Bank of England policy committee member says DeFi isn’t decentralized

A senior advisor to the Bank of England suggested that decentralized finance is not as decentralized as it claims to be in a speech to the University College London’s Blockchain Research Center on Wed...

Celsius Former Executive Hired by JPMorgan as Crypto Regulatory Policy Head

Lovine, an Ex. executive of Celsius Network, joined forces with JPMorgan.   ccording to a Bloomberg report on 19 October 2022, JPMorgan (JPM) has appointed Aaron Iovine as its head of crypto regulator...

UK Financial Policy Committee’s Carolyn Wilkins calls for improved governance, trust in crypto industry

External member of the UK Financial Policy Committee Carolyn Wilkins has argued that the current decentralized finance governance structure is more centralized than it claims to be. Carolyn Wilkins in...

JPMorgan Assigns Ex-Celsius Exec As Crypto Policy Lead

JPMorgan Chase, a multination investment bank in order to extend its services into the crypto industry has hired a new head of digital assets regulatory policy. This move landed after the bank’s 3rd q...

JPMorgan Taps Former Celsius Exec As Crypto Regulatory Policy Director

Nothing supersedes personal experience. At least that seems to be the case with a new JPMorgan Chase hire this week, as the financial firm has brought in former Celsius executive Adam Iovine to serve ...

Here is What Justin Sun Said Over Crypto Policy in China

Justin Sun seems optimistic about the crypto adoption in China. He shared that crypto policy in China is expected in the upcoming month. The TRON Founder, Justin Sun said in his recent interview with ...

JPMorgan Hires Former Celsius Network Executive Aaron Iovine As Crypto Regulatory Policy Head

JPMorgan Chase & Co. on Wednesday announced the appointment of former Celsius Network executive Aaron Iovine as its new head of digital assets regulatory policy, a newly created job position as co...

JPMorgan’s new crypto policy head was at bankrupt Ponzi Celsius

JPMorgan has hired Aaron Iovine, most recently head of policy and regulatory affairs of bankrupt crypto lender — and likely Ponzi scheme — Celsius Networks, as its new executive director of digital as...

JPMorgan hires ex-Celsius executive as head of crypto regulatory policy

According to his LinkedIn profile, former Celsius Network executive Aaron Iovine has joined JPMorgan Chase (NYSE: JPM) as executive director of digital assets regulatory policy.  This comes just a few...

Hong Kong Leader Unveils Battle Plan To Win Talent War, Prioritizes Security In Policy Address

Hong Kong Chief Executive John Lee delivers his policy address at the Legislative Council on October 19. Anthony Kwan/Getty Images Hong Kong Chief Executive John Lee unveiled a series of new measures ...

Billionaire Justin Sun Optimistic About Crypto Policy in China, Says Country To Face Big Shift in Coming Months

Billionaire Justin Sun is expecting China to shift its policy on cryptocurrencies after banning the digital assets last year. In a new interview with Bloomberg TV, the founder of the Tron blockchain n...

Australia U-Turns On Trump-Era Policy Recognizing West Jerusalem As Israel’s Capital

Topline The Australian government has reversed its predecessor’s decision to recognize West Jerusalem as the capital of Israel, provoking diplomatic outrage between the two nations and leaving the U.S...

Hong Kong to Unveil Virtual Assets-Related Policy Statement on Upcoming Fintech Week

The Hong Kong Special Administrative Region’s government will release the plans for the development of virtual assets in the city during the upcoming FinTech Week by the end of the month. In a b...

Finance Minister Jeremy Hunt delivers emergency policy statement

[The stream is slated to start at 6 a.m. ET. Please refresh the page if you do not see a player above at that time.] New U.K. Finance Minister Jeremy Hunt is announcing parts of his medium-term fiscal...

China Stocks Fall as Xi Disappoints on Covid Policy and Property

(Bloomberg) — Chinese traders hoping for signs of a shift away from Covid Zero and further support for the ailing property sector were disheartened by President Xi Jinping speech, spurring a dec...

In Its Upcoming 2023 Budget Plan, Portugal Proposes A Policy On Cryptocurrency Taxation

As per the new draft policy, the Portuguese have to pay tax on any profits gained from trading cryptocurrency. 28% of the levy charges have to be paid on profits from digital assets. Portugal’s legisl...

