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Federal Reserve VC calls for stablecoin regulation
Michael Barr called for a robust regulatory framework, preferably determined by Congress, to govern stablecoins. Moody's Analytics noted that the stablecoin market has shown increased stabilitThe post Federal Reserve VC calls for stablecoin regulation appeared first on AMBCrypto. дальше »
2023-11-8 17:30 | |
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Federal Reserve’s Michael Barr comments on stablecoin regulations, CBDCs
Michael Barr, vice chair for supervision at the U. S. Federal Reserve, commented on matters related to stablecoins and CBDCs on Nov. 7. According to reports from Bloomberg, Barr said: “There is interest in strong, federal regulation of stablecoins that makes sure the Federal Reserve can approve, regulate and enforce against stablecoin issuers, including wallets. дальше »
2023-11-8 01:20 | |
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Federal Reserve Vice Chair advocates for stablecoin regulations
Michael Barr, vice chair for Supervision at the Federal Reserve, called for stronger stablecoin policies in the U.S. to protect investors and set up guardrails designed to address pressing issues. дальше »
2023-11-7 22:35 | |
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U.S. Federal Reserve's Barr Holds Line on Central Bank Needing Stablecoin Powers
Vice Chairman Michael Barr argued that the Fed needs regulatory and enforcement authority over stablecoin issuers – a point of contention in the debate over legislation. дальше »
2023-11-7 18:32 | |
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Australian central bank’s surprise interest rate hike could signal global shift
Quick Take The Reserve Bank of Australia’s (RBA) recent decision to increase their interest rate from 4. 1% to 4. 35% – the first rise since May 2023 – presents an intriguing trend in contrast to the anticipated actions of the Federal Reserve and other Western central banks. дальше »
2023-11-7 14:15 | |
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Making the case for Bitcoin (BTC) to SCHD ETF investors
The Schwab US Dividend Equity (SCHD) ETF has cheered the recent macro events, including the Federal Reserve decision and the weak Non-Farm Payrolls (NFP). It has also done well as the price of crude oil retreated from over $95 to $80. дальше »
2023-11-6 11:01 | |
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Avi Eisenberg’s $110m crypto fraud trial gets rescheduled
Last month, Avi Eisenberg was transferred from a federal jail in New Jersey to Metropolitan Detention Center in Brooklyn. дальше »
2023-11-4 19:55 | |
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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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FTX Bankruptcy Advisers Accused Of Sharing Customer Data With FBI
In a recent development, it has come to light that advisers of bankrupt crypto exchange FTX have provided federal law enforcement agencies across the United States with customer account information and transaction records. дальше »
2023-11-4 23:00 | |
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Bitcoin Magazine Faces Lawsuit Threat From US Federal Reserve Over Parody Apparel
The US Federal Reserve (Fed) has taken legal action against Bitcoin Magazine, alleging that the publication’s parody merchandise infringes on its image and trademarks. The dispute revolves around using the FedNow Service image and trademark in merchandise sold by Bitcoin Magazine, which aims to critique the surveillance capabilities of the FedNow system and its potential […] дальше »
2023-11-3 18:06 | |
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Federal Reserve issues cease and desist letter to Bitcoin Magazine alleging IP infringement
The Federal Reserve Bank of Chicago has issued a cease and desist letter to Bitcoin Magazine, alleging it to have used a trademarked term IP — ‘FEDNOW’ — without its consent. According to the letter, dated Oct. дальше »
2023-11-3 17:42 | |
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The shrinking giant: Fed’s balance sheet down by $1T
Quick Take The Federal Reserve’s balance sheet has seen another sizeable reduction this past week, shedding approximately $40 billion. This now brings the balance sheet’s cumulative contraction to around $1 trillion from its peak. дальше »
2023-11-3 14:30 | |
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US DoJ seizes $54M in crypto from drug dealers, more here
Drug trafficking actors are using both CEXs and DNMs for sales. The US government held around 200,000 BTC in seized crypto, worth $6.69 billion now. US federal officers seized crypto assets The post US DoJ seizes $54M in crypto from drug dealers, more here appeared first on AMBCrypto. дальше »
2023-11-3 11:30 | |
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Prisoners’ Dreams to Stash $54M in Crypto in Exotic Locales Dashed as Feds Grab It for Treasury
Federal law enforcement has seized $54 million worth of cryptocurrencies from the leader of a notorious New Jersey drug ring, U.S. Attorney Philip R. Sellinger said Thursday in a statement. дальше »
2023-11-5 01:11 | |
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Bitcoin’s 108% YTD Surge Highlights Crypto’s Growing Prominence
