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Crypto could ‘crash’ the financial system, US lawmaker warns
Cryptocurrency‘s latest turmoil, coupled with what has happened in recent months, paints a picture of an ecosystem that could distabilise the global financial system, Senate Banking Committee Chair Sherrod Brown has said. дальше »
2022-11-16 00:29 | |
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Voyager hasn’t transferred any assets to FTX: UCC
Voyager’s Committee of Unsecured Creditors (UCC) has said that Voyager has yet to transfer any assets to FTX. The committee tweeted that the deal to have the bankrupt crypto lender sell its assets to Sam Bankman-Fried’s FTX has not been finalised. дальше »
2022-11-11 23:14 | |
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US lawmaker hints at calling for Republican votes in 2022 midterms over crypto policies
Representative Patrick McHenry said regulatory clarity for digital assets would be one of his "top priorities" if he became the next chair of the House Financial Services Committee. дальше »
2022-9-30 22:15 | |
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US congressman and crypto skeptic explains why a crypto ban won’t work
Sherman said any task force or committee set up to help and protect investors wouldn’t work as long as gullible investors keep investing in memecoins. дальше »
2022-9-6 11:31 | |
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US lawmakers appeal directly to 4 mining firms, requesting info on energy consumption
Four members of the U.S. House Committee on Energy and Commerce said they were “deeply concerned” that proof-of-work mining could increase demand for fossil fuels. дальше »
2022-8-19 00:32 | |
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US Senate Republican Seeking Bipartisan Support for Stablecoin Effort
The top Republican on the U.S. Senate Banking Committee, Sen. Pat Toomey (R-Pa.), said he’s dealing with Democrats to make his earlier proposal on stablecoin oversight a bipartisan effort, and Chairman Sherrod Brown (D-Ohio) confirmed he’s been involved in the discussion. дальше »
2022-7-28 19:18 | |
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US Senate Republican Seeking Bipartisan Support for Stablecoin Oversight Effort
The top Republican on the U.S. Senate Banking Committee, Sen. Pat Toomey (R-Pa.), said he’s dealing with Democrats to make his earlier proposal on stablecoin oversight a bipartisan effort, and Chairman Sherrod Brown (D-Ohio) confirmed he’s been involved in the discussion. дальше »
2022-7-29 19:18 | |
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Selling gas and oil for Bitcoins? This Russian lawmaker thinks so
Pavel Zavalny, the head of Russia’s Committee on Energy, said earlier today that the country will enable friendly countries to pay for oil, gas, and other exports in Bitcoin. The post Selling gas and oil for Bitcoins? This Russian lawmaker thinks so appeared first on CryptoSlate. дальше »
2022-3-25 03:00 | |
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Bitcoin Gains $20 Billion After Russia Mulls Accepting BTC For Natural Resource Sales
This resurgence comes after Pavel Zavalny, the chairman of the Energy Committee of the State Duma of the Russian Federation said that Russia was open to accepting Bitcoin in addition to currencies by its allies when purchasing its natural resources. дальше »
2022-3-24 21:11 | |
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US Fed Chair Jerome Powell Rules Out The Private Sector in Creation of a Digital Dollar
Jerome Powell, the U.S Fed Reserve Chairman, has said that private entities should not be part of the creation process of a digital dollar. Appearing before the House Financial Services Committee on June 17, the Fed Chair highlighted that monetary policy functions should be left to the central banks regardless of the operating ecosystems. On […] дальше »
2020-6-18 19:14 | |
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Cryptocurrency Regulation Talks in Iran Appear to Be Picking Up Steam
Iranian lawmaker, Mohammad Hossein Farhangi, a member of the Industries and Mines Committee, has said in a parliament session that it was the central bank’s responsibility to look into cryptocurrencies and urged them to seriously examine the asset class. дальше »
2020-6-3 10:18 | |
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Buy Bitcoin and Be Prepared to Lose Your Shirt, Says Next BoE Gov
Andrew Bailey has once again cast shade on Bitcoin. The incoming governor of the Bank of England said that those investing in the digital asset should be prepared to lose all their money. Bailey appears to have given the remarks during a Treasury Select Committee hearing with members of parliament today. дальше »
2020-3-5 00:05 | |
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Treasury Secretary Mnuchin Gives Testimony on Cryptocurrency, New Regulations Rolling Out Soon
U. S. Treasury Secretary Steven Mnuchin gave his testimony on cryptocurrency before the Senate Finance Committee on Wednesday. Mnuchin said crypto is a “crucial area” that the Treasury has spent a lot of time on. дальше »
2020-2-13 16:45 | |
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Banking Expert Tells Congress: Government Reform Can Kill Bitcoin
Cryptocurrencies only exist because of failures in the traditional financial system, according to a leading banking scholar. In a hearing before the Senate Banking Committee, Mehrsa Baradaran said that financial reforms could cause cryptocurrencies to fade into obscurity, effectively killing Bitcoin (BTC). дальше »
2019-7-30 17:47 | |
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Facebook gets away with $5B FTC fine for leaking your data
The US Federal Trade Commission (FTC) has slapped a $5 billion fine on Facebook in wake of the Cambridge Analytica scandal and its other data leaks. In an agreement filed today, the FTC has also ordered the social network to make privacy-related changes to avoid such mishaps in the future. дальше »
