Diem struggling to win over officials in Washington despite rebranding efforts
Diem’s push to launch stablecoins and a global payment system might suffer from the seemingly brewing anti-crypto sentiment among key U.S. policymakers.
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India’s Cryptocurrency Legislation Will Be ‘Distinct and Unique,’ Says Lawmaker
The chairman of India’s Parliamentary Standing Committee on Finance explains that cryptocurrency legislation in India will be “distinct and unique.” He added, “We have to balance stability and growth but…
Afterpay ‘absolutely’ keen to explore crypto services after regulations clarified
Afterpay spoke as part of the Senate inquiry into “Australia as a Technology and Financial Center” and Lee Hatton said there would be enough consumer demand to offer crypto services.
SEC threatens to sue Coinbase over crypto yield program it considers a security
"They refuse to tell us why they think it's a security, and instead subpoena a bunch of records from us,” said Brian Armstrong after he revealed that the SEC threatened…
Report: Nigerian Securities and Exchange Commission Sets Up Fintech Division for Crypto Research
Nigeria’s securities regulator, the Nigerian Securities and Exchange Commission (SEC) has set up a fintech division “to study crypto investments.” This was revealed by Lamido Yuguda, the director-general of the…
Crypto Assets: Securities or Commodities? Commissioner Explains How They Are Regulated in US
A commissioner with the U.S. Commodity Futures Trading Commission (CFTC) has detailed how crypto assets are regulated in the U.S. and whether they fall under the jurisdiction of the CFTC…
Charles Hoskinson responds to criticism over Cardano’s Confirm partnership
Weiss Crypto, the subsidiary of financial ratings firm Weiss Ratings slammed Cardano’s partnership with Confirm, describing it as a “bad move all around.”
SEC boss says DeFi platforms are ‘highly centralized’ and will need to register
SEC chairman Gary Gensler stated that many DeFi projects are “highly” centralized in certain aspects, as they are developed by a “core group of folks” who are incentivized to promote…