US Treasury: Blockchain can improve financial system
The US Treasury is especially keen on distributed ledger technology (DLT) for payments, settlement and clearing. Go to Source
Crypto Regulation
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Stablecoins essential for US dollar’s future, says Paxos CEO
In an open letter to Donald Trump and Kamala Harris, Charles Cascarilla highlighted the role of stablecoins in maintaining the US dollar’s global dominance and improving banking efficiency. Go to Source
EU MiCA rules pose ‘systemic’ banking risks for stablecoins — Tether CEO
Europe’s MiCA framework will enforce new bank reserve requirements for stablecoin issuers, raising concerns about systemic risks and stability. Go to Source
Green United promotor asks to appeal SEC’s $18M crypto mining fraud case
Kristoffer Krohn claims the SEC got its application of securities laws wrong, which a federal court agreed with — now he’s asking for an appeals court to decide who is right. Go to Source
CBDCs and crypto should coexist, not compete — CoinDCX co-founder
Sumit Gupta shares insights on India’s approach to CBDCs and private cryptocurrencies, emphasizing the need for balanced regulation. Go to Source
Study: Trump Win Likely to Spark Bullish Trend in Crypto Prices
A recent study reveals that nearly two-thirds of surveyed U.S. citizens (64.7%) believe a Donald Trump or Republican victory in the presidential election would spark a bullish trend in crypto prices. This optimism stems from the Republican Party’s business-friendly reputation, which resonates with crypto enthusiasts. On the flip side, only 9.1% of respondents think a … Read more
Consensys urges clear crypto rules in letter to future US president
The open letter emphasized how clear regulatory frameworks can ensure the US remains competitive while safeguarding consumers and addressing illicit activity. Go to Source
UK crypto rules unclear for firms avoiding Europe’s MiCA regulation
While some industry execs believe that MiCA could trigger a shift from the EU to the UK, others question the UK’s unclear crypto regulations. Go to Source
International agencies report on tokenization to G20 officials
The Bank for International Settlements and the Financial Stability Board have similar views on tokenization — it could provide new benefits and familiar challenges. Go to Source
US has 26M strong ‘crypto voting bloc’ ahead of elections — Survey
One in seven, or 16%, of respondents in a survey by The Digital Chamber said they’d vote for the most pro-crypto candidate. Go to Source