2019-7-24 17:08 | |
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Bitcoin Not Banned in India, Finance Minister Tells Parliament
Holding or trading cryptocurrencies like bitcoin is not banned in India, union minister Anurag Singh Thakur told the upper house of Indian parliament. The Minister of State to Ministry of Finance said the issues of permitting the trading of/in cryptocurrencies remains under examination of a government-appointed interministerial committee. дальше »
2019-7-19 16:00 | |
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Crypto Custodian Anchorage To Set Up Subsidiary In South Dakota, Anchorage Trust Company
After securing a license from the state of South Dakota, Anchorage Trust Company will set up its headquarter in Sioux Falls. U. S. Sen. Mike Rounds of South Dakota confirmed the news of the removal of the regulatory hurdle in a U. дальше »
2019-7-17 19:03 | |
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Maxine Waters Looks to Stall Facebook on Libra, Zuck Wins Regardless
By CCN Markets: House Financial Services Committee Chairperson Maxine Waters (D-Calif. ) requested that Facebook hold off on developing its crypto, which is named Libra. Facebook Request Cuts Both Ways There are two ways to examine Rep. дальше »
2019-6-19 21:10 | |
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Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency
Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. дальше »
2019-5-23 20:00 | |
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Bank of England Gov: Bitcoin Doesn’t Satisfy the Principles of Currency
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. дальше »
2019-5-1 03:00 | |
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QuadrigaCX Starts Bankruptcy Proceedings
It’s been a long and winding road with many twists and turns for the beleaguered cryptocurrency exchange QuadrigaCX and its 115,000 former users who are owed roughly $190 million. дальше »
2019-4-10 17:39 | |
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Trump Hater Adam Schiff Doubles Down on Russia Collusion Delusion
Democrat Adam Schiff, the chairman of the House Intelligence Committee, still insists there’s “ample evidence” of collusion between Russia and the 2016 Trump campaign even though special counsel Robert Mueller concluded there was no collusion. дальше »
2019-4-4 23:53 | |
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Bank Watchdog: Crypto Assets Fail as Money – and Digital Gold
The Basel Committee on Banking Supervision (BCBS), a supranational banking watchdog, has warned that the growth of crypto assets like bitcoin pose a threat to banks and global financial stability, despite “very limited direct exposures. дальше »
2019-3-14 01:30 | |
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Basel Committee Sets out Guidelines for Banks Intending to Enter Crypto Market
The Basel Committee has laid out guidelines for banks that plan to enter the cryptocurrency market. While outlining the supposed threats posed by crypto assets in terms of financial stability, the committee has said it expects banks that are going to have direct exposure to the crypto industry to be prudent in their approach. дальше »
2019-3-13 23:15 | |
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Basel Committee: Growth of Bitcoin is a Bad Sign For Global Banking System
The growth of crypto assets like bitcoin is a bad sign for the global banking system, warned the Basel Committee. The banking supervision forum said that crypto assets had become popular despite exhibiting a high degree of volatility and risk. дальше »
2019-3-13 17:13 | |
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Trump Counterpunches Sweeping Democratic House Probe: ‘They Didn’t Give One Letter of the Requests’
U. S. President Donald Trump completely reversed course on whether the White House will cooperate with the House Democrats’ investigation in corruption and obstruction of justice – a probe that’s widely viewed as a pretense for impeaching the president. дальше »
2019-3-6 03:24 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Blockchain Advocacy Coalition Sponsors Bill to Allow Crypto for Legal Cannabis Tax
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. дальше »
2019-3-1 20:16 | |
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Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. дальше »
2019-2-24 17:04 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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Elections Canada Consults With Political Parties on Crypto Donations
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. дальше »
2019-1-24 20:28 | |
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Russia: Cryptoruble Coming ‘Within 2-3 Years,’ Gov’t Official Says
Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble ‘Will Not Differ’ From Fiat Ruble Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the forecast speaking to local news outlet RIA Novosti. дальше »
2019-1-15 16:00 | |
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Jay Clayton Optimistic About Blockchain and Cryptocurrencies’ Emerging Investment Landscape
Jay Clayton seems very optimistic about the future of the cryptocurrency space. During a testimony that he gave to the United States Senate Committee on Banking, Housing and Urban Development, Mr. Clayton, the chairman of the U. дальше »
2018-12-17 04:08 | |
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Hoskinson: Satoshi Did “An Amazing Thing”...But There Are Lessons to Learn
Charles Hoskinson is best known today as a co-founder of both Ethereum and IOHK, where he leads the research, design and development of Cardano. But before these projects, there was Bitcoin. дальше »
2018-11-20 23:08 | |
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