US ‘far behind’ on crypto, election no quick fix: Ripple APAC boss
The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray. Go to Source
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The United States is lagging behind crypto-friendly regions like Singapore and the UAE, but there’s still a chance it can catch up, says Ripple APAC MD Fiona Murray. Go to Source
The United States, United Kingdom, and Germany rank among the top countries holding cryptocurrencies at the government level, according to data from Arkham Intelligence. The crypto analytic firm’s onchain analysis shows that the U.S. government holds 212,847 bitcoins while El Salvador has been purchasing one bitcoin daily as announced by its president. Top Government Holders … Read more
Britain’s top financial regulator, the Financial Conduct Authority (FCA), says the U.S. and U.K. will deepen ties on crypto regulation. “In the past, innovative firms would have been pleading for less regulation. Now they understand and appreciate that rules are there to help provide certainty,” said the British regulator. US and US to Strengthen Collaboration … Read more
U.S. Treasury Secretary Janet Yellen will convene a meeting with the Biden administration’s working group on financial markets to discuss stablecoin regulation. “In light of the rapid growth in digital assets, it is important for the agencies to collaborate on the regulation of this sector and the development of any recommendations for new authorities,” said … Read more
The chairman of the Commodity Futures Trading Commission (CFTC) has called on other regulators to establish a framework for sound crypto regulation. He believes that the U.S. must lead in the crypto field and “applying overly prescriptive rules could stunt the development of this important market.” CFTC Chairman Heath P. Tarbert has called on other … Read more