us regulators
US Crypto Crackdown Could Stifle Innovation and Weaken Dollar
The recent Wells notice issued by the SEC to Coinbase, along with other legal threats against crypto firms, has raised concerns among industry experts that the US crackdown on cryptocurrencies could stifle innovation and weaken the dollar. Some believe that the regulatory environment in the US is driving jobs, investment, and innovation offshore, to countries like Singapore, Hong Kong, and potentially Australia.
US Bank Failures Shock Regulators
The New York Department of Financial Services and the US Federal Reserve Board have published their internal reviews on the handling of Signature Bank and Silicon Valley Bank's failures. The string of bank failures, including Silvergate Bank's voluntary liquidation, has prompted regulators to re-evaluate their supervision.
US Crypto Crackdown Hurts USD Coin
Circle CEO Jeremy Allaire has blamed the declining market capitalization of USD Coin (USDC) on the cryptocurrency crackdown by US regulators. Allaire cited global concern about the US banking system and regulatory environment as major factors.
US Regulators Overreach to Protect US Dollar Supremacy with TON Decision, Will Bitcoin be next?
If the last two years have revealed anything about our global monetary system, it is that the US Federal Reserve and President Donald Trump really do not want a competitor to the US Dollar.
Grayscale CEO Optimistic that US Regulators Can't Stop Bitcoin
Barry Silbert, CEO of Grayscale Investments thinks that Bitcoin has too much support from policymakers in the United States to ever be shut down completely.
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.
US Congress Examines Draft Stablecoin Bill While Facebook Will Not Launch Libra Until US Regulators Approve
The United States Congress has been considering drafting a bill that argues that all managed stablecoins must be treated as investment contracts and hence are securities.
Ripple CEO Urges US Regulators to Embrace Crypto as Country Risks Falling Behind China
CEO of Ripple, Brad Garlinghouse, has disclosed how China has taken the lead in blockchain and crypto as the US risks losing out.
Bitcoin Bull Tim Draper Says Regulators Have Made IPOs Too Expensive
Speaking on Unitize panel, billionaire investor Tim Draper advised blockchain companies to avoid funding through an initial public offering (IPO) as regulators have made the process far too expensive.
“We Can’t Let China Beat Us,” Document shows US Regulators Want to Pass a National Blockchain Bill
Lawmakers in the US are coaxing the federal government to consider a national blockchain strategy for regulation and growth, citing China’s Blockchain Service Network as an example.
United States Financial Regulators Sign Onto the Global Financial Innovation Network
In a joint report released by the US Securities and Exchange Commission on 24th October 2019, four US financial watchdogs have joined the Global Financial Innovation Network (GFIN).
Chainalysis Releases Crypto Market Intelligence Site Catered to Asset Managers and Regulators
Blockchain analysis firm Chainalysis released Market Intel, a new website catered to asset managers and regulators for access to live crypto data and insights. Chainalysis’ Market Intel will leverage the firm’s proprietary data, which has been collecting and linking to real-world entities since 2014.
Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators
The leaked "Tai Chi" document obtained by Forbes indicates that Binance.US was set up to circumvent regulation—a claim that CEO Changpeng Zhao (CZ) vehemently denies.
Zuckerberg's Hearings with Congress and What the US Regulators Really Think
It has been more than three months since Facebook announced plans to launch its digital currency, Libra in June 2020; however, the social media giant has met with regulatory and political skepticism globally.
What Does Oracle's TikTok Deal Mean for the US? ByteDance Confident President Trump Will Approve Deal
ByteDance is confident that its deal with Oracle tech giant for TikTok’s US operations will be approved by both Chinese and American regulators.