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Laos Government Organizes Meeting on Blockchain 4.0 and Digital Economy Development
Coinspeaker Laos Government Organizes Meeting on Blockchain 4. 0 and Digital Economy Development Laos has set up a committee to oversee legal compliance and draft appropriate legislation to prepare for the digital economy. дальше »
2023-5-30 17:23 | |
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Russia backtracks from plan to create national crypto exchange
Russia is no longer moving forward with its plans to create a national crypto exchange. Instead, it will focus on formulating rules that will allow private companies to establish such exchanges. The head of the State Duma committee on the financial market, Anatoly Aksakov, disclosed this to local media Izvestiya on May 29. дальше »
2023-5-29 16:58 | |
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European Commission To Present Regulatory Framework For Digital Euro In June
Fabio Panetta, a member of the Executive Committee of the European Central Bank (ECB), recently announced that the European Commission would be presenting a legislative proposal for the digital euro in June. дальше »
2023-5-28 13:53 | |
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United States Senators Lash Out At Signature’s Executives For Blaming Bank’s Collapse On Crypto After “Reckless” Management
As investigations into Silvergate Banks ramp up, discoveries alongside the blame game from different sources come to light. At a Senate Banking Committee hearing on May 16, Scott Shay, a former executive of Silvergate Bank, gave his statement on the facts leading to the bank’s collapse. дальше »
2023-5-21 19:32 | |
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Highlights from Financial Service Committee hearing on stablecoins
The Digital Assets Financial Technology Inclusion Committee held a hearing on May 18 to discuss stablecoin policy. In opening the meeting, Congressman French Hill said it is the committee’s aim to put through legislation supporting stablecoins as a recognized payment method. дальше »
2023-5-19 00:52 | |
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Pakistan Announces Ban on Cryptocurrency Services and Firm Stance Against Legalizing Crypto Trading
Aisha Ghaus Pasha, the minister of state for finance and revenue, declared that Pakistan would outlaw cryptocurrency services operating in the country and reaffirmed that the government has no plans to legalize cryptocurrency trading during a meeting of the Senate Standing Committee on Finance and Revenue on May 16. дальше »
2023-5-19 23:06 | |
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U.S. Hearing Highlights Stablecoin Rift in Competing House Bills
U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel. дальше »
2023-5-19 19:45 | |
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First Voyager payouts should begin by June 1, creditors’ committee says
Voyager’s Official Committee of Unsecured Creditors said on May 17 that a pending repayment plan will take effect in the next few weeks. Users could access funds in coming weeks The committee said that bankruptcy courts have approved Voyager’s liquidation procedures and said that the plan will take effect as early as May 19. дальше »
2023-5-18 04:05 | |
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UK panel proposes treating crypto trading as gambling
The Treasury Select Committee, a prominent cross-party group of U.K. lawmakers, has released a report suggesting that retail investing in unbacked cryptocurrencies, such as Bitcoin, should be regulated similarly to gambling. дальше »
2023-5-17 20:01 | |
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Trust Is The Biggest Hurdle for Any Potential CBDC – Bank of England Financial Policy Committee Official
According to Carolyn Wilkins, an external member of the Bank of England’s Financial Policy Committee, the three main design principles for a Central Bank Digital Currency (CBDC) are staying focused on core public policy objectives, identifying and mitigating financial stability risks and setting high standards for technology. дальше »
2023-5-17 14:16 | |
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Crypto advocacy group criticizes UK Treasury Committee recommendation to regulate crypto like gambling
A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits. дальше »
2023-5-17 13:30 | |
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SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike
Silicon Valley Bank former CEO Greg Becker blamed the bank’s failure on an unprecedented bank run following rumors about the bank and the Federal Reserve’s interest rate hikes. In a May 16 testimony before the US Senate Banking Committee, the former bank executive claimed that social media fueled the bank run — adding that no financial […] The post SVB former CEO ties collapse to rumors, Fed Reserve’s interest rate hike appeared first on CryptoSlate. дальше »
2023-5-16 15:00 | |
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Cardano Founder Urges Priority On Election To Avoid Further Chaos In Crypto
The U. S. Congress Democratic committee members are preparing to endorse the Securities and Exchange Commission’s (SEC) stringent regulation of digital assets in their efforts to assert control over the crypto industry. дальше »
2023-5-16 22:30 | |
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Congress House Committees Deliberate On Innovation And Regulation Of Digital Assets In The U.S.
