Thursday, November 21, 2024
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International financial group finds gaps in digital euro legislative package

The Institute of International Finance (IIF) has published an assessment of the European Commission’s proposed legislation on the digital euro. It gave the bill middling marks.The IIF is a financial industry global advocacy group headquartered in Washington, D.C. with members in 60 countries. It rated the digital euro bill introduced

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US Senate committee hearing on FTX fail brings gaps in regulatory authority to light

United States Commodity Futures Trading Commission chair Rostin Behnam told a Senate Agriculture, Nutrition, and Forestry Committee meeting Dec. 1 that his agency’s regulations contain “core elements that have served the markets for decades.” But as the fallout from the FTX collapse gets sorted out, notable gaps in current legislation

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Bitcoin suddenly dives to $46K as attention focuses on large CME futures gaps

Bitcoin (BTC) began to show fresh signs of an impending correction on March 31 as BTC price action began to eat into last weekend's CME futures gap.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingViewUp or down, CME futures gaps provide targetsData from Cointelegraph Markets Pro and TradingView showed BTC/USD abruptly spiking down

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FSB Says Adoption of Global Stablecoin Regulations Shows ‘Gaps’ and ‘Fragmentation’

The Financial Stability Board (FSB) published a report Thursday outlining progress made, or lack thereof, by 48 jurisdictions on the “Regulation, Supervision, and Oversight of ‘Global Stablecoin’ Arrangements” since it was first introduced by the global watchdog last year.The FSB, an international body charged by the G20 for monitoring and

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Market Outlook: Bitcoin’s Inverse Head and Shoulders, Covid-19 Fears Decline, CME Futures Gaps

Digital currency markets have had a few lackluster days, as the entire crypto market valuation has dropped below the $200 billion mark on Monday. The following day on April 14, a number of cryptocurrencies have seen some slight gains between 2-9%. Meanwhile, global markets are reacting positively as many are

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