FTX Former CEO Rejects Informal Invitation to Speak Before US Congress
Sam Bankman-Fried has declined a direct response to an invitation to speak at a House Finance Committee hearing.
US Banks Plan to Test a Blockchain Platform for US’ Digital Dollar
A group of banking institutions has announced it is launching a pilot project for a digital money blockchain platform called the Regulated Liability Network.
Regulators: FTX’s US Division May Have Violated Securities Laws
The company and its CEO, Sam Bankman-Fried, are suspected of violating securities laws.
SEC’s Chairman: The CFTC Should Regulate the Stablecoins Industry
Gary Gensler said in late 2021 transactions with digital currencies should be regulated by his agency.
China Makes Asian Digital Currency Proposal to Fight Dollar Hegemony
Researchers from the Chinese State Institute have put forward the idea of a pan-Asian digital currency to reduce the dependence of the region’s economies on the US dollar.
US Congressmen Want to Include Cryptos in Cybersecurity Law
Senators Cynthia Lummis and Marsha Blackburn have drafted amendments to the Cybersecurity Act of 2015 and have proposed to include cryptocurrency.
Fed Head: The Decision to Launch a Digital Dollar Has Not Yet Been Made
Jerome Powell, head of the The Fed, has said that the regulator has not yet made a decision to launch a CBDC in the US.
