Cryptocurrency Analysis and News Portal
The reality is, this industry doesn't even know that the Fed wants to hear from them, let alone how to talk to the Fed. The simplest way I would implore your audience [to do] is, number one, our virtual door’s open. If you have a contact or you know how
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Bank of England Governor Andrew Bailey has said that crypto has no intrinsic value following the implosion of crypto lending platform Celsius. Original Source
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The Indian government’s chief economic adviser has warned about innovations like crypto and decentralized finance (defi) in the absence of regulation. “We may not be fully aware or comprehend the kind of forces we are unleashing ourselves,” he opined. Indian Government’s Chief Economic Adviser Skeptical of Crypto, Defi, Decentralization The Indian government’s
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While the CFTC may oversee the most market share, because it would have authority over the trading of the largest cryptocurrencies such as bitcoin (BTC) and ether (ETH), the SEC would have the “sheer numbers,” Lummis said, including the crypto efforts she said would “be the larger perpetrators of fraud.” Source
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As fears surrounding the Coinbase exchange run wild, Paul Grewal, the chief legal officer of Coinbase, assured customers that their funds are safe within the exchange. In an SEC disclosure made by Coinbase back in May, certain parts of the document mentioned that in the case of bankruptcy, crypto-assets held in
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Cryptocurrency custody firm Fireblocks hired Varun Paul, the former head of fintech at the Bank of England, as its first director of central bank digital currency (CBDC) and market infrastructure. Source
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Authorities in Belarus have mastered the seizure of cryptocurrencies, the head of the country’s Investigative Committee revealed in a recent interview. The high-ranking law enforcement official claims the state has already confiscated crypto assets worth millions of dollars. Companies Allegedly Help Belarus Government With Crypto Seizure Belarus had to deal with
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Michael Hsu, who runs the U.S. Office of the Comptroller of the Currency, said the recent fiery collapse of TerraUSD (UST) and the wider drama that came with it should serve as a “wake-up call” to the industry, which he argued has grown too fast. Source
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“There’s a lot of talk when you talk to other regulators, I think most particularly in the federal government, about a ‘race to the bottom,’ that states will regulate differently, and those with lower standards are going to attract more companies,” Harris said. “But we haven’t really seen that play
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“[Renata] offers extensive experience in financial regulation leading finance, clearing, treasury and operations for broker dealers and brokerage firms across multiple asset classes including digital assets, securities, regulated futures contracts, foreign exchange products, derivative financial instruments and more,” said Shy Datika, co-founder and CEO of INX, in the press release.
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