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UK Treasury Drafting Private Stablecoin Regulations and Researching CBDC with BoE

UK Treasury Drafting Private Stablecoin Regulations and Researching CBDC with BoE

The United Kingdom’s Treasury Department has announced it is drafting private stablecoin regulation while it continues central bank digital currency (CBDC) research.

Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy

Mode: The First UK-Listed Institution to Purchase Bitcoin as Part of its Treasury Investment Strategy

Mode has recently become the first UK publicly-traded company to purchase a significant amount of Bitcoin as part of its treasury investment strategy.

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

US Declares China a 'Currency Manipulator' while Bitcoin Sees Growth

The US Treasury Department officially designated China as a “currency manipulator” on Monday following the largest stock market losses the U.S has seen in 2019.

Circle CEO Tells US Treasury Department to Provide a "Meaningful Safe Harbor" for the Crypto Industry

Circle CEO Tells US Treasury Department to Provide a "Meaningful Safe Harbor" for the Crypto Industry

Circle CEO wants the US Treasury Department to provide improved regulation that can offer a “meaningful safe harbor” for players within the cryptocurrency.

US Treasury Department Warns Regulators of Potential Risks of Digital Assets

US Treasury Department Warns Regulators of Potential Risks of Digital Assets

The Financial Stability Oversight Council (FSOC) of the US Treasury Department has released its annual report with a crucial warning of digital assets disruption.

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

President Trump Instructed Clamp Down on Bitcoin, Alleges Former National Security Advisor

John Bolton, a former national security advisor in the Trump administration, has purported that the US president ordered Treasury Secretary Steven Mnuchin to crack down on Bitcoin in mid-2018.

Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol

Janet Yellen says Crypto Terrorist Financing is a Concern Following Attacks on US Capitol

Janet Yellen highlighted the “growing concern” of crypto being leveraged to finance terror just weeks after the US Capitol was attacked by domestic terrorists paid in BTC.

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong Financial Watchdog Proposes Restricting Cryptocurrency Trading to Professional Investors

Hong Kong retail traders may be prohibited from trading cryptocurrencies if the city’s Financial Services and the Treasury Bureau’s proposed rule is approved.

Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary

Joe Biden Considers Crypto-Friendly Former CFTC Chair Gary Gensler For Deputy Treasury Secretary

President-elect Joe Biden is considering Gary Gensler, the former Commodity Futures Trading Commission chairman, to become Deputy Treasury Secretary.

Coinbase CEO Warns Exiting President Trump May Drop Crypto Wallet Regulation Bomb

Coinbase CEO Warns Exiting President Trump May Drop Crypto Wallet Regulation Bomb

Coinbase CEO Brian Armstrong shared rumors that the Trump Administration may rush crypto wallet regulations on traders with privacy-invading data-collection requirements.

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

Philippines Becomes the First to Leverage Blockchain to Issue Retail Treasury Bonds in Asia

The Filipino government has launched a blockchain-based app that will be utilized in the distribution of government-issued bonds. The novel project dubbed Bonds.PH was developed by the country’s Bureau of Treasury in conjunction with Union Bank and the Philippines Digital Asset Exchange.

Polkadot’s Treasury Built as a Significant Step Towards the Vision of a Decentralized Internet

Polkadot’s Treasury Built as a Significant Step Towards the Vision of a Decentralized Internet

Polkadot has recently established a new decentralized platform—Polkadot Treasury, to fund projects.

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