Policy & Regulation

Stephen Harper, an economist and the former prime minister of Canada, said bitcoin could potentially see use as a reserve currency, but it isn’t going to supplant the U.S. dollar’s international role.In an interview with Cambridge House’s…
Read More...

Another week, another lifetime lived: The U.S. President impeached, again. Worldwide COVID-19 deaths close in on 2 million. Bitcoin surges to a record high above $42,000, promptly plunges to almost below $30,000 and then begins a…
Read More...

Provisional liquidators are seeking greater powers to investigate a cryptocurrency trading firm after it was allegedly discovered to be lying to investors and operating illegally.According to a report by Bloomberg on Friday, Mirror Trading…
Read More...

A petition has been sent to the European Parliament to persuade the bloc to provide financial support to victims of cryptocurrency crime.The petition, filed Wednesday by lawyer Jonathan Levy, seeks the implementation of a “regulatory scheme…
Read More...

This week, reports emerged that Gary Gensler, the former chairman of the Commodity Future Trading Commission (CFTC) is set to be President-elect Joe Biden’s choice to take over the Securities and Exchange Commission (SEC). This is good news…
Read More...

The U.S. is going slow on central bank digital currencies (CDBCs) considering the risks they may pose to the dollar’s dominance, the chairman of the U.S. Federal Reserve said Thursday.Speaking at an online event hosted by Princeton…
Read More...

Federal Magistrate Judge Zia M. Faruqui has learned to stop worrying and love unhosted wallets.“The horror story of unhosted wallets is fiction, not fact,” wrote the judge in a Jan. 6 memorandum opinion for D.C. District Court. He quoted a…
Read More...

The Financial Crimes Enforcement Network (FinCEN) said Thursday it would reopen its proposed rulemaking period for an additional 15 days for its reporting requirements, and another 45 days for a requirement on recordkeeping and counterparty…
Read More...

Twitter CEO Jack Dorsey took to (where else?) Twitter to ask the question, “Was this correct?” regarding his company’s decision to ban U.S. President Donald Trump from the platform following last week’s attack on the Capitol. After that…
Read More...

Brian Brooks, who was named the acting head of the Office of the Comptroller of the Currency (OCC) last summer, made it official a day after he was rumored to be departing. His departure will come a day after the federal banking regulator…
Read More...