New NY Gov. taps former Obama official to head state’s financial regulator
Adrienne Harris said she aims "to ensure we have a robust and fair financial system, and an equitable economy" in her role at the NYDFS.
Auto Added by WPeMatico
Let’s be clear: Blockchain technology is infrastructure
With continued dialogue between the blockchain industry and the U.S. Congress, there is still hope that regulatory legislation will arrive at a mutually beneficial resolution.
CFTC commissioner says agency has broad enforcement authority on crypto derivatives
"A trading platform that offers derivatives on digital assets to U.S. persons without registering, or in violation of CFTC trading rules, is subject to the CFTC’s enforcement authority," said Dawn…
81% of finance execs say blockchain has gone mainstream: Survey
Despite the finance service industry being bullish on blockchain and crypto, respondents still outlined cybersecurity as the greatest hurdle to mainstream adoption.
PayPal launches crypto services for UK customers
PayPal customers with verified identities will soon have access to crypto trading. However, crypto transactions for PayPal business accounts aren't yet supported.
Brazil’s central bank president endorses crypto regulation
Central bank head Roberto Campos Neto recognizes the demand for greater crypto regulation as the country evolves in the market.
Crypto-friendly CFTC commissioner Brian Quintenz reportedly plans to step down
Quintenz's 5-year term at the agency was originally scheduled to end in April 2020, but he has twice extended his departure.
Former SEC Chair Jay Clayton joins Fireblocks advisory board
In his new role, Clayton will aid Fireblocks in navigating the regulatory hurdles for developing and deploying digital asset infrastructure, especially around capital markets.
Charles Schwab Strategist Skeptical of Crypto — Puts Faith in Banking System, Federal Reserve
Charles Schwab’s chief investment strategist says she puts faith in the entire U.S. financial system, the banking system, the power of the central bank, and the Federal Reserve more than…
Treasury to the rescue? Officials to clarify crypto tax reporting rules in infrastructure bill: report
Speaking on condition of anonymity, an official has reportedly told Bloomberg that the Treasury Department is planning to clarify the definition of “broker” in the recently passed infrastructure bill.