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US Treasury official targets Tether USDT stablecoin in Russian sanction evasion
US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written testimony on April 9 to the Senate Banking, Housing, and Urban Affairs Committee. дальше »
2024-4-9 14:25 | |
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Is Bitcoin Going to Zero? NEVER, Say Top Analysts as ETF Inflows Soar!
In a recent development, members of the Federal Open Market Committee (FOMC) have called for caution regarding interest rate cuts, emphasizing the persistence of inflation. This stance has led to aThe post Is Bitcoin Going to Zero? NEVER, Say Top Analysts as ETF Inflows Soar! appeared first on AMBCrypto. дальше »
2024-4-7 18:00 | |
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FTX ad-hoc grows to $700k in claims as community prepares for bankruptcy vote
The FTX Customer Ad-Hoc Committee has over 1,400 signups and $700,000 in claims. дальше »
2024-4-3 19:48 | |
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Crypto Fan Won Ohio Senate Primary That Could Alter the Industry's U.S. Destiny
Ohio's U.S. Senate race may be the biggest congressional contest this year for the crypto industry, now pitting a digital assets booster against Sen. Sherrod Brown (D-Ohio), the sitting Senate Banking Committee chairman who has stood in the way of the development of regulatory legislation. дальше »
2024-3-21 05:26 | |
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Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs
US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC). Powell made the statement during a March 7 Senate Banking Committee hearing on monetary policy. дальше »
2024-3-8 23:27 | |
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Jerome Powell: CBDC not on the horizon anytime soon
In testimony before the Senate Banking Committee, Federal Reserve Chair Jerome Powell stated the Federal Reserve is nowhere near making a recommendation or adopting a CBDC. дальше »
2024-3-8 23:23 | |
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CFTC chair urges Congress to issue legislation for crypto regulations
CFTC chair Rostin Behnam told Congress there is an urgent need for legislation that can provide regulatory clarity for the crypto industry to ensure investors are appropriately protected. Behnam made the statement during his testimony before the House Agriculture Committee on March 6 that primarily focused on the C FTC’s fiscal year 2025 budget request. дальше »
2024-3-6 21:58 | |
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Binance CEO Given 7 Days To Address Allegations Of Terrorist Financing In Nigeria
Nigeria has joined the global crackdown on alleged money laundering and terrorist financing within the crypto industry, with the House of Representatives Committee on Financial Crimes summoning Binance chief executive Richard Teng. дальше »
2024-3-5 01:00 | |
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Binance CEO Richard Teng asked to appear before Nigerian committee
Binance is in hot water in Nigeria in the aftermath of its settlement with the U. S. Department of Justice (DOJ). Nigeria’s House of Representatives Committee on Financial Crimes issued an ultimatum to Binance CEO Richard Teng on Friday, according to a local news report. дальше »
2024-3-3 17:47 | |
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US House Committee moves to overturn SEC rule limiting bank crypto custody
The House Financial Services Committee (HSFC) recently cast votes on a resolution aimed at nullifying a guideline from the United States Securities and Exchange Commission (SEC), which has been a barrier for banks wishing to engage in cryptocurrency custody services.… дальше »
2024-3-1 11:19 | |
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Crypto Action in Senate Remains on Back Burner: Sources
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans. дальше »
2024-2-22 23:36 | |
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Winklevoss twins give out $4.9m to Fairshake crypto lobbying group
