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US Senate banking chair floats possibility of banning crypto

United States Banking Committee chairman Sherrod Brown has suggested that the Securities Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) should perhaps consider a ban on cryptocurrencies.Brown’s comments were made during a Dec. 18 appearance on NBC’s “Meet the Press,” although the senator quickly added that a ban

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FTX ex-exec floats ‘cool token’ idea amid warning rebound may take years

Bitcoin (BTC) and cryptocurrency may “take years to recover” from the FTX scandal, one industry analyst warns.In a Twitter thread on Nov. 11, Filbfilb, co-founder of trading suite DecenTrader, said that the Terra debacle was itself still playing out.Filbfilb: “I’ve never seen such a debacle”The crypto industry is experiencing “a

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FTX exchange floats $1M prize for banks to accept stablecoins

Cryptocurrency derivatives exchange FTX is calling on banks to reach out and discuss the possibility of accepting stablecoins in exchange for a $1 million reward.In a Tuesday Twitter post, FTX said it was exploring forming relationships with banks in different regions to allow users to have “near-instant and near-free deposits

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Thailand’s Tourism Authority Floats Idea of Utility Token to Attract Crypto Holders: Report — CoinDesk

If developed, the token’s utility could facilitate the transfer of vouchers into TAT Coin, boosting liquidity among tourism operators.Sep 29, 2021 at 2:26 a.m. UTCUpdated Sep 29, 2021 at 2:26 a.m. UTCBangkok, Thailand's capital. (Florian Wehde on Unsplash) Source

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Mastercard, BNY Mellon Embrace Crypto; Amazon Floats ‘Digital Currency’ Project

Three trends1. Crypto infrastructure is being laid down across the banking, tech and financial sectors.BNY Mellon, the world’s biggest custodian bank, will allow customers to custody crypto by the end of the year. It’s working with unnamed outside partners to build out the offering, according to CryptoX’s Ian Allison.Mastercard plans

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