Critics of the rule said it would be technically impossible for some projects to comply because smart contracts and author-decentralized tools do not have name or address information to provide.
The Acting OCC head will reportedly end his brief tenure running the federal banking regulator by the end of the week.
The U.K. government is focusing on stablecoins for the next phase of its development of crypto regulations.
The Financial Conduct Authority ban on the sale of derivatives and exchange-traded notes was passed in October.
Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said.
The president of the National Association of Cryptocurrencies of Venezuela (Asonacrip) praised the recent bull run seen in bitcoin’s prices across the board, which “favors the usability of a very novel crypto asset,” such as the petro (PTR). Petro Is Gathering Strength Due to Its Surging Prices in the Secondary Market, Says Venezuela’s Asonacrip During […]
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Reps. Warren Davidson, Tom Emmer, Ted Budd and Scott Perry urged Steven Mnuchin to rethink his rumored self-hosted wallet regulations in an open letter Wednesday which warned such rules might “crush a nascent industry.”
On November 30, 2020, bitcoin crossed an all-time price high on a few global exchanges and between spot and derivatives markets there’s been a lot of action. One metric people didn’t notice was the fact that November 2020 saw the most number of redeemed Casascius physical bitcoins in three years. Approximately 92 coins were peeled […]
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Prolonged but fruitless efforts to get regulators on the firm’s side seem to have exhausted Ripple’s patience as it eyes a potential IPO and fights a lawsuit.
XMR, DASH and ZEC “were delisted at the same time for the same reason – to further derisk the company from a regulatory standpoint.”