DC Turf War Opens Up Crypto Regulatory Arbitration

Representations of the Bitcoin cryptocurrency are seen in this illustration, August 10, 2022. Sign up now for FREE unlimited access to Reuters.com Record WASHINGTON, Aug 18 (Reuters Breakingviews) – Crypto firms may divide and conquer Washington’s regulatory fiefdoms. The US Federal Reserve staked out its territory this week and told lenders to notify it if … Read more

ECB Steps In As Banks Dip Into Crypto Pool

Signage is seen outside the European Central Bank (ECB) building, in Frankfurt, Germany, July 21, 2022. REUTERS/Wolfgang Rattay Sign up now for FREE unlimited access to Reuters.com Record LONDON, Aug 17 (Reuters) – The European Central Bank (ECB) said on Wednesday it would harmonize the way banks offer crypto assets to ensure they have enough … Read more

Federal Reserve Issues Guidance for Banks Considering Crypto Activities

In this illustration, August 10, 2022, depictions of the Bitcoin cryptocurrency and the US dollar are seen. REUTERS/Given Ruvic/ Sign up now for FREE unlimited access to Reuters.com Record WASHINGTON, Aug 16 (Reuters) – The U.S. Federal Reserve on Tuesday issued additional guidance for banks considering activities involving cryptocurrencies, emphasizing that companies should notify the … Read more

Cryptoverse: Blockchain Bridges Fall in Troubled Waters

Representations of the cryptocurrencies Bitcoin, Ethereum and Dash are submerged in water in this illustration taken on May 23, 2022. REUTERS/Dado Ruvic/Illustration Sign up now for FREE unlimited access to Reuters.com Record Aug 9 (Reuters) – Another day, another hack and another blockchain bridge burned. When thieves stole an estimated $190 million from US crypto … Read more

US Consumer Watchdog To Scrutinize Crypto Payments, Big Tech Moves Into Finance: Director

WASHINGTON, July 27 (Reuters) – The top U.S. consumer watchdog plans to examine the use of cryptocurrencies for real-time payments and increase oversight of big tech companies as they expand into the traditional financial sector, its director told Reuters. The Consumer Financial Protection Bureau (CFPB) will also publish a report this fall on BNPL or … Read more

Cryptoverse: What crisis? Venture capitalists bet big on cryptocurrencies

A stock chart is seen with a representation of bitcoin in this illustration taken on March 13, 2020. REUTERS/Dado Ruvic/ Sign up now for FREE unlimited access to Reuters.com Record July 26 (Reuters) – Not all is doom and gloom. Even as the cryptocurrency sector shivers in the bleak winter, venture capitalists are pouring money … Read more

US SEC is working to register crypto lending firms: Gensler

US Securities and Exchange Commission (SEC) Chairman Gary Gensler testifies before a Senate Banking, Housing and Urban Affairs Committee oversight hearing on the SEC on Capitol Hill in Washington, USA. , September 14, 2021. REUTERS/Evelyn Hockstein/Pool Sign up now for FREE unlimited access to Reuters.com Record WASHINGTON, July 21 (Reuters) – The U.S. Securities and … Read more

Australian BNPL Zip May Take Over US, European Units, ‘Deprioritize’ Crypto Offering

The Zip logo is seen on a smartphone in front of the same logo shown in this illustration taken on January 25, 2022. REUTERS/Dado Ruvic/Illustration Sign up now for FREE unlimited access to Reuters.com Record SYDNEY, Jul 21 (Reuters) – Australian buy now and pay later Zip Co Ltd said on Thursday it was weighing … Read more

Analysis: Clients of Crypto Lender Celsius Face Long Wait for Their Funds

WASHINGTON/LONDON, July 15 (Reuters) – Clients of crypto lender Celsius face a long and anxious wait to find out how, when and even if they will get their money back after the company filed for bankruptcy, becoming one of the greatest victims of the crisis. crash in crypto markets this year. Citing extreme market conditions, … Read more

Global Crypto Rules Needed to Keep Markets Clean, UK Watchdog Says

A representation of the cryptocurrency is seen in front of the Binance logo in this illustration taken on March 4, 2022. REUTERS/Dado Ruvic/Illustration/ Sign up now for FREE unlimited access to Reuters.com Record LONDON, July 14 (Reuters) – Global rules are needed to regulate international crypto firms like Binance and “keep the markets clean”, Britain’s … Read more