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
South African Central Bank Governor Reiterates: ‘Crypto Is Not Currency’
The governor of the South African Reserve Bank (SARB), Lesetja Kganyago, has reiterated the central bank’s longstanding belief that cryptocurrencies like bitcoin are not currencies. According to Kganyago, crypto-assets, as…
ECB Vice President States Crypto Should Be Regulated Like Other Assets
European Central Bank (ECB) Vice President Luis De Guindos has stated he wants cryptocurrencies to be subject to the same rules that other assets are. The statements were offered in…
IMF: Bitcoin Is Privately Issued Crypto With Substantial Risks, Inadvisable as Legal Tender
The International Monetary Fund (IMF) says that crypto assets, like bitcoin, are privately issued with substantial risks, and “Making them equivalent to a national currency is an inadvisable shortcut.” 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…
FBI Helps to Train Nigerian Crypto Crime Investigators
The United States government through the FBI recently helped to run a training exercise whose goal is to enhance the capacity of Nigerian cryptocurrency crime investigators, the U.S. Mission Nigeria…
SEC reportedly contracts blockchain analytics firm to monitor DeFi industry
"The SEC is very keen on understanding what is happening in the world of smart contract-based digital assets," said Victor Fang.
‘Don’t kill crypto’ billboard goes up in Alabama in advance of House tackling infrastructure
"We want members of Congress to know that we'll be watching them and that we won't let them hide from their positions on this," said Evan Greer.
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…
El Salvador president announces infrastructure already being built ahead of country’s Bitcoin adoption
According to Nayib Bukele, there will be 200 ATMs and 50 branches capable of converting Bitcoin into U.S. dollars starting on Sept. 7.