Saturday, October 24, 2020

Regulation

China’s Digital Yuan Blurs the Lines Between CBDCs and Crypto

Central Bank Digital Currencies (CBDCs) are rapidly gaining prominence in discussions around the future of money. The many dimensions of debate, whether policy, economic...

Game theory meets DeFi: Bouncing ideas around tokenomic design

Jack Lu, 23, was struck by the idea for his new DeFi platform Bounce while working on his thesis on game theory and cryptocurrency...

The US Crypto Enforcement Framework Is a Warning to International Exchanges

The Department of Justice (DOJ) just fired a warning to crypto exchanges worldwide: Comply with U.S. law or face the potential wrath of the...

NYC court has no right to hear ‘international’ case argues Bancor firm

The legal team for a crypto firm facing possible securities law violations is asking for the case to be dismissed on geographical grounds. According to...

CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week

CoinDesk is partnering with DC Fintech Week, one of the world’s premier policy and regulation-focused digital currency conferences, to produce a special edition of...

BitMEX charges send ‘a message’ to global exchanges: Crypto Mom

United States Securities and Exchange Commissioner Hester Peirce — better known as “Crypto Mom” — believes the recent action against BitMEX may be a...

CFTC Chairman Heath Tarbert Talks Ethereum, DeFi and the Next BitMEX

The TakeawayAfter the BitMEX enforcement action, are other noncompliant exchanges on the CFTC's radar? "Maybe," said chair Heath Tarbert.In an appearance Wednesday, the regulator...

FSB releases recommendations to regulate ‘global stablecoins’ such as Libra

The G20’s financial watchdog, the Financial Stability Board (FSB), has published regulatory recommendations opposing the trans-national ambitions of “global stablecoins,” such as Facebook’s Libra...

Bitcoiners Have Trillions and Trillions of Reasons to Ignore US Election

The outcome of next month’s U.S. presidential election may not matter much for bitcoin’s price: Economic stimulus in the trillions of dollars is likely no matter who...

The Securities Clarity Act Is Simple and Logical (and Bad News for Lawyers Like Me)

On Sept. 24, 2020, U.S. Rep. Tom Emmer (R-Minn.) introduced a bill called the Securities Clarity Act “to provide a path to regulatory certainty...

Digital Ruble Can Help Track Government Spending, Bank of Russia Says

Russia’s central bank, the Bank of Russia, issued a report about potentially launching a digital ruble.The new report, published on the Bank of Russia’s...

Australian Central Bank Sees ‘No Strong Public Policy Case’ for CBDC

The Australian central bank sees no need to issue its own retail digital currency just yet, a top official said Wednesday.Tony Richards, head of...