2021-12-18 23:59 |
"The Council recommends that state and federal regulators review available regulations and tools that could be applied to digital assets," says the FSOC.
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China is considering establishing an exchange for trading digital assets in Beijing. As part of the State Council’s plan to support financial services in the capital, the exchange will also serve to promote the use of the digital yuan.
2021-11-26 14:25 | |
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Shinhan Bank is the first traditional financial institution in Korea to join the council,… The post South Korea’s Shinhan Bank joins Klatyn Governance Council appeared first on Coin Journal.
2021-7-6 13:44 | |
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Bitcoin miners were dealt a blow in May as the Financial Stability and Development Committee of the State Council of China announced further controls on financial risk. The post Could Paraguay emerge as a Bitcoin mining hub after China crackdown? appeared first on CryptoSlate.
2021-6-22 07:00 | |
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Financial advisor Ric Edelman, founder of Edelman Financial Engines and RIA Digital Assets Council, has recommended having bitcoin in investment portfolios despite the cryptocurrency’s volatility.
2021-6-22 00:30 | |
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According to a new announcement by the Chinese government, the country is looking to crack down on cryptocurrency mining. The Thursday statement, penned by the State Council’s Financial Stability and Development Committee chaired by Vice-Premier Liu He, comes just three days after regulators banned any financial institutions from doing any business related to cryptocurrencies.
2021-6-8 17:44 | |
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The Chinese government has doubled down on its anti-cryptocurrency regulations. Recent reports reveal that government officials called for a crackdown on bitcoin trading and mining activities. Another China FUD? In a meeting held on Friday (May 21, 2021), the Financial Stability and Development Committee of the State Council, headed by Liu He, vice Premier ofRead More
2021-5-22 01:00 | |
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According to the RIA Digital Assets Council, 80% of financial advisers receive questions from clients about bitcoin, but only 8% can adequately explain digital assets....
2021-4-1 07:38 | |
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The working group sends a strong signal that cryptocurrencies are becoming a permanent fixture in the global financial system.
2020-12-18 22:30 | |
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A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged.
2020-10-16 11:15 | |
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The National Council, which is the lower house of the Federal Assembly of Switzerland, has unanimously passed a legislative package amending a large chunk of the nation’s existing financial laws in a bid to crush possible legal barriers and enable crypto and blockchain startups to flourish more, according to reports on July 1, 2020.
2020-7-2 23:00 | |
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At the Inside ETFs conference in Florida, Ric Edelman of Edelman Financial Engines and the RIA Digital Assets Council spoke about why advisors should not disregard Bitcoin, cryptocurrencies or blockchThe post Edelman urges advisors to invest 2% client funds in Bitcoin appeared first on AMBCrypto.
2020-1-28 19:00 | |
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The Swiss government has knocked the proposal of creating a central bank digital currency off the table in response to the Swiss Parliament requesting the government to look into the prospects of creaThe post Switzerland's Federal Council states CBDCs may risk financial stability appeared first on AMBCrypto.
2019-12-13 17:38 | |
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European Central Bank (ECB) executive board nominee and member of the German Council of Economic Experts, Isabel Schnabel, recently remarked at a European Parliament hearing that “This scapegoating [of the ECB] is extremely dangerous: it may damage the trust in the euro.
2019-12-6 23:14 | |
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Just recently, the Financial Stability Oversight Council (FSOC) issued a report to the public citing the problems resulting from the growing stablecoin adoption. The FSOC is a United States federal government organization which was signed into law in July 2010 by President Barack Obama.
2019-12-6 22:42 | |
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Senior U.S. financial regulators warn that stablecoins pose risks to the economy in an annual report from the Financial Stability Oversight Council
2019-12-6 14:22 | |
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Spanish bank Banco Santander has launched a $20 million bond on the blockchain. The financial institution has also partnered with the Madrid City Council to develop a blockchain-powered application that will enable citizens to pay transport fare from a unified platform, according to an EnterpriseTimes report on October 18, 2019.
2019-10-19 23:00 | |
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Coalitions and independents are the basis for the cryptocurrency world. Deviating from the traditional financial realm, the decentralised finance world aims to create its own ethos. However, with the debut of the Crypto Rating Council, cracks within the same seem to be emerging, and communities, especially the XRP community, seem to be out in full […] The post Coinbase-driven Crypto Rating Council will build compliance, and not a cartel appeared first on AMBCrypto.
2019-10-4 16:30 | |
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A set of cryptocurrency firms have banded together to create a “Crypto Rating Council” to help classify digital assets — but it unlikely to mean much. Founded by prominent exchanges like Coinbase, Bittrex, and Kraken, the group aims to rate digital assets from 1 to 5.
