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Category: regulation

March 1, 2021

‘Play by the rules or we will shut you down,’ says NY AG to crypto industry

Letitia James said her office was "sending a clear message to the entire industry." New York Attorney General Letitia James is advising members of the crypto industry and investors to stay vigilant against participating in or becoming a victim of illegal activities. …
February 24, 2021

Fed chair says it’s up to Congress to bring a digital dollar to market

Jerome Powell added that the Federal Reserve needs to consider the health of other markets when creating a digital currency.…
February 24, 2021

All of the Federal Reserve’s wire and ACH systems are down

"A Federal Reserve operational error resulted in disruption of service in several business lines," said Jim Strader from the Richmond Fed.…
February 23, 2021

DeFi will provide good regulatory test for SEC, says Commissioner Peirce

The SEC commissioner described the DeFi space as "a work in process" but overall "alluring." Hester Peirce, the commissioner for the U.S.…
February 22, 2021

US Treasury Secretary floats idea of digital dollar maintained by the Fed

She still questioned how regulators would "manage money laundering and illicit finance issues" with digital currencies.…
February 18, 2021

Debut Canadian Bitcoin ETF nears $100 million in volume in first few hours of trading

Investors are signaling clear demand for the first Bitcoin ETF in Canada, but an American product remains far out on the horizon.…
February 17, 2021

Bitcoin ETF approval more likely under new SEC leadership, says Ark Invest CEO

"I think the probability of an ETF has gone up," said Cathie Wood Ark Investment Management founder and CEO Cathie Wood said the likelihood that U.S.…
February 16, 2021

People don’t want a ‘non-uniform currency’ like Bitcoin, says Fed president

"It's going to be a dollar economy as far as the eye can see," said James Bullard.…
February 15, 2021

From ‘not money’ to ‘staggeringly great’: what US Presidents have said about crypto and blockchain

"I don't have Bitcoin, and I'll never ask you to send me any," said Joe Biden.…
February 11, 2021

Powers On… The battle for digital asset supremacy and the consequences of U.S. capitulation

Why is the U.S. dragging its heels on crypto and blockchain regulation, as the rest of the world forges ahead with financial innovation?…
February 9, 2021

ECB leader floats 3K threshold for digital euro holdings

The central bank said it will reach a decision on releasing a digital euro "towards the middle of 2021."…
February 9, 2021

Crypto-friendly US senator invites Elon Musk to move to Wyoming

Saying the state has "the best laws for digital assets" in the United States, Senator Lummis asked the Tesla CEO if he would consider relocating.…

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