Regulation

uk-gov’t-is-hiring-a-central-bank-digital-currency-lead-for-treasury-team
Posted by | January 24, 2023
UK gov’t is hiring a central bank digital currency lead for Treasury team

The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda. 254 Total views 11 Total shares Own...

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eu-lawmakers-vote-for-more-restrictive-capital-requirements-on-banks-holding-crypto
Posted by | January 24, 2023
EU lawmakers vote for more restrictive capital requirements on banks holding crypto

Banks could be required to hold a “risk-weighted exposure amount” of up to 1,250% of capital based on exposure to crypto if the full parliament passes the measures. 1033 Total...

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ethereum-price-rally-under-question-after-eth-slams-into-resistance-at-$1.6k
Posted by | January 18, 2023
Ethereum price rally under question after ETH slams into resistance at $1.6K

Ethereum (ETH) price is struggling to overcome resistance at $1,600 and this is the altcoin’s third attempt since September 2022. Some would say the 33% year-to-date rally could be interpreted...

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here-is-why-bitcoin-price-gave-back-all-its-intraday-gains
Posted by | December 14, 2022
Here is why Bitcoin price gave back all its intraday gains

BTC price retraced all of its intraday gains after Fed chair Jerome Powell issued hawkish statements related to the central bank's 50 basis point interest rate hike. 2784 Total views...

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financial-stability-board-aims-to-address-crypto-related-risks-following-ftx’s-collapse
Posted by | December 6, 2022
Financial Stability Board aims to address crypto-related risks following FTX’s collapse

Though the international board can make recommendations to global policymakers, it largely acts as an advisory body with no enforcement authority. 2531 Total views 7 Total shares Own this piece...

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ny-fed-launches-12-week-cbdc-pilot-program-with-major-banks
Posted by | November 15, 2022
NY Fed launches 12-week CBDC pilot program with major banks

Banking giants including BNY Mellon, Citi, U.S. Bank and Wells Fargo will be issuing tokens and settling transactions through simulated central bank reserves as part of the pilot. 2804 Total...

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ftx-ceo-sam-bankman-fried-supports-‘knowledge-tests’-for-retail-traders-to-get-into-risky-trading-strategies
Posted by | October 17, 2022
FTX CEO Sam Bankman-Fried Supports ‘Knowledge Tests’ for Retail Traders To Get Into Risky Trading Strategies

FTX CEO Sam Bankman-Fried is backing an idea suggested by Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero aimed at protecting small-scale investors.  Romero wants to adopt a new...

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blockchain.com-receives-in-principle-approval-from-monetary-authority-of-singapore
Posted by | October 12, 2022
Blockchain.com Receives In-Principle Approval from Monetary Authority of Singapore

Blockchain.com has secured an in-principle approval for the Major Payment Institution License offering Digital Payment Token services from the Monetary Authority of Singapore (MAS). With this preliminary approval, Blockchain.com Singapore...

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nexo-risks-50%-drop-due-to-regulatory-pressure-and-investor-concerns
Posted by | September 30, 2022
NEXO risks 50% drop due to regulatory pressure and investor concerns

Crypto lending firm Nexo is at risk of losing half of the valuation of its native token by the end of 2022 as doubts about its potential insolvency grow in the...

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3-reasons-why-bitcoin’s-drop-to-$21k-and-the-marketwide-sell-off-could-be-worse-than-you-think
Posted by | August 19, 2022
3 reasons why Bitcoin’s drop to $21K and the marketwide sell-off could be worse than you think

On Aug. 19, the total crypto market capitalization dropped by 9.1%. But, more importantly, the all-important $1 trillion psychological support was tapped. The market’s latest venture below this just three...

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