Regulators Are Paying Attention to UST
The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.
The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.
Finance ministers want to see financial stability and money-laundering standards in effect soon, citing recent market turmoil.
Market instability in stablecoins will need to be taken into account, the FCA's executive director for markets said.
FinCEN Associate Director Alessio Evangelista said crypto service providers shouldn't wait for the government to designate a wallet if it's being used for illicit activity.
G-7 officials meeting in Germany want the Financial Stability Board to act more quickly, says a Reuters report.
Former U.S. Treasury official Michael Barr fielded questions about crypto during his Senate nomination hearing.
Plans to share bitcoin data with foreign tax authorities may be hard to adapt to transparent, decentralized blockchains – but once in place, new rules are hard to shift.
The 5th Circuit Court of Appeals found that the targets of SEC enforcement actions had their constitutional rights violated by the use of in-house judges.
Federal officials saw Coinbase’s admission about customers’ vulnerability in a bankruptcy and will call for congressional action to segregate clients’ funds, source says.
SEC Chair Gary Gensler told U.S. House budget appropriators that he’d like to be doing more to protect crypto investors.