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Regulators

Federal Reserve Drops Report Outlining Pros and Cons of Central Bank Digital Currencies

The Federal Reserve has released its anticipated report on the feasibility of issuing a central bank digital currency (CBDC) in…

January 21, 2022

SEC Head Wants To Take Steps To Bring Crypto Exchanges Under Regulations: Report

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler says he wants to bring crypto exchanges under the umbrella of…

January 21, 2022

Banking Giant BNY Mellon Expects Significant Revenue From Its Crypto Services: Report

America’s oldest bank is eager to capitalize on the cryptocurrency revolution but remains concerned that the government still has not…

January 20, 2022

Big Four Accounting Firm Says Financial Institutions Need Regulatory Clarity on Crypto To Remain Competitive

Ernst & Young, one of the world’s leading accounting institutions, says that financial services firms must learn how to navigate…

January 18, 2022

OCC Chief Calls for Collaboration of Federal Entities in Crypto Regulation

The U.S. Office of the Comptroller of the Currency (OCC) says that federal authorities must cooperate in order to properly…

January 17, 2022

Investment Giant Fidelity Says Countries That Adopt Bitcoin Early May Outperform Their Peers: Report

Financial services giant Fidelity says that more nations will buy Bitcoin (BTC) this year to remain competitive. In a new…

January 16, 2022

US Lawmakers Schedule Hearing To Probe Energy Impact of Crypto

Legislators in the US are set to hold another crypto hearing with both in-person and virtual attendance. The House's Energy…

January 14, 2022

Congressman Introduces Bill To Limit Federal Control of US-Backed Crypto Assets

A US Representative is introducing a bill that would prevent the Federal Reserve from issuing government-backed crypto assets directly to…

January 13, 2022

Fed Chair Jerome Powell Says Full Report on Digital Currencies To Be Released in Coming Weeks

U.S. Federal Reserve chair Jerome Powell says that the government’s report on digital currencies, which was supposed to be released…

January 13, 2022

IMF Says Growing Connection Between Crypto and Traditional Finance Pose New Risks

The International Monetary Fund (IMF) is issuing a warning to investors that a growing link between crypto assets and the…

January 12, 2022