Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation
Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity on aspects of the digital asset space, including stablecoins.Speaking with Cointelegraph at the North American Blockchain Summit o ...
Bim Afolami takes the reins on UK crypto policy as new Economic Secretary
King Charles II has approved the appointment of Member of Parliament Bim Afolami to the position of Economic Secretary to the Treasury of the United Kingdom.In a Nov. 13 notice, the U.K. government said Afolami was one of several appointments in restructuring ministers and secretaries. As ...
NIST establishes AI Safety Institute Consortium in response to Biden executive order
The United States National Institute of Standards and Technology (NIST) and the Department of Commerce are soliciting members for the newly-established Artificial Intelligence (AI) Safety Institute Consortium. Participate in a new ...
Coinbase signals EU, Canada, Brazil, Singapore and Australia as priorities
Coinbase has flagged several countries outside the United States where it intends to focus its operations in the near term, citing their comparatively clearer crypto laws.In a Sep. 6 blog post, Coinbase’s international business VP, Nana Murugesan and international policy VP, Tom Duff ...
IMF, FSB release joint policy recommendations for crypto assets
The International Monetary Fund (IMF) and the Financial Stability Board (FSB) have published a joint paper containing policy recommendations at the request of the Indian G20 Presidency. The organizations have created the paper to combine the standards and consolidate collective recommendatio ...
Ripple Labs chair slams Biden, Gensler for having ‘screwed up’ on crypto
The United States’ legal system is set to bring the crypto industry “back in the game” after the Biden administration “screwed up” its crypto policy, says Ripple Labs chair and co-founder Chris Larsen.Speaking to Bloomberg on Sep. 7 about his firm’s July ...
Blockchain Association calls for investigation into Prometheum over alleged ‘sweetheart’ SEC deal
The United States-based crypto advocacy group Blockchain Association has submitted a letter to the Securities and Exchange Commission’s (SEC) Office of Inspector General calling for an investigation into crypto firm Prometheum.In a July 12 letter, the Blockchain Association requested ...
Australia’s crypto laws risk being outpaced by emerging markets: Think tank
The Australian government needs to quicken its pace in developing crypto regulation or risk falling behind developing markets, according to the chair of a new crypto think tank.Loretta Joseph, chair of the Australian Digital Financial Standards Advisory Council (ADFSAC) — the newly l ...
Democrats’ ‘war on crypto’ will lose its key voters: Winklevoss twins
United States President Joe Biden and the Democratic Party risk losing its crucial youth voters as a result of their continued “war against crypto," according to the Winklevoss twins.On June 10, the co-founder of the crypto exchange Gemini, Cameron Winklevoss, tweeted the Democrats w ...