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Regulations
US Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch
The Federal Reserve’s Lael Brainard says it will take years to build a U.S. CBDC and that the project can only start once Congress and the White House sign off.
After Armstrong Tweet, India's Crypto Policy Body Says No Contempt of Court Challenge vs. RBI
The Coinbase CEO last month suggested the RBI's "shadow ban" of crypto exchanges violated a Supreme Court ruling.
Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar
The public is already served well by private-sector tokens, the USDC stablecoin issuer said in a comment letter to the central bank.
FTX’s Bankman-Fried Pitches CFTC on Directly Clearing Customers’ Crypto Swaps
The crypto exchange’s founder and CEO made his case at a Washington, D.C., roundtable, while mainstream derivatives firms painted his ideas as dangerous.
OCC Chief Hsu: Crypto Industry Has Unhealthy ‘Dependency on Hype’
The acting head of the U.S. Office of the Comptroller of the Currency has worked to limit banks’ involvement in cryptocurrencies.
US Senators Lummis and Gillibrand Set to Propose Crypto Oversight Bill Next Month
The bipartisan duo hope their bill to establish guardrails around the digital assets industry could get votes as soon as next year.
ECB Warns That Crypto Risks Could Spill Over Into Wider Economy
Given the increasing risks of crypto, it is important to bring it into the regulatory perimeter as a matter of urgency, the European Central Bank said in a report.
Wall Street Says a Fed Digital Dollar Spells Destruction for Banks
The U.S. Federal Reserve is considering whether to launch a CBDC like other nations, and bankers argue that’s a dangerous idea.
Regulators Are Paying Attention to UST
The collapse of terraUSD (UST) is algorithmic stablecoins’ Libra moment.
Crypto Should Meet Same Norms as Regular Finance, G7 Says
Finance ministers want to see financial stability and money-laundering standards in effect soon, citing recent market turmoil.
