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Fed Chair Powell: Cryptocurrencies Here To Stay, Central Banks Should Regulate Stablecoins
Wednesday, June 21, 2023 - 2:27pm | 367Jerome Powell, Chair of the Federal Reserve, on Wednesday, acknowledged the enduring nature of cryptocurrencies as a category of assets. In a hearing with the House Financial Services Committee, he shared his perspective during a discussion that initially centered on the Federal Reserve's...
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US CFTC Asks For Public Input On Digital Asset Risk Management: 'The Commission Needs To Revisit Our Regulatory Oversight'
Friday, June 2, 2023 - 12:23pm | 352In an effort to revamp and modernize its risk management regulations, the U.S. Commodity Futures Trading Commission (CFTC) solicited public feedback on potential updates. The CFTC released a proposal on Thursday, inviting commentary on suggested alterations to its risk management program, including...