With this book, Jimmy Song and a group of seven writers intend to reduce the policymaker’s reliance on traditional media’s narrative on Bitcoin and cryptocurrencies.
Category: Regulation News
Cure for the itch: Deputizing blockchain to fight public corruption
If corrupt government officials try to delete files on the blockchain, “any change will be noticed immediately by other participants.”
Creating a pathway for crypto market growth through better regulation
The crypto industry as a whole needs to recognize the long-term problems inherent in the current lack of regulation and find ways to work with […]
US Financial Stability Oversight Council identifies stablecoins and cryptos as threats to financial system
“The Council recommends that state and federal regulators review available regulations and tools that could be applied to digital assets,” says the FSOC.
Ukrainian bank uses Stellar to launch electronic hryvnia pilot
Ukraine’s Ministry of Digital Transformation supports a Stellar-based private stablecoin project developed by a local bank.
Law Decoded: A different Congress hearing, Dec. 6–13
Direct exchanges between U.S. lawmakers and the crypto industry could be finally taking a constructive turn.
Six senators urge Treasury Secretary to clarify definition of broker in infrastructure law before 2022
According to the U.S. lawmakers, the infrastructure law contains an “overly-broad interpretation” of what a broker is and places the reporting burden on individuals who […]
Fed chair Jerome Powell says he isn’t concerned about crypto disrupting financial stability in the US
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell.
UK advertising watchdog bans crypto ads for Coinbase and Kraken
The ASA wants crypto firms to make it clear that past crypto rallies do not guarantee the same scenarios in future.
Crypto in the House: Execs on the march, US partisan politics and Web3
A largely proclaimatory meetup generated a positive response, with the industry appearing ready for a busy new year on the Hill.