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Celsius Network attracts Federal investigation- Details you need to know
Crippled crypto lender Celsius Network is reportedly facing a federal investigation in the United States. As per a filing made by the Celsius Official Committee of Unsecured Creditors (UCC), the The post Celsius Network attracts Federal investigation- Details you need to know appeared first on AMBCrypto. дальше »
2022-10-19 15:30 | |
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Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead. дальше »
2022-10-14 00:00 | |
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Liquid Index Series October 2022 Quarterly Review
Brave New Coin Index Governance Committee announces the following items discussed during the BNC October 2022 Quarterly Index Review. This change will affect the Bitcoin Liquid Index (BLX), Ethereum Liquid Index and XRP Liquid Index (XRPLX). дальше »
2022-10-13 00:00 | |
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European Parliament Committee approves MiCA crypto framework
The European Parliament Committee on Economic and Monetary Affairs (ECON) on 10 October approved the Markets in Crypto-Assets (MiCA) framework. It was only in the last week that the European Council aThe post European Parliament Committee approves MiCA crypto framework appeared first on AMBCrypto. дальше »
2022-10-11 14:15 | |
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Stablecoins’ Role in Cutting International Payment Costs Probed by Payments Watchdog
The Committee on Payments and Market Infrastructures wants to know if stablecoins can fulfil their promise of cheaper, quicker transactions, according to a new Financial Stability Board report. дальше »
2022-10-10 11:00 | |
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Republican Lawmakers Who Oppose a Fed-Issued CBDC Ask for US Justice Department's Assessment
A group of Republican lawmakers on the House Financial Services Committee have asked U.S. Attorney General Merrick Garland to share the Justice Department's assessment on whether the Federal Reserve has the necessary authority to issue a central bank digital currency (CBDC). дальше »
2022-10-6 19:36 | |
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European Council passes landmark Markets in Crypto-Assets (MiCA) regulation
The European Council has made major strides towards crypto regulation by approving the landmark European Union’s Markets in Crypto-Assets (MiCA) regulation today. The MiCA regulation will now proceed to the European Parliament for a vote by the European Parliament’s economic affairs committee next week after which if approved will become operational earliest at the start […] The post European Council passes landmark Markets in Crypto-Assets (MiCA) regulation appeared first on Invezz. дальше »
2022-10-6 16:58 | |
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Basel Committee crypto asset prudential treatment proposals get detailed responses
The international financial community went long form to speak up for its interests as the Basel Committee on Banking Supervision continues to optimize banking regulation. дальше »
2022-10-4 15:00 | |
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Global banks’ exposure to crypto is around 0.01%
Global banking regulation standard Basel Committee’s latest report estimates the global bank exposure to crypto to be at 0. 01%, as the 19 largest financial institutions hold €9. 4 billion worth of crypto, which equates to 0. дальше »
2022-10-3 10:30 | |
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Celsius Creditors moves to recoup $439M through EquitiesFirst subpoena
Celsius’ Committee of Unsecured Creditors has filed a motion asking the bankruptcy court to issue a subpoena to EquitiesFirst Holdings (EHF) for failing to repay approximately $439 million owed to Celsius Network. дальше »
2022-10-1 16:30 | |
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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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CFTC Commissioner Kristin Johnson touts DCCPA bill in market risk advisory meeting
The committee meeting was Johnson’s first as committee sponsor; she chose to concentrate on digital assets and the Digital Commodities Consumer Protection Act in her opening remarks. дальше »
2022-9-29 00:10 | |
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Lawyers for Celsius investors file motion to have interests represented in court
The legal team requested the court appoint a committee representing certain shareholders or the case could end up "inappropriately and inequitably skewed in favor of the customers." дальше »
2022-9-24 19:30 | |
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Celsius Latest: Law Firm Files Motion Seeking Appointment of an Official Preferred Equity Committee
Milbank LLC, an international law firm headquartered in New York, has filed a motion with the U.S. Bankruptcy Court of the Southern District of New York seeking orders directing the appointment of an Official Preferred Equity Committee by the Office… дальше »
2022-9-23 17:00 | |
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JPMorgan CEO slams crypto as ‘decentralised Ponzi schemes’
JPMorgan (NYSE: JPM) CEO Jamie Dimon has slammed cryptocurrencies, pointingly mentioning Bitcoin (BTC), as nothing but ‘decentralised Ponzi scheme. ’ Dimon’s fresh criticism of crypto came during a US House Committee Oversight hearing on Wednesday. дальше »
2022-9-23 14:07 | |
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Crypto Market Tumbles After Major Russia-Ukraine War Escalation & U.S. Interest Hike
The Federal Open Market Committee (FOMC) announced a 75 basis points (bps) rate hike on Sept. 21. The Bitcoin (BTC) price fell sharply as a result. The post Crypto Market Tumbles After Major Russia-Ukraine War Escalation & U.S. Interest Hike appeared first on BeInCrypto. дальше »
2022-9-22 21:45 | |
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Fed announces 75 bps rate hike; Bitcoin tanks 6.5% on the news
The United States Federal Reserve raised interest rates by 75 basis points after the Federal Open Market Committee (FOMC) meeting on September 21, bringing the Federal Funds Rate to 3.25%. The post Fed announces 75 bps rate hike; Bitcoin tanks 6.5% on the news appeared first on CryptoSlate. дальше »
2022-9-22 21:25 | |
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TerraUSD-Like Stablecoins Would Be Banned For Two Years Under New House Committee Plan
The House of Representatives Financial Services Committee has proposed a bill that would put a two-year ban on algorithmic stablecoins such as TerraUSD Classic (USTC), which collapsed dramatically — making the entire ordeal one of the single-biggest capital destructive events in the history of crypto. дальше »
2022-9-22 17:40 | |
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Why SEC Chair Gary Gensler Was Grilled During Senate Crypto Inquiry