2019-9-30 19:14 | |
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US-based Crypto Rating Council launches founded by leading firms - CryptoNinjas Today, the launch of The Crypto Rating Council was announced, which consists of leading U. S. crypto financial services firms committed to the responsible growth and maturation of cryptocurrency markets and related financial infrastructure and trading services.
2019-9-30 16:54 | |
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Hedera Hashgraph is adding the first American financial services provider, FIS Global, to its governing council just weeks before a planned mainnet launch.
2019-8-29 15:00 | |
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The first quarter of 2019 was bullish for the digital asset management firm Grayscale Investments and the company is gearing up to have another run. According to a first quarter “Digital Asset Investment Report” from the company, published on May 13, 2019, product inflows from Grayscale Investments grew by 42 percent over Q4 2018.
2019-5-15 19:23 | |
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For decades, gold has remained the undisputed store of value. However, a section of the financial world believes that gold might lose the position to cryptocurrencies, Bitcoin in particular. By press time, gold value stood at $7.
2019-5-4 18:54 | |
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According to a report released on April 25, 2019, Austria is planning to review and establish a fintech regulatory sandbox in an attempt to align financial markets around digitized services, ICOs and cryptocurrencies with the country’s law and help grow the market.
2019-4-29 15:00 | |
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Bitcoin Mining Takes A Blow As Hong Kong Announces New Restrictions On Mining – Does This Spell Out A Change In Attitude Towards Cryptocurrencies? Over the beginning of this month, the Hong Kong Secretary responsible for Financial Services as well as the Treasury, James Lau made the Legislative Council that, according to regulations set out […]
2019-4-25 00:00 | |
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At the start of this month, James Lau, Hong Kong’s Secretary for Financial Services and Treasury, informed the Legislative Council that the purchase of mining equipment falls under the Trade Descriptions Ordinance.
2019-4-24 16:35 | |
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By CCN. com: Central bankers occasionally lose their guard and reveal that they are constantly worrying they will be rendered irrelevant by cryptocurrencies. The latest proof comes from the National Bank of Romania courtesy of the central bank’s administration council member, Daniel Daianu.
2019-4-17 12:48 | |
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What Is The Advisor Blockchain and CryptoAsset Council (ABCC)? Ric Edelman, a prominent financial advisor, developed ABCC after a meeting on June 2018 with Ray Sclafani of ClientWise, Paul Pagnato of Pagnato Karp, Alex Potts of Loring Ward, and Jamie McIntyre of Rewire Capital.
2019-4-7 08:46 | |
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By CCN. com: Hong Kong’s Secretary for Financial Services and the Treasury, James Lau, has clarified to the city-state’s Legislative Council that commercial transactions relating to Bitcoin mining devices are protected under the Trade Descriptions Ordinance.
2019-4-4 15:34 | |
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North Korea has obtained some $670 million in virtual and fiat currency in a bid to bypass economic sanctions put in place as a result of its nuclear and missile programs. The country amassed the funds through cyber attacks, Nikkei says citing an expert panel reporting to the UN Security Council.
2019-3-8 14:24 | |
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A new business model that uses the blockchain is delivering traceability to precious metals. Even though precious metals such as gold and silver are scarce, they are also highly liquid. Not only do they have financial value, but they have cultural and emotional value too.
2019-1-4 14:00 | |
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The Federal Council commissioned further analyses by the Federal Department of Finance and the Federal Department of Justice and Police to improve the country’s financial landscape.
2018-12-18 22:39 | |
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On December 7, the Federal Council of Switzerland issued a report, providing a legal framework for distributed ledger technology (DLT) and blockchain, stating that the country’s existing rules are well suited to dealing with such new technologies, but there is still a need for some amendments.
2018-12-17 13:01 | |
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Indian regulatory body the Financial Stability and Development Council (FSDC) is considering measures to ban the use of private cryptocurrencies while encouraging distributed ledger technology instead, after a meeting on Thursday.
2018-11-1 16:00 | |
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According to a report published by the Indian government press center on October 31, India’s secretary of Economic Affairs has recommended that the country’s Ministry of Finance to impose a ban on “private cryptocurrencies”.
2018-11-1 09:36 | |
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Indian Government Continues to Subdue Cryptocurrency Market with Potential Ban on Using Crypto India has kept an aggressive stance against cryptocurrency for quite some time, but it seems that they are not coming up short on ways to restrict consumers from using it.
