have become imperative and there is an urgency that can no longer be postponed. The Bank of Korea has not yet decided whether or not to issue...
Lawmaker Calls for the UK Government to Do More for Blockchain
15.12.2023
Member of Parliament Natalie Elphicke also announced that the parliamentary group she chairs will be hosting industry round tables and a call for evidence
Brazilian Unicorn Nubank to Launch Crypto Withdrawals
13.12.2023
Source: sidneydealmeida/Adobe The Brazilian neobanking unicorn Nubank will begin allowing its customers to make crypto withdrawals from its platform – following a deal that will let them trade USD Coin (USDC). Per Brazil’s Livecoins, the bank has apparently “responded to calls from the Brazilian...
US Senator Calls for Light Crypto Regulation That Doesn’t Kill Innovation and Drive Companies Offshore
9.12.2023
A U.S. senator says Congress needs to regulate the crypto industry “with a light touch that doesn’t kill innovation in the U.S.” Noting that crypto “has the potential to disrupt much of the traditional banking model,” he stressed that crypto regulation needs to...
Samourai Wallet Calls out Ocean Pool for Censoring Whirlpool Privacy Transactions
8.12.2023
Samourai, a privacy-focused bitcoin wallet, revealed the changes in the recent Bitcoin Knots software used by Ocean, a Bitcoin mining pool, censor Whirlpool transactions, a kind of coinjoin operation. The wallet explained that Ocean is pursuing a “very slippery slope” by filtering...
Market Analysts Spot Potential in an Under-the-Radar Coin – Is It Undervalued?
1.12.2023
Launchpad XYZ crypto presale gains momentum as LPX token offers incentives for early adopters. Image by Kerem Goktug Kaya, DALL-E 3. Cryptocurrency exchanges have transformed over the years, evolving from basic exchange services to comprehensive financial ecosystems. This evolution reflects...
SEC Calls for Comments on Fidelity’s Spot Ether ETF Application
30.11.2023
The U.S. Securities and Exchange Commission (SEC) is soliciting comments from the public regarding Fidelity’s potential spot Ether exchange-traded fund (ETF). Fidelity’s argument According to a notice filed Thursday, Cboe BZK Exchange is looking to list and trade shares of Fidelity’s Ethereum...
US Deputy Treasury Secretary calls for additional tools to sanction crypto firms
29.11.2023
Wally Adeyemo cited a recent settlement with crypto exchange Binance and sanctions against crypto mixer Sinbad in calling for an expansion of the U.S. Treasury’s authority
Cosmos Founder Calls For Chain Split, ATOM Down 3%
27.11.2023
Cosmos' founder Jae Kwon urged his followers to split the chain into two following a decision by the community to approve a reduction in ATOM's inflation to 10% from 14%
California governor calls for statewide generative AI training
26.11.2023
In a recent report, California Governor Gavin Newsom emphasized the significance of preparing for the next generation of skills essential to thrive in the GenAI economy
European Banking Authority Calls for Enhanced Anti-Money Laundering Rules for Crypto Providers – Regulation Incoming?
24.11.2023
Source: AdobeStock / rarrarorro The European Banking Authority (EBA) aims to update the Anti-Money Laundering and Combatting the Financing of Terrorism (AML/CFT) rules for crypto providers. In a consultation paper released on November 24, the banking regulator of the European Union acknowledged...
Congressman Calls for Gensler’s Removal After SEC Sues a Crypto Exchange Twice in 10 Months
23.11.2023
A U.S. lawmaker has urged Congress to pass his bill that would fire U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler. This call followed the securities regulator filing a second lawsuit against crypto exchange Kraken this year after the exchange paid $30 million to settle...
JPMorgan Says Binance’s Record $4.3B Settlement Removes ‘Systemic Risk,’ Calls It ‘Positive’
22.11.2023
JPMorgan calls Binance’s costly settlement with U.S. regulators a positive development for crypto. Image by HTGanzo, Adobe Stock. Crypto exchange Binance’s $4.3 billion settlement with U.S. authorities marks a positive development for the company and the broader cryptocurrency sector...
Coin Center Criticizes Bank Secrecy Act, Demands Regulation
17.11.2023
Coin Center, the leading non-profit dedicated to research surrounding cryptocurrencies, calls the Bank Secrecy Act too “broad” for its own good, according to their most recent report. “Riddled with sweeping powers and expansive terms” Published earlier this month, the report (appropriately titled...
Ethereum Technical Analysis: ETH’s Bullish Streak Meets Oscillator Caution
13.11.2023
Ethereum’s price action remains in the spotlight as it navigates above the $2,000 threshold, with key indicators suggesting a mix of neutrality and bullish signals. The digital currency’s recent upsurge reflects a growing bullish consensus among investors, despite some calls...
Chinese president calls for unity on AI challenges and cyber development
9.11.2023
Xi Jinping addressed the World Internet Conference Summit saying there is a need to “deepen” exchanges and cooperation on an international level on AI challenges and cyberspace development
Ben 'Bitboy' Armstrong Calls Himself a Victim in Latest Court Filing
7.11.2023
The infleuncer formerly known as Bitboy has filed a lawsuit against several executives at his former employer alleging threats and coercion, and is asking for his Lamborghini back
SEC Commissioner Mark Uyeda Calls for Regulatory Rules on Crypto
6.11.2023
The US Securities and Exchange Commission (SEC) has tried regulating the crypto space through enforcement actions in the last three years. In the opinion of the agency’s commissioner, Mark Uyeda, this shortsighted approach makes it harder to bring much-needed clarity to the nascent industry....