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Tag: crypto risks

Reports by Fed and FDIC Reveal Vulnerabilities Behind 2 Major US Bank Failures

On Friday, Michael Barr, the vice chair for supervision at the U.S. Federal Reserve, published a report on the vulnerabilities that led to...

G20 Nations Unanimous on Urgency to Regulate Crypto: Indian Minister

Indian Finance Minister called for a coordinated global policy response to regulate crypto. Sitharaman made the remarks during a session with G20 finance ministers...

Committee Advises SEC to ‘Aggressively Assert Authority’ Over Crypto — Says Virtually All Crypto Tokens Are Securities

The U.S. Securities and Exchange Commission’s Investor Advisory Committee has advised the SEC to “aggressively” assert authority over crypto assets that are securities....

ECB Board Member Warns EU’s New Crypto Rules Not Sufficient

A European Central Bank Supervisory Board member has warned that the crypto rules in the EU’s Markets in Crypto-Assets (MiCA) bill “will not...

US Senator Calls for Investigation Into Bank Failures — Says Fed Chair Powell ‘Bears Direct Responsibility’

U.S. Senator Elizabeth Warren has called for a “thorough, independent investigation of the causes” that led to the failure of Silicon Valley Bank...

SEC’s Gensler Slams Crypto Companies: “Path to Compliance Is Clear”

SEC chair Gary Gensler has brushed off regulatory concerns about operating a crypto company in the U.S. Gensler is demanding compliance from the sector...

International Monetary Fund – IMF – Rejects Crypto as Legal Tender

Share some Bitpinas love:Subscribe to our newsletter!The IMF has rejected cryptocurrency as legal tender due to risks and volatility, recommending countries not grant crypto...

US Regulators and Federal Reserve Issue Joint Warning About Crypto Liquidity Risks

U.S. regulators and the Federal Reserve have issued a joint warning about key liquidity risks associated with crypto assets. However, the regulators clarified that...

IMF releases crypto action plan, advises against legal tender status

World governments should not grant cryptocurrency legal tender status, the International Monetary Fund’s (IMF) executive board said in its new nine-point action plan on...

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions...

White House Releases Roadmap on Biden Administration’s Plans To Tackle Crypto Risks

The Biden Administration has revealed a roadmap that it plans on using to tackle the various risks associated with the proliferation of cryptocurrencies and...

US Senator Focused on Crypto Money Laundering Crackdown — Urges Congress, Regulators to Take Action

U.S. Senator Elizabeth Warren has called on Congress to ensure regulators, such as the Securities and Exchange Commission (SEC), have the tools to...

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