2018-11-1 00:42 | |
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Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance.
2018-11-1 22:37 | |
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India appears set to completely ban cryptocurrency operations within its borders, judging from the latest reports issued by government officials. Cryptocurrency Ban is Imminent On Tuesday (October 30), during a meeting of the Financial Stability and Development Council (FSDC), one of the agendas included digital currency.
2018-11-1 22:05 | |
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It seems India has no intention of slowing down its crusade against cryptocurrencies – but at least, it might be open to experimenting with distributed ledger tech. Following a meeting of the Financial Stability and Development Council (FSDC), the government is contemplating devising an appropriate legal framework to ban the use of cryptocurrency in India – and encourage experimenting with distributed ledgers instead.
2018-10-31 17:07 | |
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Alfred Nobel died with regrets. After making a fortune off of explosives, he indicated in his will that his fortune should be used to make a prize awarded each year to those who “conferred the greatest benefit to humankind.
2018-10-23 23:22 | |
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Sergey Glazyev, advisor to Russian President Vladimir Putin and a member of the National Financial Council of the Central Bank of Russia, met Huobi founder and CEO Leon Li on the... The post Putin Advisor Met Crypto Exchange CEO appeared first on Trustnodes.
2018-9-23 15:56 | |
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Some of Brazil’s biggest banks have come under investigation for alleged monopolistic tendencies in the trade of bitcoin and other cryptocurrencies. The Administrative Council for Economic Defense, a transparency and competition body, accuses the financial institutions of shutting down accounts of brokers trading cryptocurrency without merit.
2018-9-20 04:25 | |
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Ukraine’s Financial Stability Council has supported a new crypto regulations concept.
2018-7-23 09:54 | |
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On 20th July 2018, Timur Khromaev, the head of The National Securities and Stock Market Commission [NCSSM], reported on his Facebook post that the Financial Stability Council of Ukraine has shown support in the concept of regulating cryptocurrency transactions.
2018-7-22 09:53 | |
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In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the country’s Financial Stability Council has thrown its weight behind the.
2018-7-22 03:00 | |
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The Ukraine is taking massive leaps to legalize cryptocurrency. There’s a new regulatory concept that recognizes tokens as financial instruments (as well as coins). The new concept won the support of high-up members in the Financial Stability Council of the country.
2018-7-21 12:32 | |
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The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20.
2018-7-21 09:26 | |
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The Financial Stability Council of Ukraine supported a regulatory concept of crypto regulation that involves recognizing cryptocurrencies as a financial instrument
2018-7-21 06:22 | |
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Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council.
2018-7-21 02:10 | |
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Taiwan’s government has big plans for blockchain technology as it hopes to become a major destination for blockchain development. The country’s Financial Supervision Commission is collaborating with the National Development Council to utilize blockchain technology beyond the cryptocurrency market.
2018-7-9 14:59 | |
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Coinbase CEO Brian Armstrong has called for a concerted effort to secure regulatory clarity for the crypto industry by supporting pro-crypto political candidates and voting out anti-crypto incumbents.
US President Joe Biden vetoed H. J. Res. 109, which aimed to overturn the of the SEC’s controversial SAB 121 rule, on May 31. Biden wrote that SAB 121 represents the “considered technical” views of SEC staff.
A bipartisan coalition of lawmakers has urged the Biden Administration to abandon its plan to veto the Congressional proposal to repeal the SEC’s controversial Staff Accounting Bulletin No. 121 (SAB 121).
The House Financial Services Digital Assets Subcommittee will hold a hearing on real-world asset (RWA) tokenization on June 5 to discuss the emerging sector’s potential benefits. Congress will listen to testimony from industry experts at the hearing to determine the potential benefits of RWA tokenization in facilitating efficient markets.
Patrick McHenry and Cynthia Lummis led lawmakers urging Biden to reconsider vetoing bipartisan CRA overturning SEC Staff Accounting Bulletin 121. The post Lawmakers push Biden to approve SAB 121 overturn to allow regulated financial firms to hold crypto appeared first on Crypto Briefing.
Coinbase filed a closing brief with the US Court of Appeals for the Third Circuit on May 31, challenging the SEC’s denial of its rulemaking petition. The case revolves around a single, conclusory sentence in the SEC’s order, which “disagreed” with Coinbase’s assertion that current SEC rules are unworkable for digital asset firms.
Onchain Highlights DEFINITION: The percentage of entities in the network that are currently in profit is based on the amount of Bitcoin bought cheaper than the current price. The “Buy price” is defined as the price at which coins were transferred to addresses controlled by the entity.