A New SEC Chair Who Actually Understands Bitcoin and Crypto?
After his most recent stint teaching about blockchain at MIT, former CFTC head Gary Gensler is reportedly the next SEC Chair.
On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell. The Fed Chair says as far as a U.S.-issued CBDC is concerned, it is “more important to get it right than to be first.” The IMF held a virtual panel that discussed digital currencies and cross-border payments on Monday morning. The panel was hosted by the IMF managing....
Former Fed Chair Janet Yellen is expected to be tapped to run the Treasury Department, where she would oversee federal agencies that impact crypto.
With Janet Yellen the presumptive Treasury Secretary, Biden's potential nominations to the U.S. regulatory apparatus will be critical. The crypto lobby seems to be cautiously optimistic about Biden's potential picks to lead the U.S.'s regulatory environment. That is, at least, according to a Thursday discussion hosted by TRM labs, featuring the executive directors of the Blockchain Association and Coin Center — respectively Kristin Smith and Jerry Brito. The pair got into a discussion of who they hope the Biden administration nominates to top regulatory agencies like the Securities and....
House Financial Services Chair Maxine Waters told President-elect Joe Biden to undo the OCC's crypto guidance after he takes office next year.
Chair of the Prop. 24 advisory board and crypto advocate, Andrew Yang, thinks it could set a new bar for data privacy rights across the U.S.