Fed Vice Chair warns banks about crypto liquidity, urges stablecoin regulation
Federal Reserve Bank Vice Chair Michael Barr said that banks accepting crypto deposits should be aware of their increased liquidity...
Regulations
Binance’s Changpeng Zhao Addresses Reuters, Says Inaccurate Reports Targeting Crypto Exchange
Binance CEO Changpeng Zhao (CZ) is speaking out on recent allegations in the media, saying that the exchange is being...
Ripple CEO Brad Garlinghouse Slams SEC, Says Regulator Has No Regard for Those Harmed by XRP Lawsuit
The chief executive of Ripple Labs is sounding off against the U.S. Securities and Exchange Commission (SEC), saying that the...
FTX CEO Sam Bankman-Fried Supports ‘Knowledge Tests’ for Retail Traders To Get Into Risky Trading Strategies
FTX CEO Sam Bankman-Fried is backing an idea suggested by Commodity Futures Trading Commission (CFTC) Commissioner Christy Goldsmith Romero aimed...
Japan looks to amend crypto KYC rules
The Japanese government passed a cabinet decision to revise six foreign exchange laws to better combat money laundering on Oct....
Macau’s Executive Council seeks to subject digital currencies to same regulations as fiat
MacauMacau’s Executive Council has submitted a draft of an umbrella regulatory framework that concerns the legal standardization of all currencies...
Man Faces 25 Years Behind Bars for Illegally Converting Bitcoin (BTC) to US Dollars in Money Laundering Scheme
A man from New York is facing 25 years in prison after being convicted of running an unlicensed money transmitting...
Federal Reserve Governor Expresses Skepticism About the Utility of a US Central Bank Digital Currency (CBDC)
One Federal Reserve governor isn’t convinced it is worth it for the US to develop a central bank digital currency...
SEC Chair Gary Gensler Argues US Commodity Regulator Should Have More Authority Over Stablecoins: Report
U.S. Securities and Exchange Commission (SEC) chair Gary Gensler is reportedly saying that the Commodity Futures Trading Commission (CFTC) should...
Several crypto exchanges reportedly block Russian users because of EU sanctions
Several crypto platforms like Blockchain.com, Crypto.com, and LocalBitcoins have reportedly banned Russian users from using their services, citing the new...
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