In a May 9, 2023 letter to the United States House Appropriations Committee, the U. S. House Financial Services Committee Chairman Patrick McHenry outlined the Committee Republicans’ priorities for fiscal year (FY) 2024 appropriations. дальше »
2023-5-15 15:37 | |
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US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler
Coinspeaker US House Committee on Financial Services Issues Ultimatum to SEC Chair Gensler The ultimatum highlights the growing pressure on the SEC to take a more transparent approach to its regulatory activities. дальше »
2023-5-12 16:04 | |
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US House financial committee tells SEC they don’t like custody proposal
The letter criticizes the proposed rule for its impact on the banking industry, particularly in ways that would be disadvantageous to the digital asset industry. дальше »
2023-5-12 01:30 | |
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US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries
The U.S. House Committee on Financial Services issued a May 19 ultimatum to the Securities and Exchange Commission (SEC) chair Gary Gensler to respond to its inquiries. In a May 9 letter, the lawmakers demanded that the SEC deliver the requested internal non-public documents of its activities, including its charges against bankrupt FTX founder Sam Bankman-Fried, crypto […] The post US house financial committee gives SEC Chair Gensler ultimatum to respond to inquiries appeared first on CryptoSlate. дальше »
2023-5-12 20:31 | |
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Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion
Senator Elizabeth Warren testified before the Senate Armed Services Committee on May 4, where she emphasized crypto’s use in crime and sanctions evasion. Russia, North Korea’s crypto use in 2022 During her testimony, Warren said: “Cryptocurrency is now the method of choice for countries to evade sanctions so that they can fund weapons programs support […] The post Elizabeth Warren calls crypto ‘method of choice’ for sanction evasion appeared first on CryptoSlate. дальше »
2023-5-6 23:14 | |
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The Need for Clarity in Washington – Not Just on Crypto
The recent ambiguous messaging from the Federal Open Market Committee's meeting, which left markets struggling to interpret signals from the FOMC statement and Chair Jerome Powell's comments, is typical of the abstruse signals that can be found in central bank policy-setting. дальше »
2023-5-6 19:31 | |
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Voyager promises to return funds to creditors despite Binance hurdle
Customers of the bankrupt crypto broker Voyager may be getting their money trapped in the platform in the coming weeks, shortly after Binance. US pulled out of an initial deal to purchase Voyager’s assets. дальше »
2023-5-5 11:55 | |
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Voyager intends to start returning customer funds in coming weeks
Voyager Digital plans to begin returning funds to creditors as part of its bankruptcy proceedings, Voyager’s unsecured creditor committee said on May 4. The Voyager Official Committee of Unsecured Creditors wrote: “Voyager is … finalizing everything internally that is necessary to make distributions to creditors. дальше »
2023-5-5 01:24 | |
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French senate advances legislation allowing social media influencers to advertise cryptocurrency
French Senate's Economic Affairs Committee has approved an amendment allowing registered cryptocurrency firms to hire social media influencers for advertising дальше »
2023-5-4 00:12 | |
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Fed raises rates by 25bps; Bitcoin remains essentially flat
Quick Take The Federal Open Market Committee (FOMC) has decided to raise rates by 25 basis points, taking the Fed funds rate to 5%- 5.25%. The Fed funds rate is now in line with CPI inflation which is also at 5% The FOMC said it seeks to achieve maximum employment and inflation at the rate […] The post Fed raises rates by 25bps; Bitcoin remains essentially flat appeared first on CryptoSlate. дальше »
2023-5-4 21:08 | |
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Bitcoin Analysis: How To Prepare For Today’s FOMC Meeting
Today’s interest rate decision by the U. S. Federal Reserve (Fed) and the following press conference by the Federal Open Market Committee (FOMC) could make up for this year’s most important day so far for the Bitcoin price. дальше »
2023-5-3 10:10 | |
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According to McHenry, the U.S. House is expected to introduce a crypto bill within the next two months.
