Federal Reserve Explores Smart Contracts and AI
The United States Federal Reserve is examining the impact of innovations on payment processes, including smart contract and artificial intelligence technologies.
Federal Reserve Explores Smart Contracts and AI
The United States Federal Reserve is examining the impact of innovations on payment processes, including smart contract and artificial intelligence technologies.
China Considers Allowing Yuan-Backed Stablecoins
The Chinese government is contemplating the approval of yuan-backed stablecoins, according to sources cited by Reuters.
SEC Chair Suggests Limited Tokens as Securities
Only a few cryptocurrencies are considered securities, stated SEC Chairman Paul Atkins at a symposium in Wyoming.
Harvard Economist Admits Error in Bitcoin Forecast
Kenneth Rogoff, a Harvard professor, admitted that his pessimistic 2018 Bitcoin forecast was mistaken.
South Korean Exchanges Ordered to Halt Crypto Lending
South Korea's Financial Services Commission ordered local digital asset exchanges to temporarily suspend crypto lending operations.
Wyoming Becomes First US State to Launch a Stablecoin
The state of Wyoming (USA) announced the launch of the dollar-pegged stablecoin Frontier Stable Token, ticker FRNT, on seven blockchains.
Circle’s New Blockchain Gains Fireblocks Custodian Support
Circle, the issuer of USDC, is integrating its proprietary Layer 1 network, Arc, with the institutional platform Fireblocks.
South Korea and Japan Enter the Stablecoin Race
Regulators in South Korea and Japan are actively creating conditions for the “stablecoin” market. According to local media, the former is preparing a new bill, while the latter is close to approving its first yen-pegged token. These moves are likely a response to actions by the United States. In July, President Donald Trump signed the […]
Federal Reserve Ends Oversight of Banks’ Cryptocurrency Activities
The Board of Governors of the Federal Reserve announced the termination of its oversight program for new types of bank activities, including cryptocurrency operations. The regulator has completely rescinded its 2023 letter, which required financial institutions to obtain permission for stablecoin operations. It also mandated risk management practices concerning cybersecurity, liquidity, consumer compliance, and anti-illicit […]
US Treasury Rules Out Budget-Funded Bitcoin Reserve
The US government has no plans to purchase additional bitcoin to form a strategic reserve (SBR). This was stated by US Treasury Secretary Scott Bessent in an interview with Fox Business. According to him, the Trump administration’s strategy regarding cryptocurrencies is based on three principles: refraining from new bitcoin purchases at the government’s expense; retaining […]
SEC to draft clearer crypto rules after Ripple case
The U.S. Securities and Exchange Commission (SEC) plans to focus on drafting clear rules for the cryptocurrency industry after the conclusion of its five-year court battle with Ripple, said the regulator’s chief, Paul Atkins. Commissioner Peirce is right. With this chapter closed, we now have an opportunity to shift our energy from the courtroom to […]
Wisconsin to Impose Restrictions on Crypto ATMs
Wisconsin lawmakers have introduced two bills aimed at regulating crypto ATMs, prompted by a sharp rise in fraud across the United States. The proposed measures would require crypto ATM operators to obtain a money transmitter license. They would also impose a transaction limit of $1,000 per day for individual customers. Fees would be capped at […]We use cookies to improve the quality of our service.
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