New crypto oversight legislation arrives in the U.S. as industry shakes

New crypto oversight legislation arrives in the U.S. as industry shakes

The proposal comes after 13 years, at least three crashes, dozens of scams and Ponzi schemes, and hundreds of billions of dollars made and evaporated The proposal comes after 13 years, at least three crashes, dozens of scams and Ponzi schemes, and hundreds of billions of dollars made and evaporated After 13 years, at least […]

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Privately issued but regulated digital currencies have benefits, say central bank chiefs

Privately issued but regulated digital currencies have benefits, say central bank chiefs

The benefits would hinge on how such private companies issuing digital assets are regulated The benefits would hinge on how such private companies issuing digital assets are regulated Consumer-focused digital tokens issued by private companies could be better than central bank-issued tokens assuming the companies can be regulated appropriately, the Australian central bank governor said […]

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Lagarde says crypto is ‘worth nothing’ and should be regulated

Lagarde says crypto is ‘worth nothing’ and should be regulated

European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings. Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be terribly disappointed, […]

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