Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $2,405,151,129,172.36
  • 24h Vol: $56,409,600,528.25
  • BTC Dominance: 56.51%

Consumers

bis-general-manager-casts-doubt-on-stablecoins,-claiming-tokens-do-not-benefit-from-regulations-or-central-planning

BIS General Manager Casts Doubt on Stablecoins, Claiming Tokens Do Not Benefit From Regulations or Central Planning

Leave a Comment / Agustin Carstens, Bank for International Settlements, BIS, Bitcoin, Bloomberg News, central bank digital currencies, Central Banks, Consumers, credibility, crypto assets, crypto economy, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Euro, fiat currencies, Financial Incumbents, fragmentation, future of money, Innovation, institutional arrangements, Investors, legal infrastructure, lender-of-last-resort, Monetary Authority of Singapore, national currencies, News, pound, regulatory protections, safe money, singleness of money, social conventions, Stable Cryptos, stable money, Stablecoins, trusted money, unity of money, yen / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to Agustin Carstens, the head of the Bank for International Settlements (BIS), cryptocurrencies have lost the “battle” against fiat currencies issued by the world’s central banks. While speaking at the Monetary Authority of Singapore on Wednesday, Carstens stressed that stablecoins are not reliable because they lack the “institutional arrangements and social conventions behind them.” […]

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Coinbase CEO Brian Armstrong Expresses Concern Over Rumors of SEC Ban on Crypto Staking for Retail Customers

Leave a Comment / ban, Bitcoin, Brian Armstrong, ceo, clear rules, Coinbase, companies, Consumers, Criticism, Crypto, Crypto Hacked, Cryptocurrency, Decentralized finance (Defi), Ethereum, Financial Services, fostered, ftx, Gary Gensler, Howey Test, increased security, Innovation, National Security, national security interests, new technologies, offshore, open crypto networks, primers, reduced carbon footprints, Regulation, regulation by enforcement, Regulations, regulator, retail customers, rumors, Scalability, SEC, sec chairman, securities regulator, sensible solutions, staking, stifled, Twitter, views, Web3 industries / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Brian Armstrong, CEO of Coinbase, expressed concern about rumors that the U.S. Securities and Exchange Commission (SEC) may eliminate cryptocurrency staking for retail customers in the United States. Armstrong insisted that “staking is not a security” and that the trend allows users to “participate directly in running open crypto networks.” Coinbase CEO Vocalizes Worry Over

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Poland’s Consumer Protection Agency Opens Case Against Cryptocurrency Exchange

Leave a Comment / agency, Belize, Bitcoin, Case, Charges, consumer protections, Consumers, Crypto, crypto exchange, Crypto Hacked, Cryptocurrencies, Cryptocurrency, Ethereum, Exchanges, Kanga Exchange, Law, Legislation, misinformation, Office, Poland, polish, Regulations, rules, UOKiK / / / , , , , , , , , , , , , , , , , , , , ,

The body ensuring that consumer rights are respected in Poland has initiated proceedings against a crypto exchange falsely claiming to be Polish. The trading platform also misled customers that it was operating with the regulatory approval of the financial authorities in the country. Belize-based Exchange Risks Hefty Fine in Poland for Allegedly Deceiving Crypto Traders

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Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials

Leave a Comment / $5.2 million campaign donations, 2023 press briefing, Bankman-Fried, Bitcoin, Bruce Reed, Congress, Consumers, crypto exchanges, Crypto Hacked, crypto industry, Cryptocurrency, Democrat leaders, DNC, eight counts, Ethereum, Executive Order, financial fraud, ftx, FTX collapse, Hatch Act, Hatch Act statements, Joe Biden, Karine Jean-Pierre, misconduct, News, pandemic prevention, Sam Bankman-Fried (SBF), sbf, sectors, Steve Richetti, White House press secretary, Yellen / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to public filings, former crypto billionaire and FTX co-founder Sam Bankman-Fried met with senior Biden administration officials before he was indicted for financial fraud. When asked about the visits, White House press secretary Karine Jean-Pierre told the press the meetings involved discussions about “pandemic prevention.” Senior White House Staff Met With Former Billionaire Sam

Indicted FTX Co-Founder Sam Bankman-Fried Discussed ‘Pandemic Prevention’ With Biden Administration Officials Read More »