Several executives in the crypto industry have expressed their frustration with the U.S. government’s lack of clear guidelines for the industry and the Securities and Exchange Commission’s aggressive stance towards digital currency…
Category: Regulation
Wood Warns Against Driving Crypto Offshore Amid Regulator Crackdowns And Policy Mistakes
Cathie Wood holds the Federal Reserve’s ineffective policy responsible for the banking crisis that the country is currently going through. According to her belief, the decentralized solutions offered by crypto could easily…
Custodia Bank CEO Criticizes Washington DC’s Regulators For Their Misguided Crypto Crackdown
Caitlin Long, the chief executive officer at Custodia Bank, has condemned the Washington D.C.-based policymakers and the regulatory agencies for their misguided clampdown on the crypto industry. She also criticized them for…
Russia’s Sberbank Moves Ahead With Its Plan To Launch A DeFi Platform
Sberbank, the biggest bank in Russia, has a strategy to introduce its separate platform for decentralized finance (DeFi). The organization intends to get ready to conduct a trial on the product for…
Beijing Should Reconsider Its Decision Regarding Cryptocurrency Ban, Says PBoC’s Former Advisor
The concept of eliminating the crypto prohibition has begun to rise across the Chinese jurisdiction as a former official from the country’s central bank has recently spoken on it. The official stated…
Lawmakers Propose Cryptocurrency Tax To Fund European Union Budget
The European Parliament’s policymakers have proposed crypto taxes for funding the yearly budget of nearly 170B euros (nearly $185B). A draft report for the budget committee of the parliament was published recently….
Chia Network Hires Gene Hoffman As Its CEO
Chia Network is endeavoring to keep going in line with its IPO strategy, as per Gene Hoffman (the latest CEO of the platform). The firm has been operating on its IPO strategy…
XRP Lawsuit Is Likely To Come To And End By June, Says Ripple CEO
Brand Garlinghouse, the CEO of Ripple anticipates that the dispute between the SEC and Ripple will take some months to be settled. He expresses an optimistic outlook on the position of the…
Two Environmental Groups File A Lawsuit Against NY State Agencies For Approving BTC Mining Operation
Notwithstanding the increasing demand for crypto as well as the revolution it is bringing to the financial markets across the globe, a few do not want to let that happen. A couple…
Indonesia Launching National-based Crypto Exchange
Indonesia announced plans to launch a national platform to facilitate crypto exchange. The exchange is a constituent of the national initiative to reform the regulatory oversight to the securities authority from the…