The ECB executive called the European Union’s Markets in Crypto Assets (MiCA) an important step. Fabio Panetta, the executive board member of the European Central Bank (ECB), recently published a push...
Tag: Official
ECB Official Says Crypto Must Fall Under Online Gambling Laws
European Central Bank (ECB) executive Fabio Panetta says the bank should regulate crypto assets under online gambling laws. He believes crypto is fundamentally speculative and should be treated as suc...
France’s top bank official calls for mandatory crypto licensing rules
The governor of France’s central bank has advocated for stricter crypto licensing requirements, Bloomberg News reported Jan. 5. Bank of France governor Francois Villeroy de Galhau told Paris’ financia...
SHIB Rival BONK May Get Burned via Solana Phone, Hints Official Account
The first batch of Solana phones, called Saga, has been delivered to the first customers. As expected, it is a complete Android-compatible smartphone with additional features to interact with the Sola...
One Official Warns Of ‘Costly Error’ If Central Bank Backs Down Too Soon
Topline The Federal Reserve on Wednesday set the stage for additional interest rate hikes in the coming months and revealed officials still aren’t convinced any rate cuts will be necessary this ...
China’s Digital Yuan Little Used, Former Central Bank Official Says – Finance Bitcoin News
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese central bank. The new form of national fiat has brought no bene...
Former PBoC Official Slams e-CNY as Being Underutilized
The Chinese government designed the e-CNY as a digital payment instrument that can serve as a substitute for the fiat yuan in regular day-to-day activities. Xie Ping, the former Director General of Re...
Chinese Digital Yuan Usage Needed to be Widened, Says Former PBOC Official
Recently a former official of a Chinese financial institution reported to highlight the current situation of the central bank digital currency (CBDC) in the country. He said the ‘digital currency is l...
Chinese State Official Admits to Colluding With Miners
Chinese Communist Party official Xiao Yi pled guilty to offering Bitcoin miners financial subsidies and power guarantees despite a nationwide cryptocurrency ban. According to state-owned Chinese news ...
Chinese Communist Party official pleads guilty to helping Bitcoin miners
According to a report published by state-owned daily news program Xinwen Lianbo on Dec. 29, Xiao Yi, the former Communist Party secretary of the City of Fuzhou, pleaded guilty to corruption charges in...
OrbCity announces official migration to Polygon in Q1 2023
Orbcity becomes another player in the industry to announce its migration to Polygon in the days to come. According to the estimated timeline, Orbcity is expected to complete the migration by the first...
SEC Official Hints of Increasing Scrutiny on Crypto Firm Audits
Cryptocurrency market has been through a tough phase during the whole year where the fall of many prominent companies only made it worse. Financial regulators were expected to step-in and make efforts...
Digital Rupee Will Wipe Out All The Black Money, Claims RBI Official
Ajay Kumar Choudhary, executive director of the Reserve Bank of India, stated at an interactive session on “Digital Rupee: A Way Forward” that the introduction of digital currency would significantly ...
Regulate crypto before ‘systematic problems’ occur, BoE official says
The Bank of England’s deputy governor said that crypto is integrating into traditional finance and should be regulated to protect retail speculators and the broader financial system. Sir ...
Be ‘very wary’ of crypto proof-of-reserve audits: SEC official
A senior official from the United States Securities and Exchange Commission has warned investors to be “very wary” about relying on a crypto company’s “proof-of-reserves.” “We’re warning investors to ...
Rate Hikes Needed to Reduce Eurozone Inflation Despite Recession, Top ECB Official Says – Finance Bitcoin News
Interest rates will continue to rise while the euro area falls into recession, a high-ranking executive at the European Central Bank (ECB) has indicated. His statements follow the latest rate increase...
Former SEC Official Says Binance’s Finances Are Even More Opaque Than Those of FTX
Alex Dovbnya Recent report published by Reuters suggests that Binance’s finances are ‘black box’ John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s ...
European Union Official Warns Elon Musk Of Sanctions Over Twitter Banning Journalists
Topline Under a set of new digital rules, Twitter could face sanctions ranging from from billion-dollar fines to being banned across the European Union over suspending the Twitter accounts journalists...
Global Covid Death Toll May Be Nearly Three Times Higher—15 Million—Than Official Records, WHO Says
Topline The Covid-19 pandemic may have claimed nearly 15 million around the world in 2020 and 2021, according to World Health Organization estimates published in Nature on Wednesday, almost three time...
Alameda Research Ex-CEO Engages Former SEC Official as Lawyer
23 seconds ago | 2 mins read Exchange News Stephanie worked as both the enforcement director and the deputy director at the SEC. Former FTX CEO SBF will testify before Congress on December 13. Former ...
Alameda’s Ex-CEO Caroline Hires Former SEC Official As Lawyer
In connection with the ongoing investigation into the catastrophic failure of the cryptocurrency exchange FTX and its trading firm Alameda Research, the ex-CEO of Alameda, Caroline Ellison, has reache...
Biden Official Sam Brinton’s 2nd Alleged Theft Included $1,700 In Jewelry
Topline The Biden Administration has come under fire after Energy Department official Sam Brinton, who identifies as nonbinary, was charged in two separate instances of stealing suitcases at U.S. airp...
GOP Jump On Biden Official Sam Brinton’s 2nd Theft Allegation—Blames ‘Wokeness’ For Their Hire
Topline The Biden Administration has come under fire from Republican lawmakers after Energy Department official Sam Brinton, who identifies as nonbinary, was charged in two separate instances of steal...
ECB official proposes ban on tokens with an ‘excessive ecological footprint’
Fabio Panetta, an executive board member of the European Central Bank (ECB), proposed banning crypto assets with a significant environmental impact as part of efforts to address risks. In written rema...