U.S Fact Sheet On Global Crypto Regulation; Here’s What We Know
The U.S Treasury Department has published a fact sheet which lays a framework for international engagement related to crypto. This fact sheet was published on Thursday. It lays out how U.S plans on working with several foreign regulators to take up matters related to the crypto industry. This fact sheet is the first report published […]
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United States President Joe Biden has passed an executive order on crypto, which is called “Ensuring Responsible Development of Digital Assets. After this, the federal agencies introduced a joint fact sheet on six principal directions for regulation in the U.S. Joe Biden’s administration has earlier lobbied for more control and increased laws on cryptocurrencies owing […]
The fact sheet sums up the efforts of nine federal agencies’ research over the past six months. Following United States President Joe Biden’s executive order on Ensuring Responsible Development of Digital Assets, federal agencies came up with a joint fact sheet on six principal directions for the crypto regulation in the U.S. It sums up the content of nine separate reports, which have been submitted to the President to “articulate a clear framework for responsible digital asset development and pave the way for further action at home and abroad.”The fact sheet was published on the White....
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U.S. would “ultimately be very positive” for bitcoin or other crypto assets. It will also be more accommodating than China’s authoritarian approach to crypto regulation. US Regulation Would ‘Ultimately Be Very Positive’ for Mass Adoption of Bitcoin, Cryptocurrencies Christopher Wood, Head of Global Equity Strategy at Jefferies, discussed cryptocurrency regulation in his most recent weekly research note, Greed & Fear.....
The president of the European Central Bank (ECB), Christine Lagarde, has called for the global regulation of bitcoin. She said that bitcoin is a highly speculative asset and has “conducted some funny business.” Emphasizing the need for countries to work together to regulate bitcoin, she suggested that the crypto regulation could be “initiated by the G7, moved into the G20 and then enlarged.” ECB Chief Calls for Bitcoin Regulation Globally ECB President Christine Lagarde said in an interview at the Reuters Next conference Wednesday that bitcoin is “a....
The story between cryptocurrency exchanges Binance and FTX has quickly unfolded and caused havoc in the crypto market, here’s a breakdown of where it began and where it is now. All dates are Coordinated Universal Time (UTC).Nov. 2 — Reports SBF-founded company held significant amounts of FTTThe saga kicked off on Nov. 2 after reports that a leaked balance sheet from the Sam Bankman-Fried-founded trading firm Alameda Research suggested the company held a significant amount of FTX Token (FTT), the native token of the FTX cryptocurrency exchange.A large trading firm holding so much of one....