Michael Barr suggested financial institutions engage with U.S. regulators to ensure “safe, sound, and legally permissible” activities around use cases of innovative technologies.
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Financial Stability Board opens proposed crypto regulatory framework for public comments
“Effective regulatory and supervisory frameworks should be based on the principle of ‘same activity, same risk, same regulation,’” said the FSB proposal.
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Stablecoins shed $38B since May as yields plunge, projects collapse
An estimated $148.7 billion worth of stablecoins are still in circulation.
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Basel Study Shows World’s Largest Banks Are Exposed to $9 Billion in Crypto Assets
A first-of-its-kind study published by the Basel Committee on Banking Supervision details that the world’s largest financial institutions are exposed to roughly €9.4 billion (US$9
Read moreTrade Activity Shows Ethereum Whales Are Seeking Refuge In Stablecoins
For a while now, Ethereum whales have been moving their coins around. This has been a direct result of the bear market that has caused
Read moreTrade Activity Shows Ethereum Whales Are Seeking Refuge In Stablecoins
For a while now, Ethereum whales have been moving their coins around. This has been a direct result of the bear market that has caused
Read more