Following the extremely volatile European markets during the past few days and the euro and pound dropping rapidly against the U.S. dollar, the Bank of England has decided to intervene in bond markets...
Tag: Policy
What’s The Problem? UK Economic Policy Mirrors Successful 1980s U.S. Effort
LONDON, ENGLAND – JULY 14: Secretary of State for Business, Energy and Industrial Strategy Kwasi … [+] Kwarteng (R) intridcues Conservative leadership candidate Liz Truss (L) as she launch...
The Bitcoin Policy Institute Explains Why CBDCs And The US Are Not A Match
The latest report by The Bitcoin Policy Institute goes for the lowest hanging fruit. It tries to convince US politicians that “CBDCs will erode the distinction between America and authoritarianism,” w...
Four Takeaways From America’s $280 Billion Industrial Policy To Counter China
Last month, President Biden signed the $280 billion industrial policy bill known as the Chips Act. It’s been long discussed as an answer to the computer chip shortages that have devastated the supply ...
State & Federal Officials Increasingly Seek Policy Change Through Litigation Instead Of Legislation
President Joe Biden & North Carolina Gov. Roy Cooper in Raleigh, N.C. (AP Photo/Susan Walsh) Copyright 2021 The Associated Press. All rights reserved. Someone at the IRS criminally leaked confiden...
British Pound Slumps to Lowest Level against Dollar as New Tax Cut Policy Is Unveiled
The British Pound is not alone in its slump against the United States Dollar as other currencies including the Euro are also recording a similar faith. The British Pound Sterling is buckling under the...
Coinbase Policy Chief Kara Calvert Talks SEC Enforcement at Mainnet 2022
Coinbase Policy Chief Kara Calvert Talks SEC Enforcement at Mainnet 2022 Kara Calvert, Head of U.S. Policy at Coinbase, talks with Decrypt’s Dan Roberts and Stacy Elliott in our Decrypting Mainn...
Wharton’s Jeremy Siegel accuses Fed of making one of the biggest policy mistakes in its 110-year history
““I think we’re giving Powell too much praise. … The last two years are one of the biggest policy mistakes in the 110-year history of the Fed by staying so easy when everything was booming.”” — Jeremy...
Rep. Davidson says ‘outside chance’ of stablecoin bill this year, likely next year with GOP majority
Congress has a shot at finalizing stablecoin legislation this year, says Congressman Warren Davidson, despite midterm elections in November breaking up the legislative calendar. “There’s an outside ch...
Washington is too obsessed with cryptocurrencies, CFPB director says
Consumer Financial Protection Bureau Director Rohit Chopra sees stablecoins as a rapid growth area that regulators will need to monitor for risks to the rest of the financial system. “A stableco...
Better Diet Quality Leads To Better Health And Wellbeing For Americans
September should be a big month for nutrition. For too long, we have struggled and failed to curb food and nutrition insecurity, to mitigate rising rates of obesity, and to reduce the prevalence of di...
Proof of security? Gensler eyes proof of stake after The Merge
Ethereum’s successful shift from proof of work to proof of stake was a public relations win for the cryptocurrency thanks to dramatically shrinking the network’s energy consumption. But the most infl...
Abortion Access Influences Location Decisions For One In Five U.S. Manufacturing CEOs, According To Forbes-Zogby Poll
Two of Indiana’s biggest employers said last month that they’d think twice about expanding facilities in the state after the legislature passed a near-total ban on abortion. A new poll shows that, nat...
Hang Seng & Shanghai Composite Approach Key Levels For Policy Support
China Last Night KraneShares Key News Asian equities were largely off on light volume though a few countries managed small gains. Australia avoided the Fed and Putin’s escalation induced risk-of...
Draft stablecoin bill in Congress to require Fed, state regulator approval
Draft legislation to create a U.S. federal framework around stablecoins would temporarily ban the types of payment coins that are not backed by outside assets — similar to TerraUSD, an algorithmic sta...
Voyager creditor committee Twitter account temporarily suspended
As the Voyager auction closes its sixth day with no reported winner, the Twitter account tasked with keeping customers in the loop appears to have been suspended. The Twitter account appeared back on...
Japanese Yen Plunges to 24-year Low as Yield Control Policy Takes Center Stage
As the Japanese yen plunges to its weakest level since 1998, analysts ponder on how best to address this and other macroeconomic issues. The Japanese yen has plunged to the lowest levels not seen in a...
Sanctions against crypto mixers can deter financial crimes
Sanctions against cryptocurrency mixers like Tornado Cash can strengthen the United States’ sanctions regime against Russia and other illicit actors, and can serve as a deterrent to criminals that wou...
Voters skeptical of Federal Reserve digital currency, poll finds
More than half of voters in Senate battleground states oppose a digital currency issued by the Federal Reserve, according to a new poll commissioned by a conservative group. The new survey comes as t...
Crypto super PAC has spent more than $10 million in midterm primaries
GMI PAC—a political action committee backed by some of the crypto market’s biggest participants—is setting its sights on 2024 after spending more than $10 million in this cycle’s congressional p...
Financial stability regulators to meet on digital assets next week
The Financial Stability Oversight Council, chaired by Treasury Secretary Janet Yellen, will meet Sept. 23 to work on its report regarding regulatory gaps for digital assets and potential risks posed b...
Crypto industry, lawmakers slam Biden administration reports
Cryptocurrency industry groups and Republican lawmakers panned a set of highly anticipated digital asset reports from the Biden administration, saying the new documents “miss the mark” and “kick the c...
Here are all of the Biden administration’s crypto reports
A trio of reports released Friday morning by the Biden administration represent a key step in the federal government’s efforts to lay out a comprehensive approach for American crypto policy and ...
Binance CZ Favors Biden’s Regulatory Policy Unlike Other Industry Leaders
U.S. President Joe Biden ordered federal agencies in March to analyze the crypto industry in order to design better regulations protecting users. After six months of Biden’s order, the government auth...
U.S. Treasury sanctions neo-Nazi Russian wallet addresses
The U.S. Treasury’s Office of Foreign Assets Control sanctioned digital currency addresses associated with a Russian military task force. The sanctioned addresses included BTC, ETH and USDT that...
How Should America Deal With Undocumented Immigrants?
11 million undocumented immigrants live in the USA. What should be done with them? (Photo by David … [+] McNew/Getty Images) Getty Images Two publications appeared recently dealing with the U.S....
Coinbase Adds Crypto Policy Integration
Coinbase hopes to help fund pro-crypto candidates in cryptocurrencies Coinbase users can now register to vote through the app In a first for a cryptocurrency exchange, Coinbase moved on Wednesday to s...
Crypto Lobbyist Group Tells SEC Its Time for Bitcoin ETF, Says Regulator Is Inconsistent With Policy
A crypto lobbyist group is telling the U.S. Securities and Exchange Commission (SEC) that its inconsistent policies render it difficult to create a Bitcoin (BTC) exchange-traded fund (ETF). In a new r...