2023-7-24 11:43 |
The upcoming FSC meeting aims to provide regulatory clarity for cryptocurrencies, blockchain development, stablecoin payments and the broader digital asset ecosystem.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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As the world of digital assets continues to evolve at a staggering pace, lawmakers and regulatory bodies are grappling to keep up. In the United States, these efforts have now culminated in a significant push for regulatory clarity in the burgeoning digital asset ecosystem, which encompasses cryptocurrencies, blockchain development, and stablecoin payments. The Financial Services […]
2023-7-24 14:00 | |
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Circle’s Patrick Hansen provided an overview of the euro-denominated stablecoin market at EthCC: It all looks rosy, he said.
2023-7-18 19:36 | |
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In a recent development, Tether, the stablecoin issuer, has generated another $1 billion worth of Tether USDT $1. 00 stablecoin on the Ethereum blockchain. This action marks their second billion-dollar mint within a span of two months, adding to the total of over $16 billion minted by the company in 2023.
2023-6-13 18:41 | |
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Lawmakers didn’t reach a consensus between political parties on a stablecoin bill, with one witness warning that this lack of regulatory clarity could drive certain projects abroad.
2023-4-20 23:15 | |
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The stablecoin issuer sees a freeze of secondary Tornado Cash addresses as premature, and awaits more clarity from U.S. authorities.
2022-8-25 20:23 | |
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The collapse of terraUSD only added extra fuel to the fire of those saying the sector needs regulatory clarity, and fast.
2022-6-11 00:50 | |
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A new regulatory package for crypto could clear up some gray areas for digital asset companies around which regulations they should comply with.
2022-4-19 10:48 | |
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Charles Cascarilla, the co-founder and CEO of stablecoin issuer Paxos, believes the Biden administration’s move to regulate stablecoins is a good step in the right direction. He shared his sentiments during a November 3 interview, noting that he expects more dialogue on the matter.
2021-11-5 16:37 | |
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The President's Working Group has not said anything revolutionary, but does establish some new clarity.
2020-12-24 00:59 | |
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Facebook's Libra has been at the receiving end of regulators and lawmakers at Capitol Hill, and Mark Zuckerberg's comments that if Libra won't be given the regulatory clarity then the US might lag behind in the race to become a market leader in the evolving tech of blockchain and cryptocurrencies, where he particularly hinted towards […]
2019-12-10 18:03 | |
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Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
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There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
2018-6-14 22:01 | |
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Last week, U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced a joint bill addressing how stablecoins could be regulated in the country. It's the latest effort to try and get something done in the U.S. legislative front – but is it enough?
The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who've pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.
The Law Commission also called for evidence on its project on digital assets and electronic trade documents in private international law.
Despite keen interest from U.S. Senate Democrats such as Elizabeth Warren (D-Mass.) to deal with the illicit movement of funds in crypto, there's no immediate action planned in the committee that would need to get it rolling, according to two sources familiar with the plans.
Republican Rep. French Hill and Democrat Rep. Jim Himes see potential future floor votes for crypto bills being key to convincing the Democrat-controlled Senate to play ball.
Besides being short on crypto specialists, the SEC OIG noted a litany of problems that are already familiar — lack of legislative clarity, lack of interagency coordination, etc.
The new tokens join the ranks of BTC, ETH and LTC for use by the 4,000-plus companies located in the zone, which is considering new legal measures as well.