Stablecoins, DeFi Likely to Be SEC’s Next Targets in U.S. Crypto Crackdown: Berenberg

2023-6-21 10:32

If USD Coin is targeted by regulators, the impact on Coinbase revenue could be significant, the report said

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impact regulators → Результатов: 52


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Crypto turmoil hasn’t impacted the wider financial system: SEC commissioner

US Securities and Exchange Commission (SEC) Commissioner Hester Peirce says the crypto sector is “too small” as it is to impact the broader financial system. In an interview with Bloomberg Surveillance on Thursday, the crypto-friendly SEC official also explained that regulators cannot decide on a regulatory approach just “based on price.

2022-7-29 23:41


Changpeng Zhao says clampdowns on crypto ads won’t affect demand significantly

Changpeng Zhao (CZ), the CEO of leading cryptocurrency exchange Binance, believes restrictions on crypto ads will not impact the demand for digital assets significantly. He said this earlier today during an interview with CNBC, adding that regulators are probably clamping down on crypto promotions because the demand is high at the moment.

2022-1-22 23:43


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Cryptocurrency Industry Debates Digital Dollar as Former Regulators Form Think Tank

Yesterday rumors circulated the internet that the US Federal Reserve will announce the creation of a digital dollar on the 16th. Although this cryptocurrency-like speculation turned out to be unfounded, they did spark some interesting takes about the impact a major global power digitizing their currency will truly have on the world.

2020-1-16 19:35


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Libra Roundup: G7 Voice Concerns, Senator Adds Support, New Study Emerges

Today, G7 countries have documented their concerns about the impact of stablecoins on the global monetary system, US Senator Michael Rounds has offered fresh words of support, and a new survey has emerged on Libra adoption 67% of Nigerian Businesses Would Welcome Libra While Facebook’s intention to launch a global digital currency sparked reactions among governments and regulators in developed countries, no-one has bothered to ask the opinion of potential users, especially in developing countries.

2019-10-18 14:00


‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month.

2019-6-12 20:00


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‘Best We Have’: Experts Call for Measured Reaction to New SEC Ethereum Comments

Cryptocurrency industry sources continue to debate the impact of fresh statements from US regulators over whether the Ethereum network’s ether (ETH) token is a security.   SEC Presents Concerted View On Ethereum After receiving a response to an enquiry from Jay Clayton, chairman of the US Securities and Exchange Commission (SEC), New York-based nonprofit Coin Center reignited a festering debate about cryptocurrency and securities obligations.

2019-3-13 16:00


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EtherDelta SEC Action Could Impact Entire Industry, Experts Warn

Legal figures engaging with cryptocurrency are warning over continued regulatory uncertainty impacting businesses after US regulators fined EtherDelta almost $400,000 November 8. EtherDelta Could Set Precedent EtherDelta, which operated since 2016 as a smart contract on Ethereum, fell victim to securities obligations under the US’ Securities and Exchange Commission (SEC), leaving owner Zachary Coburn liable for penalties totaling $388,000.

2018-11-9 14:00


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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24