Crypto is just the tip of the iceberg, experts tell a U.S. House Financial Service subcommittee in testimony on payment systems and national security.
Month: September 2022
‘Fear of the unknown’ holds back TradFi investors from crypto — Bloomberg analyst
Bloomberg crypto analyst Jamie Coutts believes it’s a “missed opportunity” that traditional asset managers choose not the educate themselves on crypto.
Draft US stablecoin bill would ban new algo stablecoins for 2 years
It’s reported the bill’s definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it […]
Regulatory clarity will drive the next bull run — Hedge fund co-founder
As long as the regulation gives an institutional investor a very clear path to crypto, they’ll jump into the space, hedge fund co-founder CK Zheng […]
Tornado Cash is the latest chapter in the war against encryption
Government disdain for end-to-end encryption is nothing new. The effort to kill Tornado Cash is just the latest chapter in this age-old war.
Tether says new court order to produce USDT reserve backing is a ‘routine discovery matter’
The issue deals with a lawsuit that has been ongoing since October 2019.
Majority of crypto exchange leadership should be comprised of citizens, say Indonesian regulators
Officials with Indonesia’s Commodity Futures Trading Regulatory Agency could implement a rule for two-thirds of directors and commissioners at crypto firms to be citizens.
Binance receives green light for crypto services in Dubai
The new MVP License is a transition from a provisional license received under a new regulatory framework earlier this year.
JPMorgan CEO calls crypto ‘decentralized Ponzi schemes’
JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with “crypto tokens that you call currencies” on one side and “real” innovations […]
XRP price risks 30% decline despite Ripple’s legal win prospects
The Federal Reserve’s rate hike spree will likely spoil XRP’s most bullish fundamentals in years.