Regulations

A nonpartisan Congressional research agency is hinting that stablecoin regulations are becoming more likely following the recent disintegration of TerraUSD (UST). In a new report by the Congressional Research Service, the…

Birgit Rodolphe, a senior executive at German financial services regulator BaFIN, has called for the regulation of decentralized finance. She cited the risks of fraud and hacks as enough reason to regulate the sector.According to Rodolphe,…

UK’s exchequer has just affirmed its vow to regulate stablecoins to create a healthy environment for stablecoin issuers and service providers, given the recent TerraUSD (UST) and Terra (LUNA) market crash.While panic and uncertainty still…

EU regulators are using the recent Terra Luna situation to push forward with a Digital Euro CBDC.Many will see the volatility created by the attack on the algorithmically backed stablecoin, UST, as a reason to increase the regulation of…

Date – 4-5 May, 2022Venue – Parklane, Limassol, Cyprus Official website - https://blockchain-fest.com A luxury spa & resort hotel in Limassol Parklane gathered the brightest and most influential minds in the crypto space on…

U.S. Securities and Exchange Commission (SEC) official Hester Peirce says future stablecoin regulation needs to allow room for “failure” amid the collapse of Terra (LUNA) this week. While speaking at the annual Digital Monetary…

The markets are rocked. Many of you will check your portfolios and ask why you have lost over 50% of your net worth? The answer is, for once, not FUD coming out of China, Europe, or the SEC.The fear, uncertainty, and doubt among retail and…

Last week, the crypto community was taken aback as the Central Bank of Argentina moved to prohibit retail banks from providing Bitcoin and cryptocurrency services. In the release, the CBoA said risks are associated with using digital…

Pro-crypto commissioner of the Securities and Exchange Commission (SEC) Hester Peirce, popularly known as crypto mom, said there might be some developments towards stablecoin regulation soon, according to a Reuters report.Pierce commented…

Crypto asset manager Grayscale is attempting to convince the U.S. Securities and Exchange Commission (SEC) to approve the first-ever spot market Bitcoin (BTC) exchange-traded fund (ETF). According to a new report by CNBC, Grayscale…

U.S. Secretary of the Treasury Janet Yellen is calling for legislation that will regulate stablecoins to eradicate the risks she believes they pose to financial stability. While testifying before the U.S. Senate Committee on…

The Chief Executive Officer of MicroStrategy and Bitcoin maximalist Michael Saylor has expressed excitement about the U.S. Financial Accounting Standards Board (FASB) decision to review rules for crypto.Congratulations to the #Bitcoin…

Coinbase CEO Brian Armstrong is assuring investors the crypto exchange is not facing bankruptcy risks amid concerns over the firm’s latest 10-Q filing. The 10-Q form filed by Coinbase with the Securities Exchange Commission (SEC)…

U.S. Securities and Exchange Commission (SEC) chair Gary Gensler says the way crypto exchanges are structured could work to the disadvantage of users. In a new Bloomberg report, Gensler notes that, unlike traditional finance,…

A lawyer and crypto legal expert says that a breach of ethics could mark the end of the U.S. Securities and Exchange Commission’s (SEC) lawsuit against Ripple Labs. Attorney John Deaton points to documents uncovered by an…

Crypto exchange Coinbase is backing out of a move to bring its services to India citing heavy pressure from the nation’s central bank. In the latest earnings call, Coinbase CEO Brian Armstrong says that the exchange had to halt its…

The U.S. Federal Reserve is voicing concerns about the viability of cryptocurrency stablecoins and is suggesting the utility of government-backed alternatives. In a wide-ranging report discussing financial stability across numerous…

Macro guru and Real Vision CEO Raoul Pal says the recent issues with Terra’s algorithmic stablecoin, UST, may lead to new stablecoin regulation. In a new interview with Bankless, the former Goldman Sachs executive says UST’s recent…

The US government is continuing to crack down on illicit crypto activity by targeting a website that it says obfuscates transaction data. In a new press release, the U.S. Department of the Treasury says the Office of Foreign Assets…

The governor of the largest US state by population is signing an executive order to boost and regulate blockchain technology within the state. Governor Gavin Newsom of California signed an executive order on Wednesday, April 5, to…