FTX's Failure Highlights Need for Federally Mandated Insurance, Not More Regulation

2023-1-18 01:16

There is extensive precedent for requiring companies providing critical infrastructure to get special insurance. Why not require crypto companies to back themselves with a market-based solution, say the founders of Evertas, a crypto insurance provider? origin »

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insurance crypto companies back themselves require special

Источник: coindesk.com

insurance crypto → Результатов: 126


Major US Crypto Exchange Obtains Insurance, Will it Have Positive Effect on the Industry?

This week, major US-based crypto exchange Gemini obtained insurance coverage from a consortium of leading insurance providers led by Aon, a multi-billion dollar insurance giant based in London. Yusuf Hussain, Gemini’s Head of Risk, emphasized the importance of providing sufficient consumer protection to assure that investors on the platform can freely trade cryptocurrencies without the […] The post Major US Crypto Exchange Obtains Insurance, Will it Have Positive Effect on the Industry? appeared first on CryptoSlate.

2018-10-6 20:00


Фото:

U.K. Banks Warned to Be Careful With Cryptocurrencies

The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.

2018-6-29 18:17


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Sheila Bair, former chairperson of the Federal Deposit Insurance Corporation, is open to new rules for digital currency

Sheila Bair, a former chairperson of the Federal Deposit Insurance Corporation (FDIC), believes the U.S. should create a wholly new regulatory framework for cryptocurrencies. She went on to explain: “We are trying to jam crypto trading into state money transmission laws, it just doesn’t work. I think at some point, we will need a federal

2018-6-22 02:29


Фото:

On Radical Markets

Recently I had the fortune to have received an advance copy of Eric Posner and Glen Weyl’s new book, Radical Markets, which could be best described as an interesting new way of looking at the subject that is sometimes called “political economy” - tackling the big questions of how markets and politics and society intersect.

2018-7-21 04:03


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