urges

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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 […]

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 […]

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 […]