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New regulatory bill grants Uruguayan Central Bank control over the nation's crypto industry
13.9.2022
The Uruguayan government introduced legislation to the parliament on Sept. 5, accelerating industry regulation
New finance minister Kwasi Kwarteng leaves crypto policy in the UK unclear
6.9.2022
While serving as the secretary of state for business, energy and industrial strategy, Nadhim Zahawi was part of a department suggesting support for blockchain technology in 2021
What does the Fed’s fight against inflation mean for crypto? Macro analyst explains
5.9.2022
Macro analyst Lyn Alden explains why the Fed's efforts to curb inflation may take longer than expected and how they will impact the crypto markets
CFTC and SEC propose amending reporting rules for large hedge funds on crypto exposure
10.8.2022
The two U.S. financial regulators cited the growth in the hedge fund industry as the reason for the proposed change, due in part to digital asset investments becoming more common
Crypto firms failed to deliver 'promised benefits' from lawmaker-backed incentives, says nonprofit
4.8.2022
“At a minimum, the public should have a say in these crypto handouts," said the Tech Transparency Project
Final candidates for next UK prime minister have made pro-crypto statements
28.7.2022
The Conservative Party is expected to decide between Rishi Sunak and LizaTruss as the next party leader by Sept. 5, at which point Johnson will officially step down
Crypto Council for Innovation hires government insiders to build leadership team
26.7.2022
Linda Jeng and Brett Quick will be joining the council in support of its policy and regulatory affairs team
US Treasury calls for public comment on digital asset policy, following Biden's executive order
12.7.2022
President Joe Biden's executive order on crypto from March directed the Treasury Department to take the lead among other government agencies in developing policy recommendations
China Frozen Bank Account Controversy: Affected Clients Injured During Protests, Nearly $6 Billion Missing
11.7.2022
Some Chinese bank clients, whose accounts were frozen in April, were injured while staging a protest at the Zhengzhou branch offices of the country’s central bank. Reports from local media outlets suggest that as much as $6 billion in client funds is missing and the individual believed to...
IMF recommends eco-friendly CBDCs and non-PoW mechanisms for payments
8.6.2022
In addition to eco-friendly components, the IMF recommended central banks to include other features in the CBDCs, such as compliance, higher resilience and offline capabilities
Recession or Prolonged Inflation: The Fed Must Decide Between Two Policy Mistakes, Says Economist
30.5.2022
Allianz Chief Economic Advisor Mohamed El-Erian says the Federal Reserve will have to “decide between two policy mistakes.” One risks triggering a recession and the other could prolong inflation well into 2023. “I think the time has passed for a soft landing,”...
CFTC commissioner appoints senior policy adviser experienced in digital asset regulation
13.5.2022
Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on digital assets regulation
Erratic Bond Yields, Lockdowns, and War — 3 Reasons Why Economic Recovery Won’t Happen Quickly
10.5.2022
The global economy looks bleak as inflation continues to rise, and a wide array of financial investments continue to shudder in value. Since May 2, 2022, the crypto economy has dropped more than 15% from $1.83 trillion to today’s $1.54 trillion. The price of gold has lost 5% in 30 days,...
Utah Governor approves of blockchain and digital innovation task force
8.5.2022
Some of the primary duties assigned to the task force involve making policy recommendations related to blockchain and related technologies
US Senate confirms Lael Brainard as Fed vice chair
26.4.2022
In a 52-43 vote on the Senate floor on Tuesday, U.S. lawmakers confirmed Lael Brainard to be vice chair of the Federal Reserve System for four years
President Biden announces former Ripple adviser as pick for Fed vice chair for supervision
15.4.2022
The vice chair for supervision seat at the Federal Reserve has been vacant since governor Randal Quarles’ term ended in October 2021
Former US Senator and House member joins Crypto Council for Innovation
7.4.2022
Sheila Warren said the addition of Cory Gardner was based on his experience "to build a stronger economy and support innovation" as well as his commitment to Web3 and crypto
NFT Taskforce Asks Japanese Government to Consider Appointing Web3 Minister
6.4.2022
In a recently released white paper, a Japanese non-fungible token (NFT) taskforce has asked the government to consider appointing a government minister whose job it would be to oversee all matters relating to Web3. Building the Support Structure for Japan’s NFT Sector A Japanese NFT policy...
Crypto tax rules will reduce US budget deficit by $11B over ten years — White House
28.3.2022
The budget from the Biden administration said modernizing tax rules to include digital assets will bring the government $4.9 billion in revenue in 2023
US lawmakers and Fed chair push for crypto regulation in wake of Russia sanctions
2.3.2022
Jerome Powell said that the situation with Russia "underscores the need for really congressional action on digital finance, including cryptocurrencies."