SEC Chair Paul Atkins Unveils Plans for President’s Digital Assets Group
The United States just sent a big signal to the crypto world. SEC Chair Paul Atkins has announced the launch of the President’s Digital Assets Group. The goal is to move away from the old ‘regulation by enforcement’ approach and set clear, workable rules for digital assets. Atkins made the announcement at the Wyoming Blockchain […]
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As positive shifts in cryptocurrency regulation unfold under President Donald Trump’s second administration, speculation is mounting regarding the potential approval of spot XRP ETF applications. This anticipation is fueled by significant changes at the US Securities and Exchange Commission (SEC), particularly the appointment of Paul Atkins as the new chair. Known for his pro-crypto stance, […]
Soon after the Ripple settlement, the U.S. Securities and Exchange Commission (SEC) began taking new steps to set crypto rules in the country. With a focus on proactive oversight and clearer standards for companies and investors, SEC Chair Paul Atkins says the agency is following President Donald Trump’s plan to make America the world’s crypto […]
US Senator Elizabeth Warren sent a letter to Securities and Exchange Commission (SEC) Chairman nominee Paul Atkins questioning his call for less strict crypto regulations and potential conflicts of interest. The inquiry precedes his upcoming Senate Banking Committee hearing. Related Reading: US Treasury Faces Backlash Over Attempt To Dismiss Tornado Cash Case Without Final Ruling […]
“Stablecoins can certainly be a useful, efficient consumer-serving part of the financial system if they’re properly regulated,” said Jerome Powell. United States Federal Reserve chair Jerome Powell hinted that though the government agency should consider monitoring developments in the crypto space, he didn’t see cryptocurrencies as a financial stability concern for U.S. markets.Addressing a question on crypto from Michael Derby of the Wall Street Journal on Tuesday, Powell supported the conclusions of a report from the President’s Working Group on Financial Markets released on Nov. 1. The....
As China is actively testing its digital yuan, Russia is now planning to build and test a central bank digital currency, the digital ruble. Meanwhile, the Bank of Russia has proposed limiting the amount of bitcoin retail investors can buy. Russia’s Central Bank Plans Digital Ruble The central bank of Russia has outlined its plans to conduct an experiment using the digital ruble with a limited number of participants after public consultations, Izvestia publication reported last week. The Bank of Russia announced the development of the digital ruble and public consultations on its....