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Regulation
New York introduces bill to legalize crypto payments for state purposes
Legislators in New York introduced a bill in the local senate on Jan. 26 that could allow state agencies to recognize cryptocurrency as a legal payment.If the bill…
Custodia, a crypto bank in Wyoming, denied membership in Federal Reserve System
At a time when regulators are scrutinizing the crypto industry like never before, digital assets bank Custodia hoped the U.S. government would welcome its…
Bitcoin Holds Steady Above $23K, White House Urges Congress to ‘Step Up’…
The SSR measures the ratio between the supplies of bitcoin and stablecoins. As stablecoins represent buying power, a reduction in the SSR implies that investors are…
White House Blames Congress for Failure to Enact Crypto Regulations
The White House pointed the finger at Congress Friday for stalling on a comprehensive, national crypto regulatory framework, outlining numerous actions lawmakers…
Federal Reserve denies membership to crypto adjacent bank Custodia
The Federal Reserve Board on Jan. 27 denied an application by Custodia Bank Inc. to become a member of the Federal Reserve System. The move comes amidst increasing…
White House report says it would a ‘grave mistake’ to deepen ties between…
A new White House report provides additional insight into the mind of the executive branch of the US federal government when it comes to regulating…
The crypto world is sending mixed signals
Layoffs abound in the crypto world, as they have since early May. The year switched anew on the calendar, yet the…
White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation –…
White House Calls on Congress to ‘Step Up Its Efforts’ on Crypto Regulation CoinDesk
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Traditional Banks Set to Dominate Crypto Stablecoin Market as Regulatory Certainty Grows
Algorithmic stablecoins use self-regulating mechanisms to keep their private stablecoins pegged to another currency, a system that has had a rocky history.…
Regulatory Clarity? Financial Watchdogs Could Not Be More Clear
What is meant by regulatory clarity? The U.S. Congress has the power to draft and pass laws that direct government agencies such as the SEC and DOJ to issue rules,…
