Regulation Archives - Page 10 of 35

Korean Central Bank Advocates Measured Stablecoin Approach

Leave a Comment / Bullish, Regulation, South Korea, Stablecoin / best time

South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, initially prioritizing regulated commercial banks for their issuance. Stablecoins Could Significantly Influence Korean Monetary Policy South Korea’s central bank is advocating for a phased introduction of won-denominated stablecoins, prioritizing rigorously regulated commercial banks for initial issuance. According to Ryoo Sang-dai, senior deputy […]

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Majority Whip Tom Emmer says House will vote on GENIUS stablecoin bill if paired with CLARITY Act

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Key Takeaways The House is likely to consider the GENIUS stablecoin bill only if it’s accompanied by the CLARITY Act. The GENIUS Act would establish federal standards and licensing for stablecoin issuers, while the CLARITY Act provides regulatory categorization for digital assets. Share this article House Majority Whip Tom Emmer has indicated that the stablecoin-centric

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US academic institutions urge SEC to implement stringent crypto staking rules, oversight

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Representatives from multiple universities met with the US Securities and Exchange Commission’s (SEC) Crypto Task Force on June 23 to discuss a staking rulebook. The meeting included representatives from the University of California, Berkeley School of Law, Georgetown University Law Center, the University of Chicago Law School, and venture firm Placeholder. According to the logs,

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DOJ Alum Kevin Muhlendorf Tapped To Police SEC As Inspector General Ahead of Trump’s Crypto Shift

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The United States Securities and Exchange Commission (SEC) is tapping former U.S. Department of Justice attorney Kevin Muhlendorf to be the agency’s new Inspector General, a June 23 press release from the federal regulator shows. SEC Chair Praises Kevin Muhlendorf’s Watchdog Credentials According to the Monday press release, the one-time litigation associate at Steptoe &

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Powell reaffirms Fed has no issues with banks conducting crypto activities

Leave a Comment / Adoption, Banking, crypto, Featured, Regulation / best time

Federal Reserve Chair Jerome Powell reaffirmed that the central bank does not object to U.S. banks providing services to cryptocurrency companies or participating in crypto-related activities, so long as they follow established risk management and consumer protection standards. Powell made the statement during his semiannual monetary policy report testimony before the House Financial Services Committee

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US Senator’s Bill Aims to Block Officials From Profiting off Crypto Endorsements

Leave a Comment / Bearish, Congress, Donald Trump, Regulation / best time

U.S. Senator Adam Schiff has introduced the “Curbing Officials’ Income and Nondisclosure (COIN) Act,” aimed at preventing the president, vice president, and their immediate families from using their positions for personal financial gain. Act Seeks to Block Officials From Endorsing Tokens Bearing Their Names U.S. Sen. Adam Schiff has introduced a bill barring the U.S.

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Senator Adam Schiff Moves to Ban Presidents and Families From Profiting Off Crypto

Leave a Comment / Altcoin News, Bitcoin, Regulation, Trump / best time

Senator Adam Schiff (D-CA) introduced legislation on Monday that would bar the president, vice president, and their immediate family members from engaging in crypto-related business ventures while holding office. Key Takeaways: Senator Schiff’s COIN Act would bar the president and family members from issuing or endorsing crypto. The bill requires disclosure of any digital asset

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Crypto Scores Major Win as Fed Scraps Reputation Risk in Supervision

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The Federal Reserve’s pivotal policy change strips away reputational risk limits, opening powerful new avenues for U.S. banks to expand crypto services and fuel digital asset growth. Fed’s Shift on Reputation Risk Accelerates Crypto’s Banking Integration A major regulatory shift is paving the way for stronger integration of cryptocurrencies into the U.S. banking system, marking

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Texas could potentially invest up to .1B in Bitcoin if it allocates 10% of its treasury fund

Texas could potentially invest up to $2.1B in Bitcoin if it allocates 10% of its treasury fund

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Texas Governor Greg Abbott signed the “Bitcoin Reserve Bill” SB 21 into law on June 21, allowing the state to invest an unlimited amount of money from the state’s fund into Bitcoin (BTC). SB 21 creates the Texas Strategic Bitcoin Reserve and lets the Comptroller buy BTC so long as the asset’s market cap exceeds

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Texas to buy Bitcoin for state reserves long before Trump’s Bitcoin reserve delivers

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Texas is now legally empowered to build its own Bitcoin reserve funded with taxpayer dollars before the federal government takes any comparable action. Governor Greg Abbott on Saturday signed Senate Bill 21, a law that explicitly allows the state to buy and hold Bitcoin and other top-tier cryptocurrencies. The measure passed the Texas House and

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