Crypto Assets
SEC officials issue conflicting statements on stablecoins
Commissioner slams statement for understating risks
Congressional body questions Fed’s powers to regulate crypto
Banks can currently provide exposure to sector, but not custody, as exchange seeks partnership
India’s government to re-evaluate crypto stance
Minister suggests it may adopt softer position than central bank
Czech governor wants central bank to add bitcoin to reserves
Michl to make proposal to CNB’s board, while recognising cryptocurrency “bubble” could burst
Trump says ‘no’ to CBDCs
Digital asset schism between US and eurozone widens
Esma sets deadline for delisting non-compliant stablecoins
Providers have until end of March to fully comply with Mica regulation, European supervisor says
Trumps launch cryptocurrencies ahead of inauguration
Donald’s and Melania’s meme coins come as administration signals crypto-friendly regulatory stance
Nagel worried about giving bitcoin ‘government seal of approval’
EBA and Esma say EU adoption of decentralised finance is “lower than other developed economies”
BoE collaborates with NY regulator on crypto supervision
Senior staff to exchange expertise in digital payments and distributed ledger technology
IMF tells Kenya to step up regulation of crypto market
Authorities will need to better understand digital assets market before changing policy, report says
SNB faces renewed drive to hold bitcoin in its reserves
Campaign calls for constitutional amendment that would force central bank to keep cryptocurrency
Cambodia allows banks to handle stablecoins and backed cryptos
Central bank sets up legal framework to regulate cryptocurrency activities
FSB praises France’s efforts to monitor crypto market
Review calls on authorities to facilitate Mica implementation and enforce regulations faster
Bitcoin is a rival to gold, not the dollar – Powell
Fed chair’s comments come as cryptocurrency passes $100,000 valuation
Decentralised crypto exchanges dominated by big players – paper
Research argues that simply removing intermediaries is not enough to democratise finance
BCRA show sounds death knell for notes, hails birth of crypto
Governor opens show on AI and decentralised monetary and financial systems
Stablecoins are not ‘crypto safe haven’ – ECB paper
Shocks in crypto markets significantly reduce stablecoin market capitalisation, researchers find
EBA study calls for stablecoin reserves transparency
Authors say suspensions of withdrawals can prevent bankruptcy
Book notes: Easy money, cryptocurrency, casino capitalism, and the golden age of fraud, Ben McKenzie with Jacob Silverman
Casts light on how shady crypto characters defraud consumers but does little to identify and control such fraudsters while protecting the public
Bank of Italy makes its new DLT protocol open source
Research says novel cryptographic signature could validate payments and digital asset transfers
Automated market-makers create market integrity and stability risks – research
Canadian research warns of real economy impact, depending on level of interconnection