Bitcoin (BTC) witnessed a remarkable surge in its price, nearing the $36,000 mark, sending ripples across the cryptocurrency market. While multiple factors contributed to this price rally, one significant driver appears to be the decision by the US Federal Reserve to halt interest rate hikes, albeit with the potential for future increases. дальше »
2023-11-2 22:00 | |
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Bitcoin forms bullish pennant as Raydium, Celestia, EOS prices rise
Bitcoin (BTC) price continued its bullish trend in the overnight session after the Federal Reserve decided to leave interest rates unchanged. While the bank left the door for another rate hike wide open, most analysts believe that a prolonged pause followed by a cut will happen. дальше »
2023-11-3 03:02 | |
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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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Bitcoin remains above $34,000 as Fed keeps rates steady
Quick Take In accordance with market expectations, the Federal Reserve maintained a steady stance in its recent meeting, holding the federal funds rate constant between 5. 25 and 5. 50. A significant takeaway from this meeting is the indication of the monetary policy’s direction for the near future. дальше »
2023-11-2 21:05 | |
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BitGo secures cryptocurrency custody license in Germany
Crypto custodial firm BitGo reportedly secured a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin), Financial Magnate reported Nov. 1. The licensing represents a significant milestone for BitGo in Europe and highlights the important role BaFin plays in setting crypto regulation, according to Dejan Maljevic, the managing director of BitGo Europe. дальше »
2023-11-2 20:01 | |
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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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Bitcoin taps $35,000, then retraces, sparking massive liquidation before Fed decision
Quick Take Bitcoin experienced a significant price moment, reaching the $35,000 mark just before the impending Federal Reserve interest rate decision scheduled for 2 p. m. GMT, causing noticeable turbulence in the crypto market. дальше »
2023-11-1 16:43 | |
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Sam Bankman-Fried’s Credibility At Stake As Prosecutors Grill FTX Founder About Days Before Bankruptcy
On Monday, October 30, Chief Executive Officer and founder of the defunct cryptocurrency exchange FTX, Sam Bankman-fried‘s credibility was bombarded in cross-examination on days before the exchange’s bankruptcy by a federal persecutor as he took his stand for a second day of testimony in the federal court. дальше »
2023-10-31 16:00 | |
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Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit
Terraform Labs and its co-founder Do Kwon filed a motion for summary judgment with a federal court, asking the judge to dismiss the SEC’s securities fraud lawsuit against it. Terraform Labs collapsed in May 2022 after its native token LUNA lost 99% of its value when the linked algorithmic stablecoin UST lost its peg to […] The post Terraform Labs, Do Kwon file motion to dismiss SEC lawsuit appeared first on CryptoSlate. дальше »
2023-10-31 23:40 | |
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Do Kwon's Terraform Labs Seeks Early Court Rejection of U.S. SEC Case
Terraform Labs and its co-founder, Do Kwon, are asking a federal judge to side with them in the U.S. Securities and Exchange Commission (SEC) fraud case, arguing that the regulator hasn't managed to prove the crypto company was offering securities. дальше »
2023-10-30 19:54 | |
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Stablecoin Boom: USDT Surpasses Trading Volume Of All Combined Cryptos In Brazil
Brazil’s Special Department of Federal Revenue, Receita Federal, has reported a bloom in stablecoin usage, particularly Tether-issued USDT. According to the report, USDT trading volume surpassed all cryptocurrencies combined recorded in 2022. дальше »
2023-10-31 19:00 | |
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Optimism (OP) outlook as price range persists ahead of Fed decision
Optimism (OP) has traded within a range over the past few days. Meanwhile, the overall cryptocurrency market consolidated ahead of the November 1 Federal decision on interest rates. OP recorded bullish actions towards the $1. дальше »
2023-10-31 18:10 | |
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Top 4 Must-Watch Bitcoin And Crypto Events This Week
In a week brimming with anticipation, the Bitcoin and crypto market is poised to witness a series of significant events that could steer the trajectory of digital assets. From pivotal price action in Bitcoin to crucial decisions by the US Federal Reserve (Fed), and from landmark trials to influential crypto conferences, the week is packed […] дальше »
2023-10-31 17:00 | |
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Brazil reports stablecoin boom as USDT trading volume surpasses all other digital assets combined
Brazil’s Receita Federal — the Special Department of Federal Revenue — has recently reported a substantial increase in the usage of stablecoins, specifically Tether’s USDT. According to the regulator’s report, the volume of USDT exceeded the combined trading volume of all other cryptocurrencies in 2022. дальше »
2023-10-30 02:48 | |
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Altcoins calm as Bitcoin displays stability – What next after Fed meeting?