Bill Miller Believes that Bitcoin is an Insurance Policy Against Financial Disaster

Bill Miller is a globally popular investor and a supporter of Amazon and Bitcoin. Miller first time purchased the shares of Amazon in 1997 during its IPO.    He started investing in Bitcoin in 2014.  ...

Bitcoin is an Insurance Policy Against Financial Disaster: Bill Miller

Despite the market downturn of 2022, legendary value investor Bill Miller remains bullish on his two favorite investments: Amazon, and Bitcoin. In a recent interview, the former chief of Legg Mason ca...

Healthcare Stocks Rise On Policy Support, Week In Review

China Last Night KraneShares Week in Review Asian equities were lower this week except for onshore China, which was the only market in the region to end the week in positive territory. The US Bureau o...

U.K. Finance Minister Kwasi Kwarteng Fired After Economic Policy Fallout

Topline Kwasi Kwarteng, the U.K.’s Chancellor of the Exchequer, was sacked by Prime Minister Liz Truss on Friday morning after her government’s recent mini-budget—which promised large tax cuts for the...

This is how high interest rates might rise, and what could scare the Federal Reserve into a policy pivot

The stock market’s reaction to the latest inflation report Thursday underlined just how confused and fearful investors are. The S&P 500 SPX, +2.60% plunged as much as 3% shortly after the open as ...

Portugal’s new tax policy suggests a 28% short-term capital gains tax on crypto profits

Join Our Telegram channel to stay up to date on breaking news coverage Portugal is set to impose taxes on cryptocurrency investors. These taxes will be introduced through new rules highlighted in its ...

ARK Invest’s Cathie Wood Pens Open Letter Claiming Fed Is Making Policy Error in Hiking Interest Rates

Veteran hedge fund manager and ARK invest founder Cathie Wood is calling out the US Federal Reserve in a new open letter. In a post on ARK’s website, Wood says the Fed seems to be basing its decisions...

Don’t expect crypto tech to be a ‘free pass’ from regulation

“We’re gonna have to adapt, there’s no doubt about it. This is not a very in-the-box moment,” says Rostin Behnam, who chairs the Commodity Futures Trading Commission. Behnam was speaking at DC Fintech...

House legislation ‘best shot’ for digital dollar competition

Crypto industry players are optimistic that lawmakers could pass a new stablecoin law next year, they said during a financial conference in Washington, D.C. “I think it is the best shot the U.S....

SEC rejects WisdomTree’s latest spot bitcoin ETF proposal

The Securities and Exchange Commission (SEC) rejected WisdomTree’s most recent attempt to list a spot bitcoin exchange-traded fund (ETF). The securities regulator rejected the WisdomTree Bitcoin...

Portugal’s new budget draft includes crypto income tax

The government of Portugal proposed a 28% income tax on cryptocurrencies in its 2023 budget draft, released on Monday. The tax would apply only to cryptocurrencies owned for less than a year, with gai...

OECD releases final plan to crack down on international tax evasion using crypto

The Organisation for Economic Co-operation and Development’s long-in-the-making crypto tax framework was published Monday. The document is meant to formalize information sharing between the 38 m...

PayPal Declares Policy To Penalize Users For Wrong Information Was An Error

PayPal is a popular payment gateway that offers a suitable payment solution for individuals and businesses. Using PayPal, users can pay bills, accept payments, send and receive money, and do more. The...

New Crypto Policy of PayPal Would Drive Adoption, Says Crypto Community

Recently fintech giant PayPal reportedly introduced a policy related to actions against misinformation. The policy received quiet backlashes from the crypto community over social media platforms which...

Bank of England to Double Long-Dated Gilt Buy-Backs, QE Policy to See an ‘Orderly End’ in Mid-October – Economics Bitcoin News

After the British pound sterling tapped an all-time low against the U.S. dollar on September 26, the Bank of England (BOE) said it would halt its monetary tightening policy and start buying long-dated...

PayPal says policy to punish users for misinformation was 'in error'

Despite the retraction, the crypto community said the policy is a perfect example of why decentralization and self-custody of funds are so important. Online payment network PayPal has reneged on a con...