The collapse of crypto exchange FTX is proof digital asset markets need more effective oversight, according to U.S. Treasury Secretary Janet Yellen. “Further interconnections of the traditiona...
Tag: Oversight
CFTC Chairman: FTX US Derivatives is healthy because of CFTC’s oversight
While FTX filed for bankruptcy, its Derivatives trading arm is still standing. FTX US Derivatives is regulated by the US CFTC. Benham did not comment on any enforcement plans. CFTC regulatory oversigh...
White House, US Senators Call for Proper Crypto Oversight – Regulation Bitcoin News
The White House and members of the U.S. Senate Banking Committee have called for proper cryptocurrency regulation following the collapse of crypto exchange FTX. “Without proper oversight of cryptocurr...
Indonesia to Change Crypto Regulators as Part of Plan for Stricter Oversight – Regulation Bitcoin News
The government of Indonesia wants to assign crypto supervision to the Asian nation’s financial watchdog in order to ensure better protection for investors. The move is part of a planned overhaul of re...
FDIC Chairman Says Regulators Should Oversight Over Stablecoin Issuers – crypto.news
Stablecoins, according to the FDIC chairman, might transform banking, but they must first be subject to prudential control and regulation. In line with this, stablecoins, in particular, are being exam...
Stablecoin Issuers Should Be Subject to Regulatory Oversight, Says FDIC Chairman
The FDIC is taking a closer look at crypto, specifically stablecoins, according to its acting chairman. The Federal Deposit Insurance Corporation (FDIC), alongside other Federal banking agencies, is e...
European Commission To Automate DeFi Oversight, Not In MiCA Regulation
Patrick Hansen, EU policy and strategy head at Circle, in a tweet on October 10 announced that the European Commission is seeking tenders to study “Embedded Supervision of Decentralised Finance” on Et...
Set Oversight On Crypto Now Rather Than Later, Says England Central Bank Regulator ⋆ ZyCrypto
Advertisement     The Bank of England’s Deputy Governor for Financial Stability, Sir Jon Cunliffe, warned regulators to have a grasp now and not later on the systemic ...
US financial watchdogs ask Congress to okay further oversight on Bitcoin
The Financial Stability Oversight Council (FSOC) in its latest report on cryptocurrencies suggests the digital assets market needs a lot more policing to help curb potential risks likely to crop up gi...
CFTC Benham wants more crypto oversight and sees its potential
Ross Benham, chairman of the CFTC, said institutions won’t enter the crypto market unless there is regulatory certainty. Chairman Rostin Benham of the Commodity Futures Trading Commission made a pitch...
CFTC chair believes Bitcoin could ‘double in price’ under the regulator’s oversight
As the cryptocurrency market gets larger and its major assets become more adopted, it has raised questions over which financial watchdog would oversee it and ensure the regulatory compliance of its pa...
Crypto Oversight Bill Introduced In California Vetoed By Governor
The post Crypto Oversight Bill Introduced In California Vetoed By Governor appeared first on Coinpedia Fintech News California Governor Gavin Newsom vetoes a crypto oversight bill, ‘Assembly Bill 2269...
CFTC Prepares to Step up Oversight of Crypto Market — Says Many Digital Assets Are Commodities – Regulation Bitcoin News
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protect...
U.S. Financial Stability Oversight Council to Discuss Digital Asset Regulation Next Week
The Financial Stability Oversight Council (FSOC), chaired by U.S. Treasury Secretary Janet Yellen, will meet on September 23 to discuss regulatory loopholes in digital currencies and the potential ris...
Biden Administration Pitches for Regulation and Strict Oversight of Crypto
In a series of reports, the Joe Biden administration on Friday has offered its response to the President’s executive order on cryptocurrencies – Ensuring Responsible Development of Digital Assets – is...
SEC Chair Gensler Says He Supports CFTC Having Oversight Over BTC, Ether ⋆ ZyCrypto
Advertisement     The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler says he supports the proposal to give oversight of Bitcoin (BTC) and Ethereum...
