Cryptocurrency Analysis and News Portal
Elizabeth McCaul, a supervisory board member of the European Central Bank (ECB), has called for additional oversight of crypto firms operating in a borderless state outside typical attempts at supervision.In an April 5 blog post, McCaul said there was currently no adequate regulatory or supervisory framework for crypto firms, but
Read More
The existing approach, accounting for crypto as so-called indefinite-lived intangible assets, only focuses on the assets dropping in value. According to the board’s proposal, it “does not reflect the underlying economics of those assets and does not provide decision-useful information.” Original Source
Read More
The executive board of the International Monetary Fund (IMF) has provided guidance for member countries to develop effective crypto policies. The board stressed the need to develop comprehensive crypto regulations to “better mitigate the risks posed by crypto assets while also harnessing the potential benefits of the technological innovation.” IMF
Read More
The IMF had previously stated that crypto assets could be used to escape capital control. The International Monetary Fund (IMF) leadership has “generally agreed” that crypto assets should not be passed as legal tender. The group published their conclusion on February 23 after discussing a board paper on “Elements of Effective Policies
Read More
The executive board of the International Monetary Fund (IMF) has assessed a paper on crypto asset policy published by the fund and expressed its agreement with its proposed policy framework. The paper, titled “Elements of Effective Policies for Crypto Assets,” developed a framework of nine policy principles that addressed macrofinancial, legal
Read More
Outright crypto bans aren’t ideal but shouldn’t be ruled out, the International Monetary Fund leadership said Source
Read More
“OneOf and many other companies are doing a lot more with [Web3] technology than just PFPs [profile pictures] this year. The work that we are doing with major corporations in banking, travel and entertainment are traditionally noncrypto companies,” Dai told CryptoX. “Having Steve in helping us and guiding us as
Read More
The Indian sports' stance follows last year's partnership between the International Cricket Council (ICC), which governs cricket worldwide, and the now-defunct FTX cryptocurrency exchange, as an official cryptocurrency exchange partner for ICC events. FTX logos were visible throughout the ICC's T20 Cricket World Cup, one of the most watched sporting
Read More
Robinhood’s board of directors has approved a plan to buy back the $578 million stake in their company which was bought by former FTX CEO Sam Bankman-Fried and FTX co-founder Gary Wang last year.Robinhood confirmed it got board approval to buy back the stake in its fourth quarter report, which was
Read More
Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a
Read More