On Thursday, U. S. Securities and Exchange Commission (SEC) Chair Gary Gensler spoke before the Senate Banking Committee to defend the agency’s stance on cryptocurrencies and its efforts to include climate risks in public company reports. дальше »
2022-9-16 12:48 | |
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Senator Toomey: Crypto is ‘sufficiently different’ from stocks or bonds
Sen. Pat Toomey (R-PA) a ranking member of the US Senate Banking Committee says Congress needs to step in on the issue of cryptocurrency regulation. Particularly, Sen. Toomey points to the US Securities and Exchange Commission (SEC), through its Chair Gary Gensler, hasn’t provided anything as much as regulatory clarity on how existing frameworks on […] The post Senator Toomey: Crypto is ‘sufficiently different’ from stocks or bonds appeared first on Invezz. дальше »
2022-9-15 18:52 | |
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Ethereum reached this interesting milestone before Fed meeting
As the Federal Open Markets Committee (FOMC) meeting concluded a brutal Consumer Price Index (CPI) report, the crypto markets responded in a similar fashion. The top-ranked altcoin, Ethereum [ETH] shoThe post Ethereum reached this interesting milestone before Fed meeting appeared first on AMBCrypto. дальше »
2022-9-14 23:30 | |
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SEC Chair Gensler reiterates that ‘most crypto are securities’ before US banking committee
The Securities and Exchange Commission (SEC) Chair Gary Gensler reiterated his belief that most crypto assets are securities in his testimony before the United States Senate Banking Committee on September 15. дальше »
2022-9-15 20:01 | |
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Is Blockchain Association gearing up to lobby candidates ahead of elections
Washington-based trade group Blockchain Association has announced that it will be launching a Political Action Committee (PAC) in a bid to support pro-crypto candidates. The committee will focus itThe post Is Blockchain Association gearing up to lobby candidates ahead of elections appeared first on AMBCrypto. дальше »
2022-9-14 01:00 | |
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Blockchain Association Sets Up New Crypto Industry PAC
The Blockchain Association is adding its own political action committee (PAC) to the crypto industry’s growing array of campaign-finance efforts seeking to steer the U.S. government’s debate over digital assets. дальше »
2022-9-13 21:12 | |
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Celsius, Creditors Agree to Independent Government Probe, Call for Narrowed Scope
The Official Committee of Unsecured Creditors joined other Celsius borrowers in opposing the U.S. Trustee's motion to appoint an independent examiner, though they did not oppose the appointment of any third party investigator to dig into the embattled crypto lender's financials. дальше »
2022-9-9 01:06 | |
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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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House’s Stablecoin Bill May Face Fatal Delays for 2022 Progress
One of Congress’ most serious efforts toward stablecoin oversight may have hit an insurmountable snag as negotiations in the House Financial Services Committee drag out further than the calendar is likely to allow. дальше »
2022-9-3 21:38 | |
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Coinbase, FTX, Binance get US House Committee inquiries over consumer protection concerns
The US House Committee on Oversight and Reform has reportedly sent letters to five major cryptocurrency exchanges in the country, asking for details and documents relating to consumer protection measures around crypto scams and fraud. дальше »
2022-9-1 16:57 | |
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Voyager Digital’s creditors oppose retention bonus for employees
Bankrupt crypto-lender Voyager Digital has run into trouble again, this time drawing flak from its creditors. The Official Committee of Unsecured Creditors of Voyager Digital has filed an objection agThe post Voyager Digital’s creditors oppose retention bonus for employees appeared first on AMBCrypto. дальше »
2022-8-23 00:00 | |
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What Did US Lawmakers Ask Miners Core Scientific, Riot, Marathon & Stronghold?
The four biggest US-based mining operations – Core Scientific, Marathon Digital Holdings, Riot Blockchain, and Stronghold Digital Mining – got a letter from the House Committee On Energy and Commerce. дальше »
2022-8-22 09:13 | |
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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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Celsius to explore options for refunding customers at UCC meeting
With multiple financing offers reportedly coming for Celsius Network, it announced it would meet with the Unsecured Creditors Committee (UCC) on August 23 to consider possible options to accelerate the recovery of the customer’s funds. дальше »
2022-8-17 16:45 | |
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Diversity and Inclusion Accountability Shifts To The Crypto Industry
The desire to harness the potential of diversity and inclusion has remained a top priority and a critical strategic agenda for many organisations around the world. The same goes for the Committee on Financial Services in the United States House of Representatives, which has diversity and inclusion as a core pillar of the US financial […] дальше »
2022-8-10 20:53 | |
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Celsius CEO under fire as Committee of Creditors, DFPI implicate him
The Committee representing customers affected by Celsius’ bankruptcy has issued a mission statement as it seeks further investigation into CEO Alex Mashinsky for allegedly misleading the public. дальше »
2022-8-9 18:00 | |
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Crypto Becomes Next Financial Sector Under US Lawmakers’ Diversity Lens
Rep. Maxine Waters (D-Calif.), the chairwoman of the House Financial Services Committee, has asked 20 of the largest cryptocurrency firms doing business in the U.S. to explain their hiring practices as the panel adds the digital assets industry to the financial sectors it’s questioned about employment diversity. дальше »
2022-8-6 17:20 | |
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US Senate introduces bill to put CFTC in charge of regulating Bitcoin, Ethereum
Leaders of the Senate Agriculture Committee introduced a bill on August 3 to make the Commodity Futures Trading Commission (CFTC) the chief regulator of digital assets that are commodities. The post US Senate introduces bill to put CFTC in charge of regulating Bitcoin, Ethereum appeared first on CryptoSlate. дальше »
2022-8-3 20:00 | |
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