SEC Preps For Stricter Oversight, Crypto Daily TV 13/09/2022
In Todays Headline TV CryptoDaily News: SEC to set up new office. The Securities and Exchange Commission will set up two new offices and add them to its Division of Corporation Finance’s Disclos...
National Archives Doesn’t Know Whether Trump Returned All Records, Oversight Committee Says
Topline The National Archives is not sure whether former President Donald Trump gave back all the presidential records he took from the White House, House Oversight Committee chair Carolyn Maloney (D-...
Crypto Needs Strong Oversight: US Treasury
Yuri Molchan Cryptocurrencies pose threats and risks to investors and they require strong regulation – US Treasury is expected to share in its report Contents Treasury’s report to highlight econ...
SEC Chair Gary Gensler Backs Giving CFTC Bitcoin Oversight
At an industry conference today, Securities and Exchange Commission (SEC) chief Gary Gensler said that he supports handing the Commodity Futures Trading Commission (CFTC) the power to “oversee and reg...
Gensler Gives Go-Ahead For CFTC Having Bitcoin Oversight
Securities and Exchange Commission Chair Gary Gensler has thrown his support behind allowing the Commodity Futures Trading Commission (CFTC) to oversee crypto assets deemed commodities. This means th...
SEC Chair Backs Regulator Oversight on Cryptocurrencies
Gary Gensler, the Chairman of the Securities and Exchange Commission (SEC) has said that his agency will endorse Congress’ bid to have cryptocurrencies regulated. Gensler added that the SEC will work ...
SEC Chair Gensler Backs Congress’ Decision Of CFTC Crypto Oversight
Gary Gensler, Chairperson of the U.S. Securities and Exchange Commission (SEC) says he will back the decision of the Congress to hand over supervision of cryptocurrencies to the Commodity Futures Trad...
Gensler On Board With CFTC Taking Over Bitcoin Oversight
In August, senators proposed legislation that would have the CFTC oversee cryptoassets deemed commodities, such as bitcoin and ether The SEC has previously said that ether is a commodity In a surprisi...
Crypto Oversight Should Resemble Traditional Bank Rules, Fed Official Says
“We plan to work with other bank regulatory agencies to ensure that crypto activity inside banks is well regulated, based on the principle of same risk, same activity, same regulation, regardles...
Brazil’s SEC wants broader oversight over the crypto market
Join Our Telegram channel to stay up to date on breaking news coverage Brazil’s Securities and Exchange Commission is planning to introduce changes to the country’s cryptocurrency regulatory framework...
MAS to Tighten Oversight on Crypto Exchanges as it Looks Toward Functional Regulations
The Monetary Authority of Singapore (MAS) is currently making several inquiries from crypto companies within its borders in preparation for more comprehensive crypto regulation. According to a Bloombe...
Empower Oversight Calls for Investigation into Hinman’s Alleged Conflict of Interest in Ripple vs. SEC Lawsuit
– Advertisement – The independent corruption watchdog mounts pressure on the SEC to investigate Hinman’s conflict of interest during his time at the agency. Empower Oversight, a leading ...
Three Arrows Capital Challenges Liquidation In Singapore As MAS Strengthens Oversight
Three Arrows Capital’s co-founder Su Zhu believes court-appointed liquidator Teneo mislead the Singapore High Court to gain approval for liquidating Three Arrows’ assets in Singapore. Su Zhu submitted...
FCA admits it fails full regulatory oversight on the crypto market
The number of unlicensed crypto firms in the United Kingdom has continued to grow despite the role taken by the Financial Conduct Authority (FCA) to regulate the crypto sector. The FCA has licensed mu...
China’s Internet Giants Face New Era Of Tough Oversight And Low Growth
Tencent cofounder Pony Ma (Photo by Xaume Olleros/Bloomberg) © 2016 Bloomberg Finance LP Alibaba and Tencent, the twin pillars of China’s once-booming internet sector, have long had reputations for ey...