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Tag: regulation

# Republican Kevin McCarthy says Fed chair needs more education on crypto
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# Republican Kevin McCarthy says Fed chair needs more education on crypto

Admin5 years ago04 mins

“# Republican Kevin McCarthy says Fed chair needs more education on crypto ” Kevin McCarthy, the minority leader in the U.S. House of Representatives, hinted that both the current Secretary of the Treasury and chair of the Federal Reserve may need to reevaluate their positions on crypto. Speaking on CNBC’s Squawk Box this morning, host…

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# 5 largest regulated US digital asset managers hold over B of crypto
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# 5 largest regulated US digital asset managers hold over $46B of crypto

Admin5 years ago07 mins

“# 5 largest regulated US digital asset managers hold over $46B of crypto ” Cointelegraph Consulting’s 2021 ranking of the top five United States-based regulated crypto asset management firms highlights that Bitcoin’s explosive growth in price has catapulted many digital asset managers past the half-billion-dollar mark.  As more and more investors are turning to the…

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# Galaxy Digital submits Bitcoin ETF application with SEC
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# Galaxy Digital submits Bitcoin ETF application with SEC

Admin5 years ago03 mins

“# Galaxy Digital submits Bitcoin ETF application with SEC ” Galaxy Digital has submitted a Bitcoin (BTC) exchange-traded fu filing with the United States Securities and Exchange Commission. According to the form S-1 published by the SEC on Monday, the Galaxy Bitcoin ETF — if approved — will trade on the NYSE Arca exchange, with…

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# Why cryptocurrency is booming in India despite national ban fears
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# Why cryptocurrency is booming in India despite national ban fears

Admin5 years ago07 mins

“# Why cryptocurrency is booming in India despite national ban fears ” India has been the subject of intense speculation regarding the future legal status of Bitcoin (BTC) and other cryptocurrencies in recent months. Speculation went into overdrive in February when an anonymous Indian minister told Bloomberg that a nationwide blanket ban on cryptocurrency was…

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# How the digital yuan stablecoin impacts crypto in China: Experts answer
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# How the digital yuan stablecoin impacts crypto in China: Experts answer

Admin5 years ago016 mins

“# How the digital yuan stablecoin impacts crypto in China: Experts answer ” This is part one of a multipart series on blockchain and crypto in China. China has been discussing the possibilities of national digital currency for half a decade, and the Chinese digital yuan project — referred to as the Digital Currency Electronic…

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# Terrorists still raise money through crypto, but the impact is limited
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# Terrorists still raise money through crypto, but the impact is limited

Admin5 years ago016 mins

“# Terrorists still raise money through crypto, but the impact is limited ” We’re living today “amidst an explosion of risk related to fraud, money laundering, terrorist financing, and data privacy,” said United States Treasury Secretary Janet Yellen in February — and she specifically cited cryptocurrencies as a “tool to finance terrorism.” Yellen appeared to…

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# You don’t own me: XRP price surge defies SEC’s clamp-down on crypto
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# You don’t own me: XRP price surge defies SEC’s clamp-down on crypto

Admin5 years ago012 mins

“# You don’t own me: XRP price surge defies SEC’s clamp-down on crypto ” After the United States Securities and Exchange Commission initiated a lawsuit against Ripple alleging that the firm had been indulging in the sale of securities worth $1.3 billion, a number of prominent exchanges across the globe (including Coinbase, Kraken, OKCoin) proceeded…

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# Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor
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# Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor

Admin5 years ago04 mins

“# Pakistan’s central bank is ‘carefully studying’ CBDCs, says governor ” The Governor of the State Bank of Pakistan, Reza Baqir, has indicated that the institution is carefully studying the possibilities opened by central bank digital currencies, or CBDCs. In an interview with CNN reporter Julia Chatterley on April 8, Baqir noted that countries such…

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# Crypto wagering for online sports betting now legal in Wyoming
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# Crypto wagering for online sports betting now legal in Wyoming

Admin5 years ago04 mins

“# Crypto wagering for online sports betting now legal in Wyoming ” Wyoming has passed a new law legalizing online sports betting in the state with gamblers able to fund their accounts with bookmakers using cryptocurrencies. Governor Mark Gordon signed House Bill 133 into law on Monday, with new guidelines expected to take effect from…

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# Can a digital pound CBDC retake London’s financial hub status post-Brexit?
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# Can a digital pound CBDC retake London’s financial hub status post-Brexit?

Admin5 years ago04 mins

“# Can a digital pound CBDC retake London’s financial hub status post-Brexit? ” A financial think tank has suggested that Britain should adopt a digital pound in an effort to strengthen London’s status as a global trade center in the wake of Brexit. Previously the gravitational center-point of Europe’s financial sector, London saw much of…

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