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How The US Treasury May Cause More Instability For Stablecoins

A back-and-forth on Stablecoin regulation between the US Congress and the US Treasury department has left the fate of Stablecoins hanging in the balance. Nellie Liang, the US Treasury secretary, last week, called out the US congress for what she believes is a marked sloppiness in the formulation of regulations regarding Stablecoins. Liang expressed the intent […] дальше »

2021-12-20 18:56


Majority of Crypto Exchanges Dealing in “Predominantly Legal Activity,” says Treasury Deputy Secretary

This statement comes as the Biden Administration targeted “parasite” exchange and blacklisted it for its role in processing ransomware proceeds. The post Majority of Crypto Exchanges Dealing in “Predominantly Legal Activity,” says Treasury Deputy Secretary first appeared on BitcoinExchangeGuide. дальше »

2021-9-22 20:41


Фото:

US financial regulators voice concerns over Tether and Facebook’s Diem

Tether (USDT/USD) and Facebook’s Diem, formerly Libra, were the main topic in a recent private meeting that discussed the risks stablecoins pose to financial systems. A report citing people familiar with the matter disclosed this news on July 27, noting that the US Treasury Secretary, Janet Yellen, led the meeting, which comprised the President’s Working […] The post US financial regulators voice concerns over Tether and Facebook’s Diem appeared first on Invezz. дальше »

2021-7-29 16:34


Фото:

U.S. Treasury Secretary Janet Yellen Convenes Meeting to Discuss Stablecoins

Stablecoins to be the center of discussion in the upcoming meeting among federal financial regulators in the U. S. U. S. Financial Regulators to Discuss Stablecoins U. S. Treasury Secretary Janet Yellen announced yesterday that a meeting would be convened on July 19 to discuss stablecoins and their potential benefits and risks. дальше »

2021-7-17 20:00


Фото:

US Treasury Secretary Yellen Outlines Plans to Regulate Stablecoins in Collaboration With the Fed, SEC, CFTC

U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said […] дальше »

2021-7-17 18:30


Фото:

US Senator Urges Treasury Secretary Yellen to Take Action on Cryptocurrency Scams to Protect Investors

U.S. Senator Rick Scott has urged Treasury Secretary Janet Yellen to take action on cryptocurrency scams, which he said have risen 1,000% in the past year and cost consumers at least $80 million. “This is an unregulated industry, and the alarming amount of criminal activity surrounding cryptocurrency demands action,” he told Yellen. Senator Scott Alerts […] дальше »

2021-5-30 19:00