Key U.S. Lawmakers delay bipartisan bill to mitigate stablecoin risks to at least Sep. 2022. Lawmakers working on the yet-to-be-agreed-upon bill on behalf of House Financial Services Committee Chairwoman Maxine Waters (D. Calif) and Patrick […]
The International Monetary Fund (IMF) asserted that the cryptocurrency market downturn doesn’t threaten global financial stability. In a report released July 26, the international body highlighted Russia’s invasion of Ukraine and renewed COVID-19 lockdowns as […]
Grayscale CEO Michael Sonnenshein has told investors he is ready for a spot bitcoin exchange-traded fund (ETF) regardless of what the Securities and Exchange Commission (SEC) says. Grayscale’s application to convert its Grayscale Bitcoin Trust […]
Australian central bank governor Phillip Lowe said at a G20 event that regulated private tokens could be better than Central Bank Digital Currencies. The Hong Kong Monetary Authority Chief, who joined Lowe on a panel […]
U.K. Chancellor of the Exchequer Nadhim Zahawi laid out plans in the Financial Services and Markets bill to regulate stablecoins. The bill, presented at Parliament on July 20, 2022, gives the Bank of England the […]
Argentines turn to stablecoins as a hedge after the resignation of former Economy Minister Martin Guzman on Saturday. Guzman penned a resignation letter published on Twitter after months of infighting surrounding a renegotiated deal with […]
The Bank of England argues that there is potential for crypto to pose greater threats to financial stability with greater integration into the traditional finance system. The Financial Stability Report released by the Financial Policy […]
The governor of the central bank of Indonesia believes that cryptocurrencies have the potential to pose systemic risks, but can improve financial inclusion. Speaking at a G20 event in Bali, Governor Doni Primanto Joewono said […]
The United States has appealed to Japan to dial up the pressure on its cryptocurrency exchanges doing business with Russia. U.S. diplomats have asked Japanese officials to target crypto operations in Irkutsk, Siberia, where cool […]
The Bank of Israel is collaborating with the Hong Kong Monetary Authority in a trial for a new central bank digital currency. The joint CBDC project will utilize a two-tiered system, once it begins in […]
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