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US Fed vice chair Michael Barr favors hard line on crypto, OCC acting head no friendlier
7.9.2022
Barr, a former Ripple Labs adviser, has taken a rather less favorable view of crypto than he apparently had in the private sector, as he gives his first speech as a Fed official
First Mover Asia: Bitcoin Falls to $19.6K as Investors Continue to Mull Fed Chair's Comments
29.8.2022
Ether and other major altcoins are down
Market Strategist Expects Stock Market to Drop 50% From Here, Says There’s ‘Going to Be No Middle Class Left’
28.8.2022
Following Jerome Powell’s hawkish commentary at the annual Jackson Hole Economic Symposium, major stock indexes, cryptocurrencies, and precious metals slid significantly in value. Over $240 billion was erased from the crypto market and the Crypto Fear and Greed Index continues to slide...
Powell Says Fed’s Battle With Inflation Will Bring ‘Some Pain,’ After Insisting Last Year Elevated Inflation Is ‘Likely to Prove Temporary’
27.8.2022
On Friday, Jerome Powell spoke at the annual Jackson Hole Economic Symposium and the Federal Reserve chair explained that the U.S. central bank is focused on fighting the country’s red-hot inflation. Powell stressed at the event that strict monetary policy is necessary, and his commentary...
Bitcoin, Ethereum Technical Analysis: BTC Nears $20,000, as ETH Hits 1-Month Low
27.8.2022
Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during Friday’s Jackson Hole summit. Powell warned that “there will be some pain ahead,” as the Fed attempts to bring the rate of inflation down. Ethereum...
Bitcoin price taps $21.3K ahead of Fed Chair Powell Jackson Hole speech
26.8.2022
Daily lows greet Bitcoin traders as markets await fresh macro cues from the Fed
Ex-SEC Chair Jay Clayton Joins Crypto Investor Electric Capital as Adviser: Report
24.8.2022
The news continues the trend of regulatory experts embracing the crypto industry
SEC Chairman Says Crypto Should Be Treated Same as Other Capital Markets
24.8.2022
SEC Chairman Gary Gensler says that there is no need to treat the crypto market differently from other capital markets. Noting that “the SEC will serve as the cop on the beat,” Gensler encouraged crypto trading and lending platforms “to come in and talk to SEC staff.”...
Former CFTC Chair: Here's How SEC and CFTC Can Work Together to Regulate Crypto
22.8.2022
The governing committee “might be a way to develop standards for this market,” former CFTC Chairman Timothy Massad said on CoinDesk TV’s “First Mover.”
Market Wrap: Bitcoin Price Falls as Markets Await Fed Chair Powell’s Comments
22.8.2022
Bitcoin (BTC) sold off mildly in Monday trading, declining 0.65% on average trading volume. The largest cryptocurrency by market capitalization rose 3% over the weekend, and has settled in near the $21,000 mark after plunging Friday. Market Wrap is CoinDesk’s daily newsletter diving into what...
ASIC chair troubled by sheer amount of ‘risk-taking’ crypto investors
12.8.2022
Australia's financial services regulator sees the rise in crypto investment during the COVID-19 pandemic as a cause for concern, especially among young and new investors
Michael Saylor will step down as MicroStrategy CEO but will remain executive chair
2.8.2022
The soon-to-be former CEO said splitting the roles of MicroStrategy's chief executive officer and chair would help the firm pursue its strategy of "acquiring and holding Bitcoin."
SEC Chairman Publishes Video Outlining Plan to Regulate Crypto Trading Platforms
30.7.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has published a video explaining how the agency plans to regulate crypto exchanges. “I’ve asked our staff to work directly with the platforms to get them registered and regulated,” the SEC chief...
Ex-CFTC Chair Giancarlo Sees Europe’s MiCA Bill as a Threat to US Crypto Industry
28.7.2022
Former Commodity Futures Trading Commission (CFTC) chief Chris Giancarlo is worried that the E.U.’s fast-moving Markets in Crypto Assets (MiCA) bill could lead to the global export of European-style crypto regulation, negatively impacting U.S. regulators’ ability to effectively create rules...
SEC Criticized for How It Regulates Crypto — Chair Gensler Says Most Crypto Tokens ‘Have Attributes of Securities’
25.7.2022
The U.S. Securities and Exchange Commission (SEC) has been heavily criticized for its approach to regulating the crypto sector. The criticism followed the securities regulator’s action against a former Coinbase employee in an insider trading case, in which the SEC named nine crypto tokens...
US Lawmaker Slams SEC for Not Regulating in Good Faith — ‘Under Chair Gensler, SEC Has Become Power-Hungry’
21.7.2022
A U.S. congressman has slammed the Securities and Exchange Commission (SEC) and Chair Gary Gensler for cracking down on companies outside the SEC’s jurisdiction. The SEC “is not regulating in good faith,” he said, adding that “Under Chair Gensler, the SEC has become...
Gary Gensler Outlines What to Expect From SEC on US Crypto Regulation
18.7.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, has outlined what to expect from the securities watchdog on crypto regulation. “We do have robust authorities from Congress also to use our exemptive authorities that we can tailor investor protection,”...
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...
US Senate confirms Michael Barr as Fed vice chair for supervision
13.7.2022
Michael Barr was on the advisory board of Ripple Labs from 2015 to 2017 and has called on lawmakers to create a regulatory framework on stablecoins to prevent the risk of runs
Fed’s Brainard Calls for Sound Regulation of Crypto Financial System to Be Established ‘Now’
10.7.2022
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnected that it might pose risks to the stability of the broader financial system.”...