China’s Foreign Exchange Regulator Piloting Blockchain in Trade Finance
The agency that regulates and manages China's foreign exchange reserves will trial a blockchain system addressing inefficiencies in cross-border trade.
CSBS will make it easier for crypto companies to prove they’re in compliance with state regulations, but they’ll still have to apply for each state’s license first.
“My job here is not to protect incumbents,” says acting Comptroller of the Currency (and Coinbase veteran) Brian Brooks of his fintech-forward agenda.
While neither major Presidential candidate is campaigning on a crypto platform, who they appoint to head up federal agencies will shape policy for years to come.
The New York Department of Financial Services has outlined a new approach to approving what coins crypto exchanges can list in the Empire State.
SEC Commissioner Hester M. Peirce is worried that the regulators are moving too slowly for the crypto ecosystem.