Rep. Patrick McHenry, the chair of the House Financial Services Committee, has announced that the committee will collaborate with the House Agriculture Committee to draft crypto legislation. The joint public hearings will begin in May, and the goal is to produce legislation that oversees the crypto industry within the next two months. дальше »
2023-4-29 17:27 | |
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U.S. House Will Have Crypto Bill in 2 Months: Rep. McHenry
AUSTIN, Texas – The U. S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N. дальше »
2023-5-1 01:32 | |
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U.S. House Will Have Crypto Bill in 2 Months: McHenry
AUSTIN, Texas – The U. S. House Financial Services Committee and House Agriculture Committee will put together legislation to oversee the crypto sector in the "next two months" after holding joint public hearings starting May, said Patrick McHenry (R–N. дальше »
2023-4-29 01:32 | |
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Genesis to enter mediation with creditors to continue restructuring plan
Genesis will enter mediation with its creditors in order to maintain its proposed restructuring plan, Bloomberg said on April 28. According to Genesis’ lawyer, Sean O’Neal, Genesis will engage in a 30-day mediation process with its committee of unsecured creditors. дальше »
2023-4-29 00:25 | |
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Discover a New Web3 Adventure at IVS Crypto 2023 KYOTO, Japan’s Largest Crypto Conference
IVS KYOTO Executive Committee will hold IVS Crypto 2023 KYOTO, as the largest crypto conference in Japan, from June 28 to June 30, 2023 at the Kyoto International Exhibition Hall “Miyako Messe” and ROHM Theatre Kyoto. дальше »
2023-4-27 15:00 | |
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Celsius creditors file to subpoena defunct crypto exchange FTX, here's why
The Unsecured Creditors Committee of Celsius has filed to subpoena FTX. The creditors want information related to certain FTX users who executed suspicious CEL trades last year. Creditors ofThe post Celsius creditors file to subpoena defunct crypto exchange FTX, here's why appeared first on AMBCrypto. дальше »
2023-4-27 14:30 | |
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US Republicans seek transparency over alleged coordinated crypto de-banking
The US House Financial Services Committee's Republican members are seeking transparency concerning the debanking of various cryptocurrency businesses. дальше »
2023-4-27 14:01 | |
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Stablecoin Regulations Inch Closer in the UK and U.S.
The Bank of England and the US House Financial Services Committee are considering new rules and regulations for stablecoins. Stablecoins offer the possibility of greater efficiency and functionality in payments, but currently sit outside a regulated framework. дальше »
2023-4-26 03:01 | |
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Stablecoin regulation finds footing with Republicans, what you need to know
The Republicans on the House Financial Services Committee (HFSC) brought forward a discussion draft of legislation for regulating stablecoin issuers. The bill also aims to update and clarify U. дальше »
2023-4-25 19:00 | |
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House Republicans Make Case on Stablecoin Bill After Democrats Called for Do-Over
Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats. дальше »
2023-4-25 23:00 | |
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Binance.US-Voyager acquisition moves on amid resolution with US authorities
Voyager, the Unsecured Creditors Committee (UCC), and the US government have reached an agreement that will enable the much-anticipated Binance.US-Voyager acquisition. After several months of uncertainty, the victims of the once prominent but now-bankrupt Voyager Digital may soon be made… дальше »
2023-4-20 16:54 | |
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Binance.US finally gets the green signal to acquire Voyager Digital
Voyager Digital’s acquisition by Binance. US is set to go ahead following an agreement with the U. S. federal government. The crypto lender’s Unsecured Creditors Committee stated on Twitter tThe post Binance. дальше »
2023-4-20 13:45 | |
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Binance.US takes a step closer to acquiring Voyager Digital
In a major development, cryptocurrency exchange Binance. US has moved closer to acquiring Voyager Digital — a bankrupt crypto lender — following months of regulatory hurdles. According to a statement from Voyager on April 19, the Uncensored Creditors Committee (UCC) has reached an agreement with the U. дальше »
2023-4-20 11:40 | |
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New York Financial Official Tells House Committee Crypto Did Not Crash Signature Bank
New York State financial official brings her case to Congress, arguing that cryptocurrency did not cause the fall of Signature Bank. The post New York Financial Official Tells House Committee Crypto Did Not Crash Signature Bank appeared first on BeInCrypto. дальше »
2023-4-20 22:49 | |
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Democrats Blast Draft Stablecoin Bill in First 2023 Hearing on Issue
Despite Republican House committee leaders publishing a draft bill and talking about progress, it hasn't been on the bipartisan level required for an eventual law, lawmakers said in a hearing Wednesday. дальше »
2023-4-19 17:44 | |
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