Business
Witnesses offer differing opinions on approach to stablecoins at congressional hearing
The Senate Committee on Banking, Housing and Urban Affairs heard from several expert witnesses with knowledge of stablecoins who urged lawmakers to establish a clear
‘DeFi is the most dangerous part of the crypto world,’ says Senator Elizabeth Warren
Massachusetts Senator Elizabeth Warren did not hold back in her criticism of decentralized finance, expressing concern about how a run on stablecoins would affect the
Cyprus’ finance ministry recommends ‘capacity building’ for crypto
Cyprus is moving to regulate the cryptocurrency industry, with the country’s finance ministry releasing a national risk assessment on crypto. Published on Dec. 13, the
Ukrainian bank uses Stellar to launch electronic hryvnia pilot
Tascombank, one of the oldest commercial banks in Ukraine, is launching a Stellar-based pilot for Ukraine’s national fiat currency, the hryvnia. The Stellar Development Foundation
Law Decoded: A different Congress hearing, Dec. 6–13
The biggest regulatory story of the week was a United States House Committee on Financial Services hearing squarely focused on crypto. Even the event’s title
SEC chair’s regulatory agenda fails to include clarity on crypto, says Hester Peirce
Hester Peirce, a commissioner for the United States Securities and Exchange Commission known by many in the space as Crypto Mom, is pushing back against
Daft Punk meets CryptoPunks as Novo faces up to NFTs
Just recently, NFT collector CryptoNovo was posing for hundreds of photos, taking meetings with top tech companies and attending scores of invitation-only parties across New
Bank of Russia to ban mutual funds from investing in Bitcoin
The Russian central bank continues its strict policies regarding the cryptocurrency industry, now officially banning mutual funds from investing in cryptocurrencies like Bitcoin (BTC). On
Binance Singapore withdraws crypto license application
Crypto exchange Binance has withdrawn its license application for pursuing digital payment token (DPT) services in Singapore. Starting today, Binance.sg has stopped onboarding new users
Matt Zhang on a mission to reinvent crypto for institutional investors
Institutional interest in cryptocurrencies is increasing as the space continues to mature. A survey released on Dec. 8 by European investment manager Nickel Digital Asset