Founders of Gemini exchange, Tyler and Cameron Winklevoss, have donated $4.9 million to the Fairshake political action committee (PAC). The Winklevoss twins have each donated $2.45 million to the Super PAC, according to the U.S. Federal Election Commission (FEC) and… дальше »
2024-2-22 12:44 | |
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ECB exec allays privacy concerns surrounding digital euro
In a recent meeting with the European Parliament’s Committee on Economic and Monetary Affairs, Piero Cipollone, a member of the ECB Executive Board, discussed the forthcoming digital euro, specifically its privacy features, infrastructure procurement, and operational standards. дальше »
2024-2-17 23:29 | |
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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. дальше »
2024-2-17 17:59 | |
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New Zealand’s Central Bank chief casts doubt on stablecoin stability
Adrian Orr, the governor of the Central Bank of New Zealand, has criticized stablecoins, stating they cannot replace traditional currency and “are not stable. ” During a parliamentary finance committee meeting on Feb. дальше »
2024-2-12 11:31 | |
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New Zealand central bank governor issues alert on the stability of stablecoins
The governor of New Zealand’s central bank, Adrian Orr, has issued an alert on stablecoins saying they are unstable and cannot be a substitute to fiat currency. While speaking at a parliamentary finance committee on February 12, Orr said the stability of stablecoins relied on the issuer. дальше »
2024-2-12 10:55 | |
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UK lawmakers wary of launching retail CBDC due to privacy, financial stability concerns
The U. K. Parliamentary Treasury Committee issued a stern warning about the development of a retail central bank digital currency (CBDC), or ‘digital pound,’ and its potential hazards to financial stability. дальше »
2023-12-3 02:17 | |
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Top cryptos poised for massive rallies in the next bull run – BTC, XRP, SOL, and ARB
The cryptocurrency market retains a bullish outlook, with digital coins recording impressive price actions throughout November 2023. That comes amid various bullish expectations, including the Federal Open Market Committee minutes and a potential spot Bitcoin ETF approval. дальше »
2023-11-27 19:15 | |
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Key cryptocurrencies set to rise; Solana (SOL), Cardano (ADA), NEAR Protocol (NEAR), Chainlink (LINK) analysis
As of November 2023, the cryptocurrency market is experiencing a notable rebound, driven by a wave of investor enthusiasm and anticipation for upcoming Federal Open Market Committee (FOMC) minutes. The resurgence is spearheaded by Bitcoin (BTC), which has seen a 1. дальше »
2023-11-25 14:11 | |
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Canada opens discussions on crypto exposure, more inside
The OSFI claimed its guidelines on crypto exposure were drafted in response to the proposals released by the Basel Committee last year. Meanwhile, crypto funding continued to plummet over the The post Canada opens discussions on crypto exposure, more inside appeared first on AMBCrypto. дальше »
2023-11-21 17:00 | |
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Elizabeth Warren highlights surge in crypto scams against seniors, endorses new protective legislation
Senator Elizabeth Warren warned of cryptocurrency scams targeting seniors during a U. S. Senate Special Committee on Aging on Nov. 16. There, Warren cited statistics from the FBI indicating that crypto fraud stole $2. дальше »
2023-11-18 02:15 | |
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U.S. House Committee to probe crypto’s role in illicit activities
On Nov. 15, the U.S. House Financial Services Committee will scrutinize cryptocurrency’s role in illicit activities, focusing on money laundering and terrorism funding. The U.S. House of Representatives Financial Services Committee (FSC) is holding a big meeting on Nov. 15… дальше »
2023-11-14 12:37 | |
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The Fed may be done hiking: Time to buy Shiba Memu?
