During a recent press conference, US Federal Reserve Chair Jerome Powell affirmed that banks may serve cryptocurrency clients, provided they understand and manage the associated risks effectively. Powell stressed that…
The Virtual Assets Chamber of Commerce (VACC), a virtual assets advocacy group in Kenya, has presented policy recommendations to the country’s technical working group on virtual asset regulations. The proposal…
A recent Bank of Canada (BOC) research disclosed Canadian consumers showed skepticism toward the broad early adoption of the BOC’s potential central bank digital currency (CBDC).
While the BOC is still…
The Hong Kong Securities and Futures Commission (SFC) has issued operational licenses to two Hong Kong-based crypto exchanges. Registered under the Securities and Futures Ordinance (SFO), the companies, YAX (Hong…
The US Commodity Futures Trading Commission (CFTC) has announced on 27 January it will be hosting a series of public roundtable discussions focused on digital assets regulation and among other…
Eric Trump, US President Donald Trump’s son and executive vice president of the Trump Organization, has reportedly confirmed the President’s proposed capital gains tax (CGT) exemption for US-based cryptocurrency projects…
The executive order mandates the heads of the Treasury, the Department of Justice, the SEC, and other relevant agencies in the Working Group to identify relevant regulations, guidance documents, and…
by Jude Ayua
Bank of America CEO Brian Moynihan stated in a recent interview with CNBC that the US banking sector would adopt cryptocurrencies for payments if regulators permit it.…
The US SEC noted the task force will collaborate with its staff, drawing from talent across the agency, and the public to guide the SEC on “a regulatory path that…
The order directs the immediate termination of ongoing plans or initiatives at any agency related to the creation of a CBDC within the United States. There shall also be no…