IMF calls for coordinated action over fears crypto could undermine global monetary system

The International Monetary Fund took a seemingly tough stance toward growing crypto adaptation with a set of recommendations for member countries and a call for a “coordinated response.” &...

Democrats’ Price Controls Undermine Biden’s Cancer Moonshot

WASHINGTON, DC – MARCH 01: U.S. President Joe Biden delivers the State of the Union address during a … [+] joint session of Congress in the U.S. Capitol’s House Chamber March 01, 202...

Indian Central Bank Chief Insists Crypto Should Be Banned — Warns ‘It Will Undermine Authority of RBI’ – Regulation Bitcoin News

India’s central bank has reiterated its stance on banning cryptocurrencies like bitcoin and ether. The governor of the Reserve Bank of India (RBI) likened cryptocurrency trading to gambling. He warned...

How Turkey’s Latest Actions Could Fatally Undermine Its Yearlong Bid For New F-16s

In a mere week, Turkey attacked the United States’ Kurdish allies in Syria, endangered U.S. troops, and again doubled down on its contentious purchase of an advanced Russian air defense system. Such a...

New FTX CEO Says Former Billionaire Bankman-Fried Led ‘Unprecedented’ Failure—’Incessant’ Tweets Undermine Bankruptcy Case

Topline Longtime bankruptcy attorney John J. Ray III, the new CEO of befallen cryptocurrency exchange FTX Trading who led disgraced energy firm Enron after its storied collapse in 2001, issued a scath...

Economists Discuss Russia, China Potentially Developing Gold-Backed Currency That Could Undermine US Dollar – Economics Bitcoin News

Economists have weighed in on reports that China and Russia may be developing a new gold-backed currency that could undermine the U.S. dollar’s status as the world’s primary reserve currency. Russia a...

Leadership Actions On Drones Put Lives At Risk And Undermine U.S. Security

MQ-1 Predator A Tail 3034, first to fire a Hellfire in combat. Photo by Eric Long, Smithsonian National Air and Space Museum. Exactly 21 years ago today U.S. military commanders first employed a weapo...

Multiple crypto regulators could ‘undermine’ securities rules

Securities and Exchange Commission Chair Gary Gensler cautioned that multiple federal agencies overseeing securities could “undermine” market regulation, during a regular oversight hearing of his agen...

SEC chair suggests openness to crypto bills that don’t ‘inadvertently undermine securities laws’

United States Securities and Exchange Commission chair Gary Gensler supports legislation that gives the Commodity Futures Trading Commission greater authority over crypto — seemingly if it doesn’...

Tornado Cash sanctions will ultimately undermine the US and strengthen crypto

The United States government’s sanctioning of the open-source code that makes up the Tornado Cash privacy protocol may be shocking, but it’s not surprising. America has been tightening its grip over t...

Proposals for New Common Currency Resonate in Latam, to Undermine US Dollar Dependency – Economics Bitcoin News

Two new proposals for a new common currency to be established in Latam have been made recently. Former Brazilian president and candidate Luis Inacio Lula Da Silva mentioned the idea in May, and the pr...

Europe Auto Makers Fight Off Crises But Inflation, Recession, Energy Shock Undermine Prospects

Oil barrels on stack of golden coins. Growth rise of oil stock prices. 3d illustration getty The European automotive industry, buffeted by coronavirus lockdowns, worries about peace after Russian inva...

Can $1000 Support Undermine Selling Momentum?

Published 10 mins ago A constant rise in volume activity during the bearish reversal indicates momentum selling in the market. However, the falling price stalls near the $1000 psychological support zo...

SEC Chair Gensler: Crypto Bill Could ‘Undermine’ Existing Protections

U.S. Securities and Exchange Commission chairman Gary Gensler has expressed concerns that a proposed bill on how cryptocurrencies are regulated could weaken consumer protections. The bipartisan bill, ...

Crypto regulatory bill would undermine market protection

U.S. Securities and Exchange Commission chairman urban center Gensler has expressed considerations that a planned bill on however cryptocurrencies are regulated might weaken client protections. The tw...

SEC Chair Says Lummis-Gillibrand Bill Could ‘Undermine’ Market Protections

The chairman of the U.S. Securities and Exchange Commission (SEC) has expressed concerns that the recently proposed US crypto bill by U.S. Sens. Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.)...

SEC Chair Gensler Suggests Lummis-Gillibrand Bill May ‘Undermine’ Market Protections

“Frankly, if I can turn away from the legislation, we don’t want to undermine the protections we have in a $100 trillion capital market. You don’t want our current stock exchanges, o...

Cryptocurrencies Will Seriously Undermine RBI’s Capacity to Determine Monetary Policy

The RBI’s concerns mostly revolve around money laundering and crypto-sponsored terrorism. The Reserve Bank of India, popularly known as the RBI, has raised a red flag on the effects of cryptocurrencie...

How Biden’s Regulations Undermine His Own Infrastructure Plan

President Biden repeatedly proclaims his pride in getting a huge infrastructure bill through Congress with strong bipartisan support. One would think that with his plummeting popularity the President ...

Stablecoins could undermine the Hong Kong dollar

The city financial Authority (HKMA) has warned that stablecoins may undermine the Hong Kong dollar. A recent free discussion paper concerning its retail financial organization’s digital currency, e-HK...

New BMW 7 Series ICE Options Said To Undermine Image

BMW i7 xDrive60 BMW BMW has added an electric version to round off its new 7 Series flagship but the fact this includes gasoline and diesel versions undermines the company’s efforts to demonstrate tec...

IMF Says Adoption of Crypto Could Undermine Political Power, Urges ‘Global Standards’

The International Monetary Fund (IMF) is warning against the dangers of unregulated crypto in a newly released report. In the new Global Financial Stability Report, the IMF suggests that domestic poli...

The Stablecoin Issue: Should Stability Undermine Scalability

The current cryptocurrency landscape, although fast-growing, is still noticeably far from being the inadvertent choice in finance for the average Jane and Joe. Among the few barriers to entry that lin...

‘Crazy’ US sanctions against China, Russia ‘weaponise’ financial markets, threaten to undermine dollar, former HKMA chief Joseph Yam says

The eminence grise of Hong Kong’s banking circles has come out swinging against the United States in an unusual webinar that set a strident tone against the economy with which the city’s c...

IMF Warns Russia Sanctions Threaten to Undermine US Dollar Dominance – Finance Bitcoin News

Financial sanctions imposed on Russia over its invasion of Ukraine may result in reduced dominance of the U.S. currency, according to a high-ranking official at the International Monetary Fund (IMF). ...

El Salvador Postpones Issuance of Bitcoin Bonds While President Maintains They Will Undermine US$ Supremacy

Tobias Lewis El Salvador delays issuing Bitcoin-backed bonds, but the president maintains they will help undermine the US$ Nayib Bukele, the pro-crypto president of El Salvador, has tweeted that his B...