Author: Cointelegraph By Derek Andersen

The Federal Deposit Insurance Corporation, the United States government corporation that insures depositors at U.S. commercial and savings banks, issued a financial institution letter Thursday. The letter requests the institutions supervised by the agency to notify the appropriate regional director of their activities with crypto-related assets or their intentions to engage in crypto-related activities.  According…
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The Crypto Market Integrity Coalition, an organization founded two months ago by 17 cryptocurrency exchanges, firms and industry associations worldwide, announced 13 new members have joined. The group is centered around a pledge endorsed by members’ CEOs or chief compliance officers that (among other things): “We will integrate principles that uphold Market Integrity and Market…
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United States Treasury Secretary Janet Yellen told the House Financial Services Committee on Wednesday that her department is not seeing significant use of cryptocurrencies to evade sanctions placed on Russian oligarchs and government agencies. Yellen was asked repeatedly about digital asset security at the committee’s annual hearing on the state of the international financial system. “We are…
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Georgia, the country on the Black Sea, is preparing to regulate its cryptocurrency market. National Bank of Georgia Governor Koba Gvenetadze told The Financial on Monday that the central bank has already developed draft regulatory legislation in accordance with the requirements of international agencies. Gvenetadze said the size of the Georgian crypto market is unknown,…
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When you think of a crypto-friendly U.S. state, Washington is hardly the first to come to mind. Yet, a lot has been happening on the ground in the Pacific Northwest lately. Washington Governor Jay Inslee signed a bill, SB5544, into law on March 30. The new legislation creates a working group of seven state officials…
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The George Mason University Antonin Scalia Law School National Security Institute hosted a webinar on Wednesday, March 30, titled “Crypto and National Security: How to Validate American Innovation and Verify U.S. National Security.” Journalist Laura Shin moderated the discussion. CEO of the Crypto Council for Innovation Sheila Warren, executive director of Coin Center Jerry Brito,…
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$ BTC $45,802 ETH $3,288 BNB $430 SOL $124 XRP $0.82 BCH $383 XMR $213.4 DASH $127 EOS $2.87 ZEC $180 NEO $27.21 XLM $0.232 USDT $1.0000 MIOTA $0.86 DOGE $0.14 UNI $11.33 YFI $22,768 MATIC $1.63 BAND $4.86 LINK $17.05 DOT $21.50 COMP $149.25 AAVE $208.23 SUSHI $4.43 SNX $7.09 CAKE $8.77 X BTC…
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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 central bank digital currency, or CBDC, directly to individuals, Emmer announced. Emmer introduced the House bill Jan. 18. Fellow Republican Cruz’ legislation could potentially speed up passage or rejection of…
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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 over the previous year and 20% over FY2021. The commission regulates the country’s derivatives market and has been increasingly active in recent years in policing financial products that incorporate cryptocurrencies. …
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United States President Joe Biden’s Executive Order on Ensuring Responsible Development of Digital Assets was widely praised for acknowledging cryptocurrency and blockchain technology’s place in the world and setting the U.S. on a path toward more comprehensive regulation of the sector. The order, or EO, sets a research agenda that encompasses consumer protection, financial stability,…
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