Bitcoin holds at the $34K value region on the last weekend before the Federal meeting scheduled for 31 October and 1 November 2023. Meanwhile, Fed Chair’s comment on the United States economic outlook would likely impact stock and crypto prices. дальше »
2023-10-29 10:33 | |
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SBF trial day 14: FTX’s Bankman-Fried blames Alameda’s Ellison for absent hedging
FTX founder Sam Bankman-Fried testified before Judge Kaplan and a jury in a New York federal court claiming his team sometimes made decisions out of his purview and against his instructions. дальше »
2023-10-28 00:16 | |
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Gemini Files Lawsuit Against Genesis Over Disputed $1.6 Billion Bitcoin Trust Shares
In a recent development, crypto exchange Gemini has filed a lawsuit against the crypto platform Genesis Global about the ownership of shares in the Grayscale Bitcoin Trust (GBTC). Per the lawsuit, the exchange is seeking a determination from a federal judge to establish that Genesis has no right to over 60 million GBTC shares pledged […] дальше »
2023-10-28 00:00 | |
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OpenSea sales volume at 2023 lows as NFT winter deepens
Dune Analytics data shows Ethereum and Polygon non-fungible tokens on NFT marketplace OpenSea might record the lowest monthly sales in October. That comes as digital collectibles saw faded interest this year, with players battling with broad-based challenges, including regulatory scrutiny and Federal rates. дальше »
2023-10-28 14:29 | |
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Australian police seize $50m in crypto money laundering scheme
The Australian Federal Police (AFP) has accused Changjiang Currency Exchange of a money laundering scheme. In a press release, the AFP said the operation, codenamed Ironside, resulted from a three-year investigation into the activities of the currency exchange business. Changjiang… дальше »
2023-10-27 11:28 | |
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Biden to sign executive order regulating AI use in federal government
U. S. President Joe Biden is expected to sign an executive order on artificial intelligence (AI) regulation, the Washington Post said on Oct. 24. The order, which will likely be signed on Monday, Oct. дальше »
2023-10-27 02:30 | |
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FTX Founder Sam Bankman-Fried To Testify In Own Defense On October 26th
In a recent CNBC report, it has been revealed that indicted FTX founder Sam Bankman-Fried will take the stand in his defense, as confirmed by his lawyer. This decision, while seen as a risky maneuver, will subject Bankman-Fried to cross-examination by federal prosecutors. дальше »
2023-10-26 03:00 | |
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Sam Bankman-Fried's Defense Wants to Highlight 'Inconsistent Statements' by FTX Insiders Gary Wang, Nishad Singh
Sam Bankman-Fried's defense team asked Judge Lewis Kaplan to let them introduce proof of inconsistent statements from former FTX executives Gary Wang and Nishad Singh, tied to their statements to federal officials prior to testifying on the stand. дальше »
2023-10-25 18:17 | |
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Judge Denies Sam Bankman-Fried's Bid to Highlight 'Inconsistent Statements' by FTX Insiders Gary Wang, Nishad Singh
Sam Bankman-Fried's defense team asked Judge Lewis Kaplan to let them introduce proof of inconsistent statements from former FTX executives Gary Wang and Nishad Singh, tied to their statements to federal officials prior to testifying on the stand. дальше »
2023-10-26 18:17 | |
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Breaking: FTX founder Sam Bankman-Fried to testify in criminal trial
Mark Cohen, lead attorney for the defense in United States v Sam Bankman-Fried, said his client will take the stand and testify at a New York federal courthouse during the fraud trial for FTX’s collapse. дальше »
2023-10-25 17:50 | |
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