Pakistan moves to legalize crypto as government signals shift in financial policy

2024-11-5 12:40

Pakistan moves to legalize crypto as the government proposes amendments to the SBP Act, signaling a shift in its financial policy. According to a report by The Express Tribune, the amendments would allow the SBP to issue digital currency and… origin »

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financial policy amendments pakistan shift sbp legalize

financial policy → Результатов: 126


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Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT

Stablecoin issuers Tether told CryptoSlate in a Feb. 16 statement that it is actively averting the misuse of stablecoin technology by working with global law enforcement agencies. The remarks followed comments by Caroline Hill, Senior Director of Global Policy and Regulatory Strategy at Circle, during a House Financial Services Committee hearing titled ‘Crypto Crime in […] The post Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT appeared first on CryptoSlate.

2024-2-17 17:59


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US banking groups lobby SEC for rule change to enter Bitcoin ETF market

Multiple US banking groups are seeking inclusion in the Bitcoin exchange-traded funds (ETFs) landscape, prompting a request for a rule change to facilitate their participation. In a Feb. 14 letter to SEC Chair Gary Gensler, a coalition comprising the Bank Policy Institute, the American Bankers Association, the Securities Industry and Financial Markets Association, and the […] The post US banking groups lobby SEC for rule change to enter Bitcoin ETF market appeared first on CryptoSlate.

2024-2-17 15:45


UK Financial Policy Committee’s Carolyn Wilkins calls for improved governance, trust in crypto industry

External member of the UK Financial Policy Committee Carolyn Wilkins has argued that the current decentralized finance governance structure is more centralized than it claims to be. The post UK Financial Policy Committee’s Carolyn Wilkins calls for improved governance, trust in crypto industry appeared first on CryptoSlate.

2022-10-20 23:55


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UNCTAD Report Pegs India’s Crypto Adoption at 7.3%, Kicks off Debate about Regulation

A recent UNCTAD policy brief says every seventh person in India held a cryptocurrency in 2021, and the largescale adoption in absence of regulations poses risks of financial instability. Released on August 12, the UNCTAD report sparked a fresh debate about India’s crypto regulation bill that the government planned to bring to parliament at least twice last […]

2022-8-26 00:37


Fed Chair Says, Crypto Is Not A Financial-Stability Concern But An Issue For Those Who Don’t Understand It

On Wednesday, the Federal Reserve announced that it was doubling the pace of its bond-buying tapering and forecasted three rate hikes in 2022. Following the end of the central bank's two-day policy meeting, in a news conference, Fed Chair Jerome Powell also commented on cryptocurrencies, saying he doesn’t view them as a “financial stability concern.

2021-12-16 18:33


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Loading Up On Cryptocurrencies Right Now ‘Doesn’t Make Sense’, Twitter CFO Says As Bitcoin Drops Below $60K

Twitter’s chief financial officer Ned Segal has indicated that putting some of the social media giant’s idle corporate cash into cryptocurrencies such as bitcoin at the moment “doesn’t make sense”. Speaking during an interview on Monday, Segal said Twitter would be forced to change its investment policy in order to hold more volatile assets on […]

2021-11-16 17:30


A Surge in Crypto Prices Reflects An “Increased Risk Appetite,” says Fed in its Monetary Policy Report

For the first time, the Federal Reserve has singled out the surge in cryptocurrency asset prices in its overall assessment of the stability of the financial system. In the brief comment revealed in the Fed’s semi-annual Monetary Policy Report to Congress released on Friday, the central bank said the rise reflected increased risk-taking by investors.

2021-7-12 15:28