Lens
Regulation
The U.S. Federal Reserve is deferring to Congress to decide whether to introduce a central bank digital currency (CBDC), Lael Brainard told the Senate banking committee Thursday at her Fed vice chair nomination hearing. Fast facts Republican Senator Cynthia Lummis asked whether the vice chair nominee believed that the digital dollar should be available to […]
Jeanhee Kim
Regulation
Palau will issue a stablecoin to support plans for a digital overhaul of its economy, according to its president. Fast facts President Surangel S. Whipps, Jr. said the Pacific archipelago was also working on establishing a crypto exchange, a corporate registry and digital wallets for each resident in its digital revamp. Palau is planning a […]
Lachlan Keller
Regulation
Attorneys for Ripple Labs Inc. filed a response with a federal judge Monday asserting the U.S. Securities and Exchange Commission is misapplying a recent ruling in another case in an attempt to deprive Ripple of an affirmative defense in the ongoing lawsuit, SEC v. Ripple Labs Inc. Fast facts In Monday’s letter, Ripple argued the […]
Jeanhee Kim
Economic Impacts
Federal Reserve Chairman Jerome Powell will reiterate his pledge to prevent entrenched inflation, in testimony released before his Senate nomination hearing on Tuesday. Fast facts “We will use our tools to support the economy and a strong labor market and to prevent higher inflation from becoming entrenched,” he said in a statement prepared for delivery. […]
Jeanhee Kim
Regulatory News
The CFTC is asserting greater regulatory powers over the crypto industry than ever before. But does the agency have the statutory backing to do so?
Benjamin Sauter
Regulation
Of the Big Four central banks, including those of the EU, UK and Japan, only the Federal Reserve has not progressed beyond research mode in central bank digital currencies.
Jeanhee Kim
Regulation
Federal regulators have turned their sights on stablecoins. But is the attempt to tame this digital currency too late?
Forkast.News
Regulation
Chief business officer of the first SEC-registered digital security says crypto companies got caught with their hands in the cookie jar.
Jeanhee Kim
Regulation
India's proposed rules for digital assets would ban cryptocurrency for payments while the Securities and Exchange Board regulates exchanges. Will it become law?
Monika Ghosh
Crypto Trading and Strategies
Investment banks' hunger for a new revenue stream is likely to drive up the popularity and registration of crypto derivatives products.
Forkast.News
