Sitharaman previously called for global cooperation to decide on the future of encryption and was wary of embracing mainstream encryption, citing financial stability risks. However, speaking to local Indian reporters on October 15, she stressed that "this (encryption) will also be part of something...
Members of the European Parliament have called for “effective taxation” of crypto assets and “better use of blockchain” to counteract tax evasion. A resolution aiming to achieve both objectives has been approved by a large majority which also wants small crypto traders to enjoy...
The U.S. Financial Stability Oversight Council (FSOC), a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S. financial stability if their interconnections...
The former head of the U.S. Securities and Exchange Commission (SEC) says the best place to start regulating crypto is the stablecoin sector.
In a new CNBC interview, former SEC chair Jay Clayton discusses what regulations could look like when applied to the nascent field...
The United Nations warned that continued monetary tightening will only hurt developing countries while failing to cool inflation.
The United Nations Conference on Trade and Development (UNCTAD) released a report on Monday warning that central bank monetary and fiscal policy is putting the global economy...
The Commodity Futures Trading Commission (CFTC) has shared with Congress its plans to regulate the crypto market with “full oversight capabilities” if the proposed Digital Commodities Consumer Protection Act becomes law. The regulator claims to have the right experience and expertise and believes that...
