# Acting CoC Hsu: More crypto regulation is needed

# Acting CoC Hsu: More crypto regulation is needed

“# Acting CoC Hsu: More crypto regulation is needed ” In remarks given at the American Fintech Council’s 2021 Policy Summit, acting Comptroller of the Currency Michael J. Hsu called for greater regulation of universal crypto firms. “Large, universal crypto firms—especially issuers of highly-circulated stablecoins—should embrace comprehensive, consolidated supervision. At the same time, federal and…

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# EU central banks work on DLT-based asset settlement

# EU central banks work on DLT-based asset settlement

“# EU central banks work on DLT-based asset settlement ” European central banks ramp up their efforts to utilize distributed ledger technology (DLT), the foundation of blockchain, in central bank money settlements. Banca d’Italia and Deutsche Bundesbank, central banks of Italy and Germany, respectively, joined forces to work on settlements in central bank money of…

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# India’s top payment firm Paytm reportedly considers Bitcoin services

# India’s top payment firm Paytm reportedly considers Bitcoin services

“# India’s top payment firm Paytm reportedly considers Bitcoin services ” Paytm, India’s leading digital payments company, has said Thursday that it would consider Bitcoin services if the country’s regulatory framework for cryptocurrencies was more definite. Speaking to Haslinda Amin and Rishaad Salamat during an interview on Bloomberg TV, Paytm’s Chief Financial Officer Madhur Deora…

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