Trump team weighs options to eliminate key financial oversight regulator

2024-12-14 18:35

Potential regulatory restructuring could lead to reduced oversight, impacting financial stability and increasing risks in banking and crypto sectors. The post Trump team weighs options to eliminate key financial oversight regulator appeared first on Crypto Briefing. origin »

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oversight financial regulator crypto options team weighs

Источник: cryptobriefing.com

oversight financial → Результатов: 126


Urgent Stablecoin Regulation Needed, Global Financial Watchdog Says

In a bid to navigate the complex landscape of stablecoin regulation, the Bank for International Settlements (BIS) has sounded the alarm for urgent global oversight. The latest report from the BIS underscores the pressing need for a unified regulatory framework to address the significant regulatory fragmentation hindering the widespread adoption of stablecoins. Related Reading: Shiba […]

2024-4-11 11:00


Crypto In The Spotlight: Estonia Greenlights Regulation Bill

Estonia, a nation long known for its embrace of digital innovation, is revamping its cryptocurrency regulations to create a more robust and transparent market. The Estonian government recently approved a bill that will significantly increase oversight of cryptocurrency service providers, bringing them under the stricter purview of the Financial Supervision Authority (FSA). This shift marks […]

2024-3-22 11:43


How US Treasury’s Proposed Controls Could Impact Crypto Mixers

The US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) has escalated its crackdown on crypto mixers, labeling them as critical hubs for illicit financial activities.  In a move to intensify oversight of digital currency transactions, the agency unveiled a Notice of Proposed Rule Making (NPRM) over the weekend, singling out crypto transaction mixing as a […]

2023-10-23 19:00


Rep. Maxine Waters criticizes PayPal’s stablecoin, demands regulation on par with financial institutions

Democratic U. S. Congresswoman and House Financial Services Committee Ranking Member Maxine Waters criticized PayPal’s stablecoin on Aug. 9. Waters said in a statement: “I am deeply concerned that PayPal has chosen to launch its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets.

2023-8-10 04:00


Crypto Oversight: G20 Recommends Regulating Digital Assets, Stablecoins

The G20 nations have witnessed a significant development in global regulation for cryptocurrencies. On Monday, the Financial Stability Board, an international body supported by the Bank for International Settlements and consisting of representatives from all G20 economies, unveiled a comprehensive regulatory framework, marking a noteworthy milestone in the regulation of cryptocurrencies worldwide. Although lacking formal […]

2023-7-18 16:20


Financial Stability Board releases framework for global crypto-asset regulation

The Financial Stability Board, an international body that monitors and makes recommendations about the global financial system, has finalized its global regulatory framework for crypto-asset activities and published several “high-level” recommendations for the regulation, supervision, and oversight of the crypto industry and markets.

2023-7-18 23:25


Bitcoin Not A Security, NYC Mayor Maintains, Following Disclosure Backlash

Bitcoin has become an integral part of New York City Mayor Eric Adams’ financial strategy, as he boldly embraced the cryptocurrency and positioned the city as a thriving hub for the industry. However, an unfortunate oversight occurred when Adams mistakenly failed to disclose a certain aspect of his involvement with Bitcoin, a misstep that stemmed […]

2023-7-15 12:53


Recent cryptocurrency legislation aims to combat illicit activities and widespread fraudulent practices throughout the United States.

New York’s attorney general, Letitia James, unveiled a comprehensive bill on Friday aimed at putting an end to rampant fraud and dysfunction within the cryptocurrency industry. This move is expected to draw national attention to the multi-billion dollar crypto market, which has so far operated with minimal federal oversight, leading to significant financial losses for […] Сообщение Recent cryptocurrency legislation aims to combat illicit activities and widespread fraudulent practices throughout the United States. появились сначала на Coinstelegram.

2023-5-7 19:30


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