Jon Cunliffe, deputy governor for financial stability at the Bank of England, has called for a clear regulatory framework for crypto to address risks amid the recent market downturn. In a written spee...
Tag: Regulation
Why Regulation Will Help The Buy Now, Pay Later Giants
Rather than slowing growth in the BNPL sector, regulatory scrutiny will help it grow up by shutting out smaller lenders, boosting the industry’s reputation and integrating it into the credit reporting...
We have 25 years until retirement and are saving 25% of our income — are we doing it right? And are we saving too much?
My wife, 33, and I, 40, have our own 403(b)s, Roth accounts (maxing their contributions this year for the first time) and pensions as part of our retirement plan. My wife contributes 14% of her pay t...
Proposal for crypto regulation from the G20 FSB
The G20 Financial Stability Board (FSB) has announced that it will submit its own regulation proposal to establish “solid regulation and oversight” of crypto. The G20 FSB puts forward a proposal for c...
G20 Watchdog Announces ‘Robust’ Global Crypto Regulation Coming in October – Regulation Bitcoin News
The Financial Stability Board (FSB) says it is working on a “robust” regulatory framework for crypto assets and will report its recommendations to the G20 finance ministers and central bank governors ...
Uber’s Lawlessness Began With Good Intentions; Could It Have Been Saved From Going Wrong?
BERLIN, GERMANY – JUNE 06: Germany Taxi drivers protest outside the venue as the CEO of Uber, Dara … [+] Khosrowshahi speaks at the 2018 NOAH conference on June 6, 2018 in Berlin, Germany....
FSB to submit crypto and stablecoin regulation recommendations in October
The Financial Stability Board (FSB), an international body that monitors and proposes rules for the global financial system, will release recommendations to regulate stablecoins and cryptocurrencies i...
US crypto regulation bill aims to bring greater clarity to DAOs
On June 7, United States Senators Cynthia Lummis and Kirsten Gillibrand launched the much anticipated Responsible Financial Innovation Act, proposing a comprehensive set of regulations that address so...
Effective Stablecoin Regulation is Key to Financial Stability, ECB says
The European Central Bank (ECB) has called for urgent action in the move to establish effective regulation in the stablecoin market, noting that a lack of such measures could portend risks to financia...
Russia boosting crypto monitoring as industry regulation draws closer: Reuters
Russia’s financial monitoring agency, Rosfinmonitoring, said it is upgrading its ability to track cryptocurrency transactions as Moscow looks to regulate the industry, possibly later this year, ...
The 1500 Hour Rule Has Broken The Pilot Pipeline In The U.S.
The U.S. airline industry is facing demand for pilots that won’t be met by the current training … [+] pipeline. Today’s U.S pilots are overwhelmingly male and white. Returning to an ...
Coal Is on Its Way Out, Despite Supreme Court EPA Ruling
Text size A NextEra Energy wind farm in Whitewater, Calif. Bing Guan/Bloomberg The U.S. utility industry’s shift from coal and toward renewables likely will be unaffected by a recent Supreme Court rul...
Regulation Could Help Drag Crypto Out Of The Bear Market
The cryptocurrency industry is under pressure amid a strong bear market sentiment that has wreaked havoc on the value of most tokens. With the price of assets like Bitcoin, Ethereum, Avalanche, Solana...
Crypto needs regulation to mitigate risks, says Bank of England exec
Bank of England (BoE) deputy governor for financial stability, Jon Cunliffe, recommended forming a set of regulations — similar to conventional financial systems — to tackle risks within the crypto ec...
Binance Gets VASP License From the Bank of Spain – Regulation Bitcoin News
Binance, one of the largest crypto exchanges worldwide, has secured a license from the Bank of Spain that will let the exchange operate in compliance with the local laws. This certification means that...
Biden Receives Crypto Regulation Framework from Treasury
The United States Treasury Department has delivered a crypto framework to President Joe Biden as instructed in the Executive Order (EO) issued back in March. The Treasury Department said the framewor...
Hong Kong to Introduce Licensing for Crypto Platforms Through AML Law – Regulation Bitcoin News
New legislation tailored to regulate the crypto space in Hong Kong aims to implement a licensing regime for crypto service providers. The respective changes to the region’s anti-money laundering (AML)...
Fed Vice Chair Says Crypto Needs Regulation Now Before It Threatens Stability of Financial System: Report
The Vice Chair of the Federal Reserve is reportedly saying that crypto regulations need to be enacted now before the digital assets industry threatens the stability of the entire financial system. Acc...
Regulation of Crypto Markets Needed for Overall Financial Stability ⋆ ZyCrypto
Advertisement     In the recent Bank of England’s Financial Stability Report (July 2022), the Financial Policy Committee (FPC) reported that although...
Crypto Payments Are Acceptable in Foreign Trade, Russia’s Financial Watchdog Says – Regulation Bitcoin News
Russian financial watchdog Rosfinmonitoring is ready to accept the use of cryptocurrencies in international settlements, the head of the agency, Yuri Chikhanchin, has indicated. The statement adds to ...
Fed’s Brainard Calls for Sound Regulation of Crypto Financial System to Be Established ‘Now’ – Regulation Bitcoin News
Federal Reserve Vice Chair Lael Brainard has stressed the importance of establishing sound regulation for the crypto financial system “now before the crypto ecosystem becomes so large or interconnecte...
Fed Vice Chair Calls for More Crypto Regulation, Notes Terra Collapse
The Federal Reserve vice chair today called on greater crypto regulation, noting that many investors have recently suffered significant losses. In a Friday speech at the Bank of England Conference in...
Opinion: Medicare is broken — and not in the way you might think
For nearly every retiring American, Medicare is both universal and universally complex. Yet, Medicare is broken – and not in the way most people think. Every few years, news organizations raise the a...
US Treasury Delivers Crypto Framework to Biden as Directed in Executive Order – Regulation Bitcoin News
The U.S. Treasury Department has delivered a framework for crypto assets to President Joe Biden, fulfilling its obligation as directed in the executive order on crypto that the president issued in Mar...
U.S Regulators Unveil Framework for International Crypto Regulation – crypto.news
The United States Treasury Department has collaborated with other agencies, including the U.S. Agency for International Development (USAID) to submit an international crypto regulatory framework to Pr...
U.S Fact Sheet On Global Crypto Regulation; Here’s What We Know
The U.S Treasury Department has published a fact sheet which lays a framework for international engagement related to crypto. This fact sheet was published on Thursday. It lays out how U.S plans on wo...
US Regulator Probes Bankrupt Crypto Lender Voyager Over Claims of FDIC Insurance – Regulation Bitcoin News
The Federal Deposit Insurance Corporation (FDIC) is probing crypto lender Voyager Digital over claims that it is FDIC-insured. The crypto firm previously explained that through its strategic relations...
Fed vice chair Brainard urges faster crypto regulation, touts role for stablecoin
Regulate now or regret it later, United States Federal Reserve Board vice chairperson Lael Brainard told an audience at a Bank of England conference in London on Friday. Crypto has the same basic risk...
US Treasury Report Details Crypto Regulation Framework
The United States Treasury Department has turned over a report to President Joe Biden detailing an international-level framework to address the risks and benefits of digital assets. Treasury Leads Int...