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“I should’ve been ‘more careful’ about COVID messaging” Dr. Anthony Fauci admitted in a new interview that he should have been “much more careful” in his early messaging about the COVID-19 pandemic — saying he should have stressed “the uncertainty” at the time. The retiring director of the National Institute of Allergy and Infectious Diseases was asked Wednesday while…
” Tether commercial paper exposure now under $50M, says CTO “ Stablecoin issuer Tether (USDT) has nearly completely slashed its commercial paper holdings, with less than $50 million worth of commercial paper units as of Sept. 30, 2022. Tether CTO Paolo Ardoino made the announcement in an Oct. 3 tweet, adding also that Tether’s United…
” Japanese prime minister says gov’t investment in digital transformation will include Metaverse, NFTs “ Fumio Kishida, the prime minister of Japan since 2021, has said the government will be making efforts to promote Web3 services, including those dealing with nonfungible tokens, or NFTs, and the Metaverse. In an Oct. 3 speech before Japan’s National…
” The ‘Brussels Effect’ wields real influence over US crypto regulation “ The right to privacy is enshrined in many legal traditions around the world. In the United States, it’s protected by the Fourth Amendment; in the European Union, it falls under Article 8 of the European Convention for Human Rights. While definitions differ between…
” US Treasury yields are soaring, but what does it mean for markets and crypto? “ Across all tradeable markets and currencies, U.S. Treasuries — government bonds — have significant influence. In finance, any risk measurement is relative, meaning, if one insures a house, the maximum liability is set in some form of money. Similarly,…
” Biden’s cryptocurrency framework is a step in the right direction “ The White House released its first comprehensive framework this month for the Responsible Development of Digital Assets following President Joe Biden’s March 9 executive order. The order called for regulators to assess the industry and develop recommendations to safeguard investors while simultaneously promoting…
” The European Union is stifling stablecoin adoption “ The digital asset landscape in the European Union is evolving ahead of the passage of the Markets in Crypto-Assets (MiCA) regulation framework that aims to instill regulatory clarity around crypto assets. While well-intentioned, the current structure of MiCA may throttle innovation. But if a revised version of…
” California Gov. Newsom vetoes crypto licensing and regulatory framework “ Adding to the existing regulatory hurdles for the crypto ecosystems, California Governor Gavin Newsom refused to sign a bill that would establish a licensing and regulatory framework for digital assets. Assembly Bill 2269 sought to allow the issuance of operational licenses for crypto companies…
” Biden’s anemic crypto framework offered us nothing new “ The long-awaited cryptocurrency regulation framework released by President Joe Biden’s Treasury Department this month attempted to outline a plan for managing the burgeoning crypto industry. Unfortunately, the department’s assessment failed to embody more substance than a mere mission statement. While Biden’s administration appears to be…
” Framework to ban members of Congress and SCOTUS from trading stocks includes crypto provision “ Members of the United States House of Representatives and Senate as well as Supreme Court justices currently trading cryptocurrencies may have to stop HODLing while in office should a bill get enough votes. According to a framework released on…