French Financial Regulator Supports Faster Mandatory Licensing for Crypto Firms

2023-1-9 13:37

The Financial Markets Authority joins the country’s central bank and Senate in seeking to anticipate new EU laws.

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Meaning of FTX Fall Depends on One’s Politics, US Senate Hearing Shows

The fallout of the FTX collapse has left U.S. lawmakers spinning two distinct narratives: Democrats hail their financial regulators as heroes whose caution saved the disaster from threatening the wider financial system, and Republicans argue it proves resistant agencies chased crypto firms away from the U.S. and into dangerous, unregulated territory.

2022-11-16 23:51


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California Is Leaving No Stone Unturned To Protect Residents Engaging In Digital Financial Asset Business Activities

The state of California, in the United States (US), plans to streamline the playing field by putting regulations for crypto players in place. The bill introduced by Assemblymember Timothy Grayson, titled “Digital financial asset businesses”, aims to set the regulatory framework for crypto businesses operating in California.

2022-9-6 21:59


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Solstin opposes Lummis’ bill; says Bitcoin should be separate from other digital assets

United States Senate candidate Brian Solstin in a Tweet opposed Senator Cynthia Lummis‘ bill aimed at incorporating digital assets into the United States financial system by arguing that Bitcoin should be considered separately from other digital assets, using a report published by the financial services company  Fidelity Investments to explain why.

2022-6-10 20:15


New York Senate Authorizes NYDFS to 'Assess' Crypto Companies

The New York State Senate is boosting the state’s Department of Financial Services (NYDFS) efforts to oversee the cryptocurrency sector. The Senate passed its fiscal year 2023 budget early Saturday, which included a provision tasking NYDFS with developing a new “assessment” or charge for the cryptocurrency companies it oversees to bring its oversight mandate in virtual currencies in line with how the regulator oversees more traditional banks and financial services firms.

2022-4-10 21:49


Bukele tells U.S Senators El Salvador’s Bitcoin Law is not their concern

President Bukele reacted to a U. S Senate bill on El Salvador’s Bitcoin Law by saying, “stay out of our internal affairs. ” The bill, titled “Accountability for Cryptocurrency in El Salvador (ACES) Act,” calls for the State Department to assess El Salvador’s adoption of Bitcoin with a view to “mitigate potential risks” to the United States financial […] The post Bukele tells U.

2022-2-17 17:30


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Blockchain Australia Submits Crypto Regulatory Recommendations to Parliament

Blockchain Australia, a leading crypto advocacy group, has written to the Australian government stating three key recommendations that it believes would expand the growing blockchain industry. Safe Harbor for Crypto-Asset Providers The crypto organization submitted its recommendation to the country’s Senate Select Committee on Australia as a Technology and Financial Centre on Friday, July 23,Read More

2021-7-26 21:00


London-Based Financial App Threatens To Sue Libra Association Over Its Recent Name Switch to ‘DIEM’

Facebook-led Libra Association, which switched its name to Diem Association, faces a possible lawsuit from a London-based digital finance company bearing the same name. Is it ever going to get better for Facebook-led digital financial project, Diem Association? After a year of legal battles across the world – starting with the Senate hearing, the negative […] The post London-Based Financial App Threatens To Sue Libra Association Over Its Recent Name Switch to ‘DIEM’ first appeared on BitcoinExchangeGuide.

2020-12-8 18:27


Australian Senate Sees Blockchain Technology As The Future Of FinTech And RegTech

Australian Senate releases a report on the impact of blockchain technology on the country’s economy, technology status, and regulation technology. Released earlier this month, the 281-page interim report, “Select Committee on Financial Technology (FinTech) and Regulatory Technology (RegTech)”, focused on innovative technologies, laying out the benefits of implementing blockchain technology across the economy.

2020-9-7 16:40


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Hester Peirce, AKA ‘Crypto Mom,’ Approved for SEC Commissioner Second Term

The United States Senate has approved Securities and Exchange (SEC) Commissioner Hester Peirce for her second term via a voice vote. Peirce will be Commissioner until 2025. Affectionately known in the industry circles as ‘Crypto Mom,’ Hester Peirce has won over cryptocurrency investors for her support of financial innovation.

2020-8-7 10:38


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Central Bank Digital Currency Touted as Solution to US Economic Overhaul

Talk of a US central bank digital currency (CBDC) dominated proceedings, as the US Senate Committee on Banking, Housing, and Urban Affairs conducted a virtual meeting yesterday. The near two-hour-long hearing titled “The Digitization of Money and Payments” discussed competing with China’s CBDC offering, financial inclusion, and modernizing the current US economic model. Taking the […]

2020-7-1 15:13


Mnuchin Tells Congress Tougher Laws Will Be Introduced On Cryptocurrency Payments Soon

During a recent Senate Finance Committee hearing, Steve Mnuchin the U. S. Treasury Secretary called on the FinCEN, a U. S financial regulatory authority, to put in place new cryptocurrencies regulations and guidelines in a bid to reduce the money laundering, illicit trades and activities that cryptocurrencies purportedly enhance.

2020-2-13 21:39


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Financial Analyst: Bitcoin Futures Are A Great Buy At $8,500

Crypto analyst John Kolovos recently told Bloomberg TV that Bitcoin price will drop to $8,500 before sharply rebounding. 4-Digit Bitcoin Price Is A Steal Earlier this week Macro Risk Advisors chief technical analyst John Kolovos spoke with Bloomberg TV about Bitcoin price action and the recent Congressional and Senate hearings over Facebook’s Libra cryptocurrency.

2019-7-20 09:37