Brian Brooks is touting the benefits of crypto, decentralized finance (DeFi) and stablecoins as he exits his role as Acting Comptroller of the Currency. In a farewell Twitter thread the day before he leaves office, the Chief of the Office of the Comptroller of the Currency (OCC)…
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Mike Flood, a Republican state senator in Nebraska, has introduced new legislation for banks interested in holding digital assets.
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President Biden is expected to nominate Michael Barr for the position of Comptroller of the Currency – the independent bureau within the Department of Treasury in the US Govt, which is tasked with ensuring a safe banking system in the nation, according to a report by the…
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Quick Take Merchants who supported digital yuan for real-world testing said they didn’t have to pay any transaction fees, unlike when they use third-party payment providers. The government has sent mixed signals about whether the central bank digital currency will compete with Alipay and WeChat Pay.
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Treasury Secretary nominee Janet Yellen, who previously headed up the U.S. Federal Reserve, said in written testimony on Thursday that cryptocurrencies and digital assets have the potential to "improve the efficiency of the financial system." The post Yellen: US government should consider benefits of cryptocurrencies and digital…
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Members of Ripple’s senior management team are unveiling a set of crypto predictions for the year ahead. In a new blog post, the executives offer their forecast on what’s next for crypto regulation, decentralized finance (DeFi), central bank digital currencies (CBDCs) and how issues of scalability and…
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Her written testimony, released today, notes the benefits and potential of crypto assets to the financial system.
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Major Russian state-owned bank Sberbank has sought approval from the country's central bank for a blockchain-based financial platform. The post Sberbank seeks central bank approval for blockchain platform: report appeared first on The Block.
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Mercadobitcoin is the most popular exchange in Brazil. Now it wants to be popular across Latin America.
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Hi everyone,While criminal activity in the crypto world dropped ten-fold in 2020, incoming US Treasury secretary Janet Yellen incorrectly asserted that the burgeoning sector is mainly used for illicit financing.In reality, criminal behaviour is overwhelmingly apparent in traditional banking not in crypto, and such activity has been…
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