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CATO Institute: CBDC the ‘Single Largest Assault to Financial Privacy Since Creation of Bank Secrecy Act’

9.4.2023
A central bank digital currency (CBDC) may turn out to be the “single largest assault to financial privacy since the creation of the Bank Secrecy Act,” a policy analysis document released by CATO Institute has said. To stop the U.S. Federal Reserve and Treasury from threatening...

Thanks Sam! How FTX Led to World’s Worst Crypto Policy

7.4.2023
Washington’s “war in crypto” continues to occupy minds in the crypto industry. This week, CoinDesk Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge

The Crypto Industry Needs to Fix Itself Before It Can Progress

3.4.2023

Global Blockchain Congress – European edition by Agora Group on July 24 & 25 in London, UK

3.4.2023
Agora is proud to announce the expansion of our Global Blockchain Congress to Europe on July 24 and 25, 2023, in London. ‍The Global Blockchain Congress is an international event with editions in Dubai, Hanoi, Doha, and London. The Global Blockchain Congress – European Edition leverages...

FTX’s Bankman-Fried Is Allegedly Using Alameda Funds to Pay for Legal Defense

30.3.2023
According to two sources close to FTX, Sam Bankman-Fried, the disgraced co-founder, gave his father, Stanford Law professor Joseph Bankman, millions of dollars. The funds are reportedly being used to pay for legal costs. The sources said that Bankman-Fried allegedly gave “at least...

FDIC plans to return $4B in Signature crypto deposits 'by early next week' — Martin Gruenberg

29.3.2023
The Treasury Department's Under Secretary for Domestic Finance Nellie Liang said at the same hearing she didn’t believe crypto “played a direct role” in the failure of the banks

Congress Finds Time To Yell At Sony On Microsoft's Behalf

29.3.2023
There are so many issues that Congress could be focusing on right now. Banking regulations following SVB’s collapse, for example. Or helping Americans who struggle with basic living expenses. Maybe they could be working on a long-overdue fix of our broken healthcare system. Instead, they’re very...

SEC chief Gary Gensler to face Congress grilling over crypto policy

29.3.2023
FSC chief noted that their primary focus would be setting the groundwork for crypto regulations in the U.S

Former CFTC Chair Giancarlo: A Privacy-Protecting U.S. CBDC Could ‘Take Over the World’

27.3.2023
If the U.S. were to design a digital dollar that protects the privacy of its users and is free of surveillance tools, it could reach mass adoption, the Digital Dollar Project co-founder said

Ted Cruz and Ron DeSantis take on the ‘digital dollar’: Law Decoded, March 20–27

27.3.2023
Two lawmakers in one week weighed in against the possibility of a United States central bank digital currency

Treasury Secretary Yellen Holds Unscheduled Meeting With Top Financial Regulators Amid Turmoil in Banking Sector

24.3.2023
U.S. Treasury secretary Janet Yellen initiated an unscheduled Financial Stability Oversight Council (FSOC) meeting with the country’s top financial regulators on Friday amid issues plaguing the U.S. banking sector. Banking stocks and all four U.S. benchmark indexes fell again on Friday as...

Bill by US Congress proposes Bitcoin mining helps in economic growth

24.3.2023
Pete Sessions has introduced a legislature saying how the Bitcoin mining process helps the state achieve energy goals while driving economic growth. Specifically speaking, the legislation talks about Proof of Work having the potential and could be very important for mining Bitcoin as a mainstream...

US Senator Introduces Bill to Ban Direct-to-Consumer Central Bank Digital Currency

23.3.2023
U.S. Senator Ted Cruz has introduced “legislation to prohibit the Federal Reserve from developing a direct-to-consumer” central bank digital currency (CBDC). The lawmaker warned that it “could be used as a financial surveillance tool by the federal government.” Another...

US lawmakers reiterate concerns about 'sham' crypto firm audits to PCAOB

22.3.2023
Two U.S. senators cited the collapse of FTX when writing to the PCAOB chair Erica Williams in January, but now suggest improper auditing could have affected three banks as well

The 11th Global Blockchain Congress by Agora Group took place on March 6th & 7th at Sofitel Dubai The Obelisk

22.3.2023
The 11th edition of the prominent Global Blockchain Congress by Agora Group that took place on March 6th & 7th, 2023, at Sofitel Dubai The Obelisk, UAE, was a huge success. This edition’s main theme was: Resiliency and Adaptability, which brought an A-list speaker, some of the industry’s...