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“# Too early to talk about using crypto for oil trading, says Putin ” Russian President Vladimir Putin believes that it’s “still premature” to use cryptocurrencies for settling trades of energy resources such as oil. The Russian president discussed potential use cases of cryptocurrencies in a Thursday CNBC interview following a plenary session of the…
“# Digital Pound Foundation launches to promote CBDC development in the UK ” The Digital Pound Foundation (DPF), a group of technology, innovation, and regulatory experts, has announced its launch as an independent non-profit organization in the U.K. According to a release issued on Thursday, the DPF will work to promote the implementation of a…
“# G7 leaders issue central bank digital currency guidelines ” Group of Seven advanced economic nations has been discussing central bank digital currencies (CBDCs) this week, concluding that they should “do no harm” and meet rigorous standards. Finance leaders from the G7 met in Washington on Oct. 13 to discuss central bank digital currencies and…
“# BoE deputy gov: regulators should pursue crypto as a ‘matter of urgency’ ” Jon Cunliffe, the deputy governor at the Bank of England for financial stability, said the risks of a growing crypto market on the financial system are “relatively limited” at the moment, but have the potential to grow very rapidly if regulators…
“# Crypto will generate more wealth than the internet, says Morgan Creek Capital CEO ” By laying the foundations of the internet of value, cryptocurrency and blockchain will generate more wealth than Web 1 and Web 2, said CEO of Morgan Creek Capital, Mark Yusko, in an exclusive interview with Cointelegraph. “We haven’t even gotten…
“# Estonian regulator wants to revoke all crypto exchange licenses ” Financial regulators in the Baltic country of Estonia want to revoke all crypto exchange licenses in an effort to start the entire regulatory regime anew. Matis Mäeker, head of the Estonian Financial Intelligence Unit (FIU), has urged the state to “turn the regulation to…
“# VC firm a16z pursuing crypto lobbying push in Washington ” Anthony Albanese, chief operating officer of Andreessen Horowitz’s (a16z) crypto division, and Katie Haun, general partner at the firm, are among a high-powered delegation from the venture capital giant who will engage with lawmakers and administration officials in the United States on crypto regulations….
“# Binance to suspend Chinese yuan from P2P platform in December ” Binance crypto exchange officially announced on Wednesday that the company will delist the Chinese yuan (CNY) from its peer-to-peer trading platform on Dec. 31. Alongside terminating yuan trading pairs, Binance will continue further restricting access to its platform for users from mainland China,…
“# SEC Chair Gary Gensler actually is pro-Bitcoin, Vault Equity CEO argues ” The founder of Vault Equity believes that United States regulators have a fair reason to be slow in approving a pure Bitcoin (BTC)-related exchange-traded fund (ETF). Vault Equity CEO and founder Tad Park voiced support for the U.S. Securities Exchange Commission (SEC) regarding…
“# New Australian ransomware plan allows for seizure of crypto ” Australian lawmakers are taking a tougher stance against ransomware with a new plan that increases penalties for offenders. The new measures and proposed Surveillance Legislation Amendment announced by the federal government on Oct. 13 come after a 60% surge in cyberattacks on Australian businesses…