2024-10-15 17:26 |
India’s central bank governor has warned of financial risks linked to AI dominance in finance, echoing concerns from global financial authorities. origin »
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Deputy Governor for Financial Stability at the Bank of England Jon Cunliffe addressed the “Crypto Winter”, financial risk in the sector, and regulation. Speaking at an event at the British High Commissioner’s Residence in Singapore, Cunliffe shared four lessons pull out of this sector.
2022-7-13 01:00 | |
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The governor of the central bank of Indonesia believes that cryptocurrencies have the potential to pose systemic risks, but can improve financial inclusion. The post Bank Indonesia Governor Embraces Crypto and Talks up CBDC appeared first on BeInCrypto.
2022-7-13 22:00 | |
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India’s central bank governor has once again given the thumbs down to cryptocurrencies and called them a danger. In the foreword to the Reserve Bank of India’s (RBI) 25th Financial Stability Report (FSR), RBI Governor Shaktikanta Das called for a drastic approach by national authorities to deal with the growing threat from the digital assets […]
2022-7-11 19:33 | |
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Jon Cunliffe, Deputy Governor of Bank of England (BoE) for Financial Stability, posits an imminent emergence of institutional investors with the commercial might of e-commerce giants Amazon and eBay from the rumbles of the current crypto collapse.
2022-6-29 16:31 | |
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Speaking at the Point Zero Forum in Zurich, the Bank of England (BoE) Deputy Governor for Financial Stability Jon Cunliffe said that the current crypto market reminded him of the early days of the internet.
2022-6-24 16:00 | |
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The governor of Louisiana has signed a bill that will permit financial institutions to offer crypto custody services. The post Louisiana State Governor Signs off on Crypto Custody Bill appeared first on BeInCrypto.
2022-6-23 13:30 | |
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Cryptocurrencies can be used in cross-border or international payments only if they don’t get into Russia’s domestic financial system, the Bank of Russia governor said.
2022-6-17 16:03 | |
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California Governor Gavin Newsom has signed an executive order on cryptocurrencies to create a comprehensive regulatory framework for the industry. The order will see the Governor’s Office of Business and Economic Development work with other departments like the Department of Financial Protection and Innovation and California’s Business, Consumer Services, and Housing Agency to develop an […] The post California set to create comprehensive crypto regulatory framework as Governor signs Executive Order appeared first on CryptoSlate.
2022-5-6 08:30 | |
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Ripple co-founder Chris Larsen has praised California’s effort to update U.S. financial regulations
2022-5-5 23:05 | |
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The order will begin creating a regulatory framework for blockchain technologies and crypto financial assets.
2022-5-5 20:19 | |
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The Governor of the Bank of Canada (BoC) has reiterated the place of the Canadian dollar, aka loonie, in the country's financial system. Tiff Macklem's statement responds to the recent vocal support that leading conservative party PM candidate Pierre Poilievre has given the nascent market as part of his campaign.
2022-4-27 00:27 | |
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Financial regulators in Hawaii have introduced a regulatory sandbox for cryptocurrency businesses in the State as a way of developing clear-cut laws for the emerging digital economy. Two-Year Sandbox for Cryptocurrency Firms in Hawaii Hawaii’s governor’s office released a press statement on Tuesday (March 17, 2020) announcing the creation of the regulatory sandbox for cryptocurrencyRead MoreRead More.
2020-3-20 22:00 | |
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The Bank of England's Deputy Governor of Financial Stability discussed Central Bank Digital Currencies (CBDC), stablecoins and cryptocurrencies. Delivering the speech was Sir Jon Cunliffe at the London School of Economics.
2020-3-4 19:30 | |
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New York’s governor Andrew Cuomo wants the Department of Financial Services (NYDFS) to have more power when it comes to regulating licensed entities, cryptocurrency startups included. Presenting his “state of the state” plan for 2020 on Wednesday, he published 321 pages of proposals that include a new perspective on existing exemptions some consumer financial services […]
2020-1-9 21:19 | |
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New York Governor Andrew Cuomo argues that crypto entities licensed under the Financial Services Law should pay for NYDFS oversight
2020-1-10 20:43 | |
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Andrew Cuomo wants to give the Department of Financial Services more powers in regulating certain licensed entities, including crypto startups.
2020-1-9 12:00 | |
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Cryptocurrency enthusiast and Billionaire tech entrepreneur Mark Cuban has launched a daunting attack on the new cryptocurrency project by Facebook called Libra, stating that he is not a fan of the new coin, basically because it could be very dangerous to both the traditional financial sector and the cryptocurrency community at large. Libra is a […]
2019-7-12 20:16 | |
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Saddled with the task of governing more than a thousand different financial institutions, the Department of Financial Service will now have a new superintendent. Linda Lacewell, the new overseer, was confirmed by the Senate in the state of New York.
2019-6-22 00:49 | |
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France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today.
2019-6-21 18:28 | |
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Ever since Facebook, (the tech giant that taught the world how not to do privacy), unveiled Libra, it has amassed both positive and negative sentiment of both regulators and financial players across the globe.
2019-6-21 14:15 | |
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Mark Carney, the governor of the Bank of England. , recently told the Financial Times that he is open-minded regarding the Libra token from Facebook. He, however, warned that mass adoption of the new token would subject it to serve regulation by relevant financial oversight authorities.
2019-6-20 17:29 | |
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Korea’s Ex Financial Regulator Deputy Head Set To Head Blockchain Association Oh Gap-soo, who served as a former deputy governor of the Financial Supervisory Service (FSS) is set to become the next head of Korea Blockchain Association after being nominated for the position.
