Established stablecoin trading pairs have struggled to keep stable on crypto exchanges around the world. Here are the updates as the situation evolves.
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Category: Regulation News
CFTC commissioner appoints senior policy adviser experienced in digital asset regulation
Keaghan Ames worked at Credit Suisse for more than two years as vice president and head of U.S. regulatory policy, which included advising executives on […]
ECB lays out ‘anonymous’ digital euro as public opposes ‘slavecoins’
The ECB drops another working paper on the digital euro, causing more outrage from Europeans opposing a central bank digital currency.
Chairman of the Digital Euro Association: ‘The primary aim of the digital euro is still not clear’
Jonas Gross spoke with Cointelegraph about the digital euro’s risks for private banks and the goals of the ECB.
Stablecoins’ recent depegging is not a ‘real threat to financial stability,’ says Janet Yellen
Terra’s UST dropped as low as $0.29 and Tether’s USDT stablecoin briefly depegged from the dollar to hit $0.96 on Wednesday.
Crypto needs regulation but should be done right: Report and database
The absence of a well-defined regulatory landscape sows uncertainty in the crypto industry. What should the regulators do to set things right?
Could the SEC case against Ripple falter over a conflict of interest?
Newly discovered documents suggested a possible conflict of interest from a former SEC official when he made a speech about Ether, which some claim could […]
SEC’s Hester Peirce says new stablecoin regs need to allow room for failure
The SEC’s “crypto mom” Hester Peirce has said the regulatory “movement” around stablecoins needs to allow for “trial and error” and room for failure.
Shanghai court affirms that Bitcoin is virtual property, subject to property rights
A district court in Shanghai ruled on a Bitcoin owner’s right to compensation in a case involving an unpaid loan and decided on Bitcoin’s legal […]
US Senate confirms Jerome Powell for another four years as Fed chair
In a 80–19 vote in the Senate, U.S. lawmakers confirmed Jerome Powell as the next chair of the Federal Reserve System, where he will also […]