ECB flags risk of financial contagion from US crypto push

ECB flags risk of financial contagion from US crypto push

The ECB is calling for changes to MiCA, only months after the regulatory framework was implemented. The European Central Bank (ECB) raised an alarm over potential fallout from aggressive US support for the crypto industry, warning that a surge in dollar-backed stablecoins could destabilize Europe’s financial system. According to a policy paper seen by Politico,…

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Coinbase Derivatives lists XRP futures

Coinbase Derivatives lists XRP futures

The futures contracts are regulated by the US CFTC and add to a growing list of crypto derivatives products available for retail and institutional investors. Coinbase has listed futures contracts for the XRP token on its US derivatives exchange, the cryptocurrency platform said on April 21. The contracts are overseen by the US Commodity Futures…

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Bitcoin up 33% since 2024 halving as institutions disrupt cycle

Bitcoin up 33% since 2024 halving as institutions disrupt cycle

Institutional investment and Bitcoin ETFs have accelerated the four-year Bitcoin halving cycle despite growing uncertainty fueled by global trade wars. Bitcoin holders are celebrating one year since the 2024 Bitcoin halving by praising BTC’s resilience amid a global trade war and suggesting an accelerated market cycle due to a growing institutional presence. The 2024 Bitcoin…

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‘Crypto is not communism’ — Exec slams BIS’ take on crypto

‘Crypto is not communism’ — Exec slams BIS’ take on crypto

The president of CoinFund says that the Bank for International Settlements “mix of fear, arrogance, or ignorance” poses a threat to the entire financial industry. The Bank for International Settlements’ (BIS) push to isolate crypto markets and its controversial recommendations on DeFi and stablecoins is “dangerous” for the entire financial system, warns the head of…

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Crypto industry is not experiencing regulatory capture — Attorney

Crypto industry is not experiencing regulatory capture — Attorney

Transparency, panel hearings, and public input are critical for healthy crypto regulations, attorney Brandon Ferrick told Cointelegraph. Brandon Ferrick, general counsel at Douro Labs, said that the Securities and Exchange Commission’s (SEC) openness to public input on crypto policy and their roundtable discussions are positive signs that the crypto industry is not currently experiencing regulatory…

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