The biggest stories of this week were the Federal Open Market Committee (FOMC) meeting on Wednesday followed by the US non-farm payrolls (NFP) data on Friday. These two events set the tone for what could be the next bull run in the crypto and stock market. дальше »
2023-11-4 19:33 | |
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185,000 crypto transactions recorded in Russia this year
The volume of crypto transactions in Russia had “almost doubled” this year. Yuri Chikhanchin, the head of Russia's financial monitoring committee, made the claims in a recent interview. The post 185,000 crypto transactions recorded in Russia this year appeared first on AMBCrypto. дальше »
2023-11-2 14:30 | |
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Is the Fed Done Hiking? Bitcoin Breaches $34.5K as FOMC Holds Rates Steady
The Federal Open Market Committee (FOMC) concluded its November meeting today and announced that interest rates will remain unchanged. This signals an end to the aggressive rate hiking cycle we’ve seen throughout 2022 as the Fed attempts to combat high inflation. дальше »
2023-11-1 22:01 | |
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Zilliqa, Tron, Near Protocol prices steady ahead of FOMC decision
Cryptocurrency prices joined American stocks in a major rally as traders waited for the important Federal Open Market Committee (FOMC) decision. The Dow Jones jumped by more than 250 points while the S&P 500 and Nasdaq 100 soared by over 0. дальше »
2023-11-2 18:19 | |
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Global watchdog: Stablecoin cons outweigh pros for cross-border transactions
The Committee on Payment and Market Infrastructures has highlighted both the potential and the substantial challenges of adopting stablecoins in global cross-border payments, underscoring their current non-compliance with international regulations. дальше »
2023-10-31 18:19 | |
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U.S. Senate's Banking Chairman Says Panel to 'Crack Down' on Crypto's Terrorism Ties
U.S. Sen. Sherrod Brown (D-Ohio) has said the Senate Banking Committee will "crack down on the use of crypto to fund terrorism and evade sanctions" at a time when the U.S. must stand with both Ukraine and Israel as they fight back against Russian President Vladimir Putin and Iranian-backed terrorists like Hamas. дальше »
2023-10-26 19:14 | |
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Genesis bankruptcy plan revised for orderly wind down and asset liquidation
Crypto lender Genesis Global Capital filed an amended Chapter 11 bankruptcy plan on Wednesday, Oct. 25, to resolve outstanding claims and interests of creditors. The amended plan results from extensive negotiations between Genesis, the Official Committee of Unsecured Creditors, crypto exchange Gemini, and the Ad Hoc Group of Genesis Lenders. дальше »
2023-10-25 10:48 | |
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Cardano Passes Crucial Update As ADA Price Prepares For 65% Rally
The Cardano ecosystem is ringing in significant transformations with the Cardano Foundation’s announcement of a pivotal modification to its staking parameters. After a stake pool operator (SPO) poll and thorough deliberations by the Parameters Committee, the foundation decided to update the network to enhance both its competitiveness and user experience. дальше »
2023-10-24 15:00 | |
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Greece establishes AI advisory committee to create national strategy
The Greek prime minister created an AI advisory committee comprising some of the country’s top tech, ethics and science professionals. дальше »
2023-10-21 23:30 | |
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Basel Committee introduces draft guidelines on crypto asset disclosure
The Basel Committee on Banking Supervision has proposed standardized disclosure templates for major banking institutions regarding their crypto asset exposure, aiming for implementation by 2025. дальше »
2023-10-19 21:18 | |
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Banks need to disclose their crypto exposure: Basel Committee
These standards outlined how banks should manage their exposure to cryptocurrency assets. This was a noteworthy step towards creating a more transparent and accountable environment for the crypThe post Banks need to disclose their crypto exposure: Basel Committee appeared first on AMBCrypto. дальше »
2023-10-18 17:00 | |
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BIS to oblige banks to disclose crypto exposure starting 2025
In a consultative document, the Basel Committee said the measures would reduce information asymmetry among banks and market participants. Financial institutions might soon be required to disclose their exposure to cryptocurrencies. дальше »
2023-10-17 16:18 | |
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Banks’ crypto exposure must be disclosed — BIS’ Basel Committee
The proposed regulations are currently open to the public for comments, and if approved, they will come into effect by Jan. 1, 2025. дальше »
2023-10-17 16:08 | |
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Binance CEO, colleagues face potential indictment in Brazil
Brazil's National Congress is targeting Binance CEO Changpeng Zhao and three of the firm's employees. The firm says it is cooperating extensively with the committee. дальше »
2023-10-14 19:27 | |
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Pro-XRP Lawyer Deaton Mulls Addressing Congress With Pivotal Letter
John E. Deaton, a seasoned attorney and notable figure within the XRP community, took to X (formerly Twitter) on Thursday, October 12, to signal his intention to write a letter to the Financial Services Committee (FSC), criticizing the lack of efficacy in addressing the US Securities and Exchange Commission (SEC) through letters to its Chairman, […] дальше »
2023-10-13 10:00 | |
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