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‘Crypto mom’ disagrees with SEC over Kraken’s staking ban 

SEC Commissioner Hester Peirce, known to the community as Crypto Mom, has criticized the agency for taking enforcement action against Kraken exchange and shutting down its crypto staking product following a $30 million settlement.  The United States Securities and Exchange (SEC) commissioner Hester Peirce has disagreed with the dreaded regulator over its latest enforcement action […]
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Charlie Munger knocks crypto, wants US ban

Charlie Munger, a 99-year-old billionaire and strong crypto critic, has elicited virile reactions from the online crypto community for being unnecessarily critical with his request to have the U.S. replicate the Chinese crypto ban.  A handful of comments on Munger’s Wall Street Journal opinion piece stated that his anti-crypto comments and his reference to China […]
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Former PBOC member criticizes China’s ban on crypto

Huang Yiping, a former monetary policy member of the People’s Bank Of China (PBoC), has expressed concerns about China missing out on financial development opportunities following the nation’s ban on cryptocurrencies.  Cryptocurrency adoption linked to development opportunities, says ex-PBoC member  While the PBoC had reasons to ban virtual currency activities, Yiping notes that the central […]
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Irish Central Bank head wants crypto ad ban

The head of the Central Bank of Ireland, Gabriel Makhlouf, has advocated for a ban on cryptocurrency-related advertising.  Cryptocurrency ads associated with ‘ponzi schemes’ Makhlouf believes that investing in cryptocurrencies that are not backed by any traditional assets is gambling and claims that advertisements that promote cryptocurrency projects often expose investors to high-risk investments and […]
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Japans 1 Trillion Crypto Market May Ease Onerous Listing Rules

Japan to lift its ban on foreign stablecoins in 2023

Japan’s Financial Services Agency (FSA) is set to lift the ban on foreign-issued stablecoins in 2023. The newly revised stablecoin act aims to regulate all virtual currencies and limit their issuance to banks and fund transfer companies, which can present collateral assets. The FSA plans for stablecoins in Japan would give domestic entities the power […]
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