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13 Jun 23

Circle CEO urges Congress to lead stablecoin regulation

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Circle CEO Jeremy Allaire is set to testify before the US House Financial Services Committee today, urging lawmakers to prioritize the primacy of the US dollar and pass essential stablecoin legislation. In a June 12 blog post, Allaire unveiled his prepared […]

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05 Jun 23

UK parliamentary group urges caution over UK CBDC

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A report released by the U.K.’s All Party Parliamentary Group on crypto and digital assets urges the government to carefully consider the introduction of a CBDC, or “digital pound.” In a comprehensive analysis of CBDCs, the U.K.’s All Party Parliamentary Group […]

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25 May 23

Norges Bank urges nation to forge ahead with national crypto regulation

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In a recently published report, Norway’s central bank, Norges Bank, has put forth a proposal, urging policymakers to carefully consider the creation of a comprehensive national strategy for regulating cryptocurrencies. The report emphasizes the importance of leveraging existing regulations that address […]

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21 May 23

Analyst urges investment in bitcoin and treasuries, warns of US bank risks

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied In his latest interview on Stansberry Research with Daniela Cambone, Macro Guru Hugh Hendry, expanded his views on the U.S. banking system amid the uncertainty surrounding the financial sector. Specifically, he urged people to consider bitcoin (BTC) as part of their investment. […]

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26 Apr 23

US CFTC official urges elimination of crypto privacy

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied U.S. Commodity Futures Trading Commission (CFTC) commissioner Christy Goldsmith Romero has highlighted the risks associated with cryptocurrencies at the City Week conference in London. Romero pointed out the dangers of digital currency being used for illicit funding, such as drug trafficking, […]

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20 Mar 23

Ron DeSantis urges for the prohibition of CBDCs

Governor of Florida, Ron DeSantis, pledges to ban the use of central bank digital currencies in Florida. Florida’s Governor, Ron DeSantis, has recently voiced his apprehension regarding the potential adverse effects of central bank digital currencies (CBDCs) on the state’s financial landscape. He has advocated for introducing restrictions to prevent the circulation of these digital […]

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14 Mar 23

Biden urges US citizens to trust banks amid ongoing collapse

Following the Silicon Valley Bank collapse, US President Joe Biden sought to portray calm on March 13 by assuring US citizens that the country’s financial and banking systems are secure. In a move that has sent shockwaves throughout the banking industry, The Federal Deposit Insurance Corporation (FDIC) took possession of Silicon Valley Bank’s assets on […]

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06 Jan 23

French central bank exec urges to license crypto firms before MiCA

In what may be a setback for a sector looking to establish its foothold in Europe, Bank of France Governor Francois Villeroy de Galhau has suggested stricter regulatory standards for cryptocurrency firms. Villeroy’s request follows a recent amendment by Hervé Maurey, a member of the Senate Finance Commission, to remove a provision allowing businesses to […]

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