Cryptocurrency Analysis and News Portal
The Senator has embraced the term “anti-crypto” when describing her critical views of the space. However, her views rarely reflect that of the mainstream, even within the Democratic party. Advocates are already pushing back in preparation for the next election cycle. The Blockchain Association is building a pro-crypto army, and
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The New York Federal Reserve has published new rules for counterparties looking to use its money market balancer, casting uncertainty over intentions by stablecoin issuer Circle to use the Fed’s systems.In an April 25 statement, the New York Fed announced adjustments to its guidelines to determine which parties are eligible
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Funds structured as stablecoin issuer Circle’s Blackrock-managed USDC reserve fund “generally will be deemed ineligible” for the New York Federal Reserve’s reverse repurchase program under the new rules. Source
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We’re finally here: Consensus 2023. The team has packed it full of policy-related sessions. We’ll hear discussions ranging from global regulatory policy around crypto to how industry and lawmakers alike are approaching the question of privacy and privacy tool usage in crypto. I’m landing in Austin, Texas, today (Tuesday) –
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As crypto exchange Coinbase makes a push toward a sensible regulatory environment for the crypto space, the exchange launched a nonfungible token (NFT) collection to gain the community’s support. However, not everyone is excited about the move, with some not even sure if it will have any impact at all. On
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If you’re unfamiliar, Consensus is a three-day conference in Austin. It’s run by CryptoX, and it brings together major figures in crypto, finance, Web3, regulation, entertainment and more for three days. This year, it will take place April 26-28. Short of going to Austin or attending with a virtual ticket,
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Criticisms of the United States Securities and Exchange Commission (SEC) are mounting as the agency remains unrelenting in its war on crypto.On April 21, Web3 venture capital firm Paradigm published a policy piece on the problems with SEC registration.It claimed that SEC chair Gary Gensler’s “attempt to brute force crypto
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The G20 finance ministers and central bank governors have agreed that crypto regulation cannot be confined to one part of the world, said India’s finance minister. “Any action on crypto assets will have to be global,” she stressed, adding that the G20 finance chiefs’ discussion on crypto was “very substantive.” G20
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The International Monetary Fund’s (IMF) economic counselor has warned of the side effects of sharp monetary tightening. Noting that “Inflation is much stickier than anticipated,” he stressed that “financial risks have risen.” IMF Economist’s Warning Pierre-Olivier Gourinchas, Economic Counsellor and the Director of Research of the International Monetary Fund (IMF), shared his
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Washington’s “war in crypto” continues to occupy minds in the crypto industry. This week, CryptoX Chief Content Officer Michael Casey tackles the apparent rise in hostility from U.S. regulators from a different angle: revenge. Source
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