Federal Reserve Vice Chairman Michael S. Barr has published an article regarding cryptocurrencies, highlighting the creation of a team of professionals to examine the issue. In the article, Barr state...
Tag: safeguards
Gary Gensler Urges for “Appropriate Safeguards” as 1.23 Million Ethereum are Staked
The Ethereum foundation recently stated that the upgrade “is likely to take place in the first half of 2023” in a community update earlier this week, raising the likelihood that it will ship in March....
Cboe Digital reassures customers of asset safeguards
U.S.-regulated crypto exchange and clearinghouse Cboe Digital issued a letter today to customers to reassure them about asset safeguards as questions mount about the FTX liquidity crunch. “...
U.S. Senator seeks safeguards disclosures from Apple, Google amid rise in fake crypto apps
U.S. Senator Sherrod Brown (D-Ohio) sent letters to Tim Cook, CEO of Apple, and Sundar Pichai, CEO of Google and Alphabet on July 28, asking for information about what the companies are doing to prote...
US Senator Pressures Apple and Google Over Safeguards for Crypto Scam Apps
Senator Sherrod Brown (D-OH) – Chairman of the Senate Banking Committee – has sent a letter to the chief executives of Apple and Google demanding a response to fake crypto investing apps circulating i...
Singapore Regulator Considers Strengthening Safeguards on Crypto Access to Retail Trading
A Senior Minister said Monday that Singapore Central Bank is concerning updating its crypto regulations to strengthen further system safeguards on access to cryptocurrencies among the general public. ...
Solend Safeguards Its Users And Funds! But Is Solana Now In A Trouble?
The folks from the crypto town have been probing the credibility of Solana, ever since it had its first DDoS attack. Fast forward to this date, the top-tier blockchain has been a victim of a number ...
What move is Japan’s Parliament taking now regarding stablecoins to safeguards investors?
Seems like the recent fall of the Terra (LUNA) ecosystem has acted as a wake-up call for authorities all over like in Japan, who are now seeking proper actions and regulations. As per the reports, the...
UK government proposes additional safeguards against stablecoin failure risks
In a new consultation paper published on Tuesday, the Treasury of the United Kingdom proposed a new set of regulatory changes for the stablecoin industry. In its report, the Treasury highlighted the ...
UK plans new safeguards for stablecoins after Terra collapse
The world’s biggest stablecoin, tether, saw more than $10 billion in redemptions in May, fueling fears of a 2008-style “bank run.” Justin Tallis | AFP via Getty Images Britain wants ...
Huobi Global’s resilient ecosystem safeguards the platform from the colossal crypto crash
The Dutch tulip bulb market bubble and subsequent crash that occurred in the 17th century left the Netherlands in limbo for three years and often serves as a parable for greed and excess; more recentl...
EU Finance Ministers Say Digital Euro Will Bring Additional Privacy Safeguards
Lawmakers at the European Commission believe that Digital Euro could facilitate enhanced privacy for small value transactions. Central bank digital currencies (CBDCs) are going to play a major role in...
Senate Finance Committee Chair probes “lack of safeguards” in crypto tax incentives
Democratic Senator Ron Wyden is digging into the activities of crypto companies that take advantage of tax breaks provided by the Opportunity Zone program. Senator Wyden’s main concern stems from the ...
Crypto Going Mainstream Raises Need for ‘Child Safeguards’: UNICEF
UNICEF, a United Nations agency that provides humanitarian and developmental aid to children around the world, has said that the mainstreaming of digital currencies creates a need for new safeguards d...
UNICEF calls for child safeguards amid mainstream crypto adoption
The United Nations Children’s Fund has called for incorporating child safeguards into online child protection initiatives, citing financial and exploitative threats posed by unregulated crypto m...
Terra Launch Safeguards Against Market Volatility And HUH Token’s 100s Of Influencers Skyrocket Crypto
The world of crypto is changing and with it, the measures cryptocurrencies like Terra (LUNA) and HUH Token (HUH) must go to, in order to attain the trust of crypto investors. The FCA recorded in their...
Chicago Public Schools Classes To Resume On Wednesday After Teachers Union Agrees To Deal On Covid Safeguards
Topline Chicago Public School students will return to classrooms on Wednesday after leaders of the Chicago Teachers Union approved the school district’s plan on Covid-19 safety protocols late on Monda...