# Indian trade group recommends ‘special class security’ status for crypto

# Indian trade group recommends ‘special class security’ status for crypto

“# Indian trade group recommends ‘special class security’ status for crypto ” The Confederation of Indian Industries (CII), a non-government trade association and advocacy group, has proposed to treat cryptocurrencies as securities of a special class.  The trade association released a report titled “Cryptocurrencies, Crypto Tokens/Assets & Regulations: The Way Forward” where it advocates for…

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# ‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO

# ‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO

“# ‘Nation should not compensate investors for crypto losses’ says UK’s Financial Conduct Authority CEO ” On Wednesday, Nikhil Rathi, CEO of the United Kingdom’s Financial Conduct Authority, or FCA, issued the following statement to the Treasury Committee when asked about the risks of the much-unregulated cryptocurrency sector in the country: When we talk about…

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# Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance

# Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance

“# Japan’s financial regulators may propose legislation in 2022 restricting stablecoin issuance ” According to The Nihon Keizai Shimbun (Nikkei), one of the world’s largest financial newspapers and the entity behind the Nikkei 225 stock index, Japan’s Financial Services Agency, or FSA, will propose legislation next year restricting stablecoin issuance to only bank and wire…

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# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block

# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block

“# We are seeing ‘10x growth in terms of the number of nonprofits accepting crypto,’ says Alex Wilson of The Giving Block ” With the market capitalization of digital currencies surpassing $2 trillion, there is now record interest in crypto philanthropy. From helping to build a school in Uganda to fundraising for frontline healthcare workers and raising awareness…

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# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report

“# Biden is considering law professor, Fed president, and former CFPB director to fill 3 seats on Federal Reserve: Report ” The White House has reportedly begun interviews with possible candidates to fill the empty seats on the board of governors of the Federal Reserve System in 2022.  According to a Wednesday report from Bloomberg…

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