2019-6-14 00:07 | |
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The former deputy governor of South Korea’s financial regulator, the Financial Supervisory Service, has been nominated to lead the Korea Blockchain Association
2019-6-14 13:55 | |
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By CCN: Deutsche Bundesbank president Jens Weidmann has added a dampener to discussions on central bank digital currencies (CBDC), claiming they would destabilize financial systems and worsen bank runs.
2019-6-9 13:15 | |
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The deputy governor of the Bank of England, Dave Ramsden, has said that the crypto market is too volatile… The post English Bank Governor Speaks About Small Size Of The Crypto Market Not Being a Threat To Financial Stability appeared first on Invest In Blockchain.
2019-5-1 10:48 | |
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By CCN: Dave Ramsden, deputy governor for markets and banking at the Bank of England, said in an interview with CNBC that crypto assets like bitcoin are too volatile to be a store of value and they do not meet the principles of currency.
2019-5-1 03:00 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
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Davos may be an event centered around the realm of traditional finance, but crypto & blockchain technologies have been mentioned. In a recent interview with Bloomberg TV, Huw Van Steenis, senior advisor to Bank of England’s governor, Mark Carney, bashed this nascent asset class.
2019-1-23 05:00 | |
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In an interview at the World Economic Forum in Davos earlier, the senior adviser to the governor of the Bank of England weighed in about the threat posed to the current financial status quo by Bitcoin and other cryptocurrencies.
2019-1-23 00:00 | |
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Huw van Steenis, the senior advisor to Bank of England (BOE) Governor Mark Carney believes that cryptocurrencies “fail fundamental tests” to compete with the traditional financial market institutions, reports Bloomberg on January 21, 2019.
2019-1-23 22:00 | |
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CoinSpeaker Davos 2019: Crypto is Not a Threat to Traditional Banks, Believe Bank of England’s Officials According to Huw van Steenis, senior adviser to Bank of England Governor Mark Carney, cryptos have no value and fail fundamental tests of financial services.
2019-1-22 12:33 | |
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Huw van Steenis, senior adviser to the Governor of the Bank of England, says that cryptocurrencies fail fundamental financial tests and are slow
2019-1-22 01:28 | |
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The emerging cryptocurrency sector – still fighting for worldwide approval from regulators, politicians, and financiers – got a mild kick in the back when Huw van Steenis, senior adviser to Mark Carney, the governor of the Bank of England (BoE) said cryptocurrencies fail fundamental tests of financial services.
2019-1-21 20:04 | |
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Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same rhetoric used with regard to initial coin offerings (ICOs) in describing STOs, accusing security token offerings of comprising “illegal financial activity.
2018-12-11 06:50 | |
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The People’s Bank of China (PBoC), the country’s central bank, has officially banned security token offerings (STO) in a continuation of its restrictive legislation governing digital currencies.
2018-12-10 15:00 | |
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The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings) were […]
2018-12-10 09:29 | |
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The People’s Bank of China (PBoC), the country’s central bank, highlighted the illegality of Security Token Offerings (STOs) in the country, South China Morning Post reported on December 9. Pan Gongsheng, a deputy governor of China’s central bank, told a summit in Beijing “that ‘illegal’ financing activities through STOs and ICOs (Initial Coin Offerings) were […]
2018-12-10 09:29 | |
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China’s Central Bank, the People’s Bank of China, reported to the South China Morning Post its decision concerning security token offerings, noting that they are illegal in the country. The bank’s deputy governor Pan Gongsheng appeared at a summit in Beijing and there, he discussed the “illegal” financing activities that have been effectuate with STOs […]
2018-12-10 06:11 | |
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Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future Councils.
2018-11-12 04:00 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-5 22:04 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-7 22:04 | |
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The deputy governor of the Bank of Japan, Masoyoshi Amamiya, has recently revealed how the banks view cryptos during a lecture meeting at the Japan Society of Monetary Economics. The banker has affirmed that it is debatable whether cryptos have any serious merit to improve the existing financial system. According to it, he does not […]
2018-10-24 07:04 | |
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The Financial Stability Board (FSB), the international body that monitors the global financial system, published a report on October 10, 2018, titled “Crypto-asset markets: Potential channels for future financial stability implications.
2018-10-13 21:00 | |
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In recent regulatory news, Malta’s financial regulator has sought to clarify the nation’s cryptocurrency regulations following the passing of an act pertaining to crypto assets, UK-based wealth managers have called for the FCA to take a strong stance regarding cryptocurrencies, and the deputy governor of Bank of Israel has predicted that cryptocurrencies will contribute to […] The post Regulations Round-Up: Malta Clarifies Law, UK Wealth Managers Urge FCA Action appeared first on Bitcoin News.
2018-7-25 02:05 | |
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Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector.
2018-7-19 15:00 | |
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Economy & Regulation The governor of the Reserve Bank of Zimbabwe has made several statements about cryptocurrencies that attest to insufficient knowledge of the matter. The major financial institution of the inflation-ridden African country considers blockchain a “new developing global innovation” and is willing to embrace it, according to its governor, John Mangudya. John Mangudya
2018-7-5 20:59 | |
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The governor of the Reserve Bank of Zimbabwe has made several statements about cryptocurrencies that attest to insufficient knowledge of the matter. The central bank, which recently banned financial institutions from working with crypto companies, now wants to study and embrace the blockchain technology that “encompasses all the cryptocurrencies.
2018-7-5 18:20 | |
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