There’s a ‘Civil War’ Inside the Biden White House Over Crypto – Caitlin Long

Michelle Makori, Lead Anchor and Editor-in-Chief at Kitco News, interviews Caitlin Long, CEO of Custodia Bank, who says there is a coordinated effort from within the White House “to kill” the crypto industry. Long adds that a “civil war” is happening inside the Biden administration, which is divided into anti- and pro-crypto camps. She also […]

This crypto could ‘massively’ take over banking and finance in U.S. – Nevin Freeman

Nevin Freeman, Cofounder of stablecoin platform Reserve, joins Ernest Hoffman of Kitco News to explore the implications of Congress’ new stablecoin draft bill. They also discuss the potential for tokenized securities, the SEC’s recent enforcement actions, and why stablecoins could displace banks in the developed world. Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) Follow Nevin […]

FCA announces new advertising rules for crypto assets

2023-06-14 07:00:21 The UK’s Financial Conduct Authority has revealed new advertising rules for crypto assets to ensure users understand the risks associated with crypto. According to the new rules, companies dealing with cryptocurrencies need to make sure that people are well-informed and have enough experience to invest in crypto. Furthermore, crypto promotions need to include […]

Global Crypto Regulation Needs Coordination, not Duplication, Legal Experts Say

2023-04-28 AUSTIN, Texas — Crypto regulatory frameworks need to be coordinated internationally but tweaked to meet local differences, legal experts said at a panel during Consensus 2023 here on Friday. “It’s not good to put crypto all in the same basket and look at it in a vacuum,” said Marianne Bechara, senior counsel at the […]

Crypto red flags and crypto crash: Former regulator explains – Maureen Jensen

Maureen Jensen, former head of the Ontario Securities Commission, warns of the risks of investing in cryptocurrency exchanges, and talks about the future of mining with David Lin, Producer and Anchor at Kitco News. Follow David Lin on Twitter: @davidlin_TV (https://twitter.com/davidlin_TV) Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW) 0:00 – Crypto exchange problems 6:32 – […]

China’s Digital Currency Used in Transactions Worth $10 Billion, 140 Million People Have Digital Yuan Wallets – Regulation Bitcoin News

2021-11-07 03:00:16 China’s central bank digital currency (CBDC), the digital yuan, has been used in transactions worth nearly $10 billion, according to an official with the Chinese central bank, the People’s Bank of China (PBOC). In addition, the government digital wallet has been downloaded by about 140 million people. Digital Yuan’s Adoption Rises, Nearly $10 […]

US Senators Urge Facebook to Discontinue Crypto Wallet Pilot Citing ‘Insufficient’ Ability to Keep Consumers Safe – Regulation Bitcoin News

2021-10-20 17:33:14 A group of U.S. senators has asked Facebook CEO Mark Zuckerberg to discontinue his company’s crypto wallet pilot and commit to not bringing the cryptocurrency Diem to market. “Facebook cannot be trusted to manage a payment system or digital currency when its existing ability to manage risks and keep consumers safe has proven […]

South African Regulator ‘Welcomes’ Binance’s Decision to Terminate Certain Services in the Country – Regulation Bitcoin News

2021-10-15 21:53:36 A South African regulator, the Financial Sector Conduct Authority (FSCA), says it welcomes Binance’s decision to stop offering some of its services to South Africans. Productive Consultations In a statement, the FSCA suggested that the move by the cryptocurrency exchange came after it held “productive consultations” with the regulator. As previously reported by […]