Tether (USDT) and Facebook-Backed Diem Discussed at the Yellen Closed-Door Meeting

Tether (USDT) and Facebook-Backed Diem Discussed at the Yellen Closed-Door Meeting
ôîòî ïîêàçàíî ñ : btcmanager.com

2021-7-29 15:00

Tether and Facebook-backed Diem were the primary topics in the U.S. meeting of regulators recently. According to reports, the meeting was held to address the financial risks posed by stablecoins.  More Details About The Concern The President’s Working Group on Financial Markets and a team of watchdogs led by Janet Yellen raised their concerns, citingRead More

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US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said […]

2021-7-17 18:30


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Market Bloodbath Continues as Chinese Government Mulls Banning Bitcoin Mining Activities

The Chinese government has doubled down on its anti-cryptocurrency regulations. Recent reports reveal that government officials called for a crackdown on bitcoin trading and mining activities. Another China FUD? In a meeting held on Friday (May 21, 2021), the Financial Stability and Development Committee of the State Council, headed by Liu He, vice Premier ofRead More

2021-5-22 01:00


Bitcoin Is ‘Mainstream Instead of Fringe Investment’ – Charles Schwab VP

Frederick is the Vice President of Trading and Derivatives at the Schwab Center for Financial Research. He appeared on a Yahoo Finance segment on Wednesday, December 16. Apart from some standard questions surrounding equities and the ongoing Federal Open Market Committee meeting, Frederick couldn’t escape a take on the current BTC rally.

2020-12-17 23:03


G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation

Financial leaders of the world’s seven biggest economies oppose the launch of Facebook’s Libra stablecoin until it is regulated, as per a G7 statement draft. Digital payments can improve access to financial services and cut costs and inefficiencies, says the draft prepared for a meeting of finance ministers and central banks of the United States, […] The post G7 Leaders Don’t Want Any Stablecoin, Including Facebook’s Libra to Launch Without Regulation first appeared on BitcoinExchangeGuide.

2020-10-13 15:42


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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


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Chinese Regulators Question 8 Crypto Companies in Shenzhen

Authorities in Shenzhen have started pressuring crypto businesses operating in China’s tech capital. Eight companies, two suspected operators of trading platforms, and six entities allegedly associated with coin offerings, have been placed under inquiry, Chinese media revealed, with authorities reportedly questioning their representatives at a meeting hosted by Shenzhen Financial Regulatory Bureau.

2019-12-21 23:00


China’s Digital Yuan Could Disrupt The Global Financial System According to Simulation

A stimulated wargame held by previously high-ranking officials in the United States government has revealed what could be a North Korean missile takeover through China’s digital currency. The meeting held at Harvard Kennedy School projected a few years into the crypto space and highlighted the looming danger on the dollar’s dominance. The attendees stimulated a […]

2019-11-21 18:42


China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain

The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday.  Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […]

2019-11-22 09:00


Why is the UK thinking of banning crypto derivatives?

Britain’s foremost financial watchdog, the Financial Conduct Authority, is contemplating a blanket-ban on cryptocurrency derivatives for retail traders as early as 2020, The Economist reported. The meeting comes on the heels of a statement released in early July by the FCA proposing a ban on crypto derivatives—high-risk assets where “retail consumers might suffer harm from […] The post Why is the UK thinking of banning crypto derivatives? appeared first on CryptoSlate.

2019-10-4 12:02


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PayPal may be getting cold feet over Facebook’s ‘cryptocurrency’ Libra

Facebook’s ‘cryptocurrency’ Libra is reportedly on the verge of losing another one of its partners after Paypal pulled out of a key meeting in Washington on Thursday. According to the Financial Times, all 28 supporters of Facebook’s digital currency project were set to meet and discuss the ways in which Libra could overcome scrutiny from regulators.

2019-10-4 11:10


Marcus Defends Libra Cryptocurrency in Latest Bid to Woo Central Banks

Facebook executive David Marcus defended the Libra cryptocurrency ahead of his meeting with the representatives of global bankers in Basel on Monday. The co-creator said Libra is not going to challenge or undermine the sovereignty enjoyed by nations, adding that the cryptocurrency merely wants to become a “better payment network” and deliver meaningful financial services.

2019-9-16 18:00


FATF Meets To Finalize Common Cryptocurrency Guidelines For G-20 Nations

The FATF Meet To Finalize The Common Crypto Guidelines For G-20 Nations The Financial Action Task Force (FATF) has finally kicked off the meeting to finalize the final draft of the global crypto regulation guidebook, which the participating G-20 nations have assured to implement in their system. Some of the recommendations put forward by the […]

2019-6-19 19:30


Policymakers Meet to Finalize Global Crypto Guidance – A Look at Standards G20 Supports

The Financial Action Task Force has kicked off its meeting to discuss global cryptocurrency regulations which the G20 countries have committed to follow. Meanwhile, the crypto industry has raised concerns regarding some recommendations, and a meeting has been set up to coincide with the G20 summit to influence policymakers.

2019-6-18 07:05


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Lutnick’s Cantor wants to use Tether to support a $2 billion Bitcoin lending program

Funding for Cantor’s program will start at $2 billion, but could reach tens of billions of dollars Cantor has a 5% ownership interest in Tether, valued as much as $600 million Howard Lutnick is to step down as Cantor’s CEO when his position as US Commerce Secretary is confirmed by the US Senate Cantor Fitzgerald […] The post Lutnick’s Cantor wants to use Tether to support a $2 billion Bitcoin lending program appeared first on CoinJournal.

USDT Netflow Hits Record $1.8B, Fuels Crypto Market Surge

The crypto market is witnessing a surge in buying power as USDT netflow hits an unprecedented $1. 8 billion. This influx of stablecoins typically signals increased market activity and often drives demand for Bitcoin and other cryptocurrencies.