Swiss regulator FINMA targets stablecoin issuers in new proposal
As stablecoins continue to gain traction globally, regulatory initiatives such as FINMA’s guidance are likely to influence policies in other jurisdictions. Go to Source
regulatory oversight
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Senate Banking Committee Holds Hearing on Recent Bank Collapses, Calls for Tougher Regulations
On Tuesday, the U.S. Senate Committee on Banking, Housing, and Urban Affairs, also known as the Senate Banking Committee, held a hearing to discuss the recent bank collapses in the United States and the regulatory response. Throughout the testimonies, digital assets and crypto businesses were mentioned. Senate Banking Committee chairman Sherrod Brown claimed on Tuesday … Read more
Former FTX CEO Sam Bankman-Fried Faces New Bribery Charges for Alleged Crypto Payment to Chinese Officials
Sam Bankman-Fried (SBF), the former CEO of FTX, now faces a 13-count indictment as U.S. officials have added new charges. One of the new charges alleges that SBF leveraged $40 million to influence “one or more Chinese government officials.” Details of the Bribery Charges Against Sam Bankman-Fried Sam Bankman-Fried (SBF), the co-founder and former CEO … Read more
FTX collapse calls for ‘prudent regulation’ in the UK
The United Kingdom is taking cautionary lessons from the collapse of FTX as calls for greater regulation come from public and private sector institutions. Go to Source Powered by WPeMatico
Mike Bloomberg’s 2020 Finance Policy Proposes Strict Bitcoin Regulations
The 2020 U.S. Presidential candidate Michael Bloomberg addressed the subject of cryptocurrencies and initial coin offerings (ICO) in his recently published Financial Reform Policy. Bloomberg wants more “regulatory oversight” when it comes to this promising technology, claiming he sees “plenty of hype, fraud and criminal activity.” Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett … Read more
Japanese Regulator to Host Regular Global Cryptocurrency Roundtable
Japan’s top financial regulator, the Financial Services Agency, has exclusively shared with news.Bitcoin.com the details of its first-ever roundtable on cryptocurrency oversight. Regulators from over 15 countries participated in the event to share information and discuss cryptocurrency regulatory issues. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Crypto Roundtable for Global Regulators The Japanese … Read more
