Crypto


Policy

Bank Collapses Underscore G-20 Hesitance on Crypto: Source

As the current president of the G-20, India has the power to ask international bodies tasked with framing the global crypto rules to factor in recent bank collapses.

Indian fFnance Minister Nirmala Sitharaman (right) with U.S. Treasury Secretary Janet Yellen (Indian Finance Ministry)

Policy

IMF Had Warned G-20 Widespread Crypto Use Would Impact Banks

"Finally, banks may lose deposits and have to curtail lending," the report made available to the G-20 in February said.

IMF Managing Director Kristalina Georgieva (Helene Braun/CoinDesk)

Policy

Banks Shouldn’t ‘Punish’ Crypto Industry, Republican Senators Urge

A crackdown on digital-assets companies is reminiscent of a campaign targeting gun sales, Federal Reserve Chairman Jerome Powell was told.

Sen. Bill Hagerty (Scott Olson/Getty Images)

Policy

Federal Reserve Setting Up New Squad of Crypto Specialists

Michael Barr, the Fed’s vice chairman for supervision, said the central bank is trying not to stomp on crypto innovation and sees the need for stablecoin controls.

Fed Vice Chairman for Supervision Michael Barr (Nikhilesh De/CoinDesk)