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Tag: cryptocurrency regulation

How banks can face the normalization of crypto in 2022

Almost a decade ago, financial institutions, including banks, and most consumers were outrightly skeptical of the legitimacy of cryptocurrency. Fast forward to today, and cryptocurrency is everywhere, rapidly making its way into the mainstream – from LA’s iconic Staples Center now being renamed as Crypto.com Arena, to one of the country’s top politicians, Mayor Eric […]

CryptoRuble: Russia could use crypto to evade Western sanctions

After anticipating a turn of events for a while, the die is finally cast.…

The post CryptoRuble: Russia could use crypto to evade Western sanctions appeared first on Coin Journal.

Crypto industry masters Washington’s ‘revolving door’ as its influence grows

People are increasingly moving between jobs in crypto and the government agencies that police the industry, raising potential conflicts of interest that could undermine efforts to rein in the sector, according to a watchdog group. There have been nearly 240 instances of crypto’s so-called revolving door, where employees leave the government for the private sector […]

Russian finance minister to consider cryptocurrency proposals from the country’s central bank.

According to the Reuters report, Russia’s finance ministry on Monday said it would take proposals on cryptocurrencies from the country’s central bank into account so long as they do not contradict its own approach, paving the way for legislation governing cryptocurrencies. A simmering dispute over cryptocurrency regulation in Russia heated up on Friday as the […]

Read full post Russian finance minister to consider cryptocurrency proposals from the country’s central bank. on Chaintimes.com.

Which Regulators Are Shaping U.S. Crypto Policy?

Key Takeaways As crypto has grown, regulators have become more interested in monitoring the space. Several U.S. agencies, including the SEC, CFTC, and OCC,...

JPMorgan: Global Regulation Urgently Needed for Banks to Help Clients Invest in Crypto

JPMorgan: Global Regulatory Framework Urgently Needed for Banks to Help Clients Invest in CryptoA globally consistent crypto regulatory framework is urgently needed to allow banks to handle crypto assets on behalf of large customers, said a JPMorgan executive. “We need a globally consistent regulatory framework. It’s important that we get to a solution as quickly as possible.” Global Regulatory Framework Urgently Needed to Allow Banks to Offer Crypto […]

Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take Time

Switzerland’s Largest Bank UBS Expects US Crypto Legislation to Take TimeSwitzerland’s largest bank, UBS, expects the United States Congress to take a long time to pass cryptocurrency legislation despite mounting interest in crypto investments and regulators calling for Congress to weigh in on crypto legislation. Congress Could Take a Long Time on Crypto Legislation The largest bank in Switzerland, UBS, published its view on U.S. […]

SEC Chairman- “SEC Is Working With CFTC On Crypto Regulation”

The Commodity Futures Trading Commission (CFTC) has stated that it should be the primary body in charge of overseeing cryptocurrencies. According to Gensler, he and his staff are working to safeguard investors by better regulating the hundreds of new digital assets and currencies and overseeing the more well-known bitcoin and ether markets. For years, Wall

The post SEC Chairman- “SEC Is Working With CFTC On Crypto Regulation” appeared first on CoinGape.

US SEC chief says they are working on crypto regulations with CFTC.

US Securities Exchange Commission (SEC) Chief Gary Gensler said that the securities regulator is working with the Commodity Futures Trading Commission (CFTC) over crypto guidelines. What’s more, he also said that to ensure investor protection, the SEC is ‘trying to work with different crypto platforms, exchanges, lending platforms.’ In an interview with Bloomberg, SEC Chairman […]

“U.S. Is Working On Crypto Regulations”- SEC Chief Gary Gensler

SEC Chief Gary Gensler today said that the securities regulator is working together with the Commodity Futures Trading Commission (CFTC) over crypto guidelines. What’s more, he also said that to ensure investor protection, the SEC is ‘trying to work with different crypto platforms, exchanges, lending platforms’. In an interview with Bloomberg, SEC Chairman Gary Gensler

The post “U.S. Is Working On Crypto Regulations”- SEC Chief Gary Gensler appeared first on CoinGape.

Global Regulators ‘Going Full Steam’ on Crypto — Official Says ‘Current Structure Is No Longer Fit for the Purpose’

Global Regulators 'Going Full Steam' on Crypto Regulation — Official Says 'Current Structure Is No Longer Fit for the Purpose'Global regulators are “going full steam” on cryptocurrency regulation. “The current structure is no longer fit for the purpose with the development of cross-border digital market activities,” said the chairman of France’s markets watchdog AMF. Global Regulators Going Full Steam on Cryptocurrency Regulation Robert Ophèle, chairman of France’s markets watchdog, the Autorité des marchés financiers […]

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