Business

Ted Cruz introduces companion to Emmer’s bill to exclude Fed retail CBDC digital currency issue

Texas Sen. Ted Cruz introduced companion legislation into the U.S. Senate on Wednesday for Minnesota Rep. Tom Emmer’s bill prohibiting the Federal Reserve from issuing

Business

ECB official suggests importance of physical stores accepting digital euro

Fabio Panetta, executive board member of the European Central Bank, said focus groups exploring the potential rollout of a digital euro hinted the ability to

Business

UK financial watchdog extends registration deadline for some crypto firms

The Financial Conduct Authority, the United Kingdom’s financial regulator, has extended the temporary registration status of some firms offering crypto services beyond its Friday deadline.

Business

Is China’s apprehension to ban NFTs a hopeful sign for investors?

It’s no secret that China has a clear disdain for all things crypto, as was highlighted last year when the country decided to ban its

Business

Crypto critics: Why do they bother? Can FUD be useful?

“Anyone who says that David Gerard personally stopped their crypto getting into Wikipedia is a fuckwit,” says editor, Wikimedia spokesman and professional crypto hater David

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11 companies form Canadian Web3 Council to advocate for comprehensive crypto strategy

A group of financial technology firms has formed the Canadian Web3 Council, a non-profit trade association that will work with policymakers to advance Canada’s position at

Business

‘Nothing is growing as fast as cryptocurrency’: Kyrgyz MP wants national crypto

Kyrgyz member of parliament (MP) Karim Khanjeza called for the legalization of cryptocurrency in the country during a parliamentary committee meeting on law and order

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Voyager ordered by New Jersey to ‘cease and desist’

The New Jersey Bureau of Securities has issued a cease and desist order against Voyager Digital for selling unregistered securities through its Voyager Earn program.

Business

Biden’s Fed picks are likely headed to Senate vote after partisan delay

The United States Senate will vote on President Joe Biden’s nominations to the Federal Reserve after delays instigated by Republican lawmakers. In a 50–49 vote

Business

CFTC looks at expanded authority to regulate crypto, for less than a 10% budget increase

The U.S. Commodity Futures Trading Commission, or CFTC, has released its Fiscal Year 2023 (FY2023) budget request, seeking $365 million. This marks a 9.9% increase