Category: Stablecoins

Diem struggling to win over officials in Washington despite rebranding efforts

Diem struggling to win over officials in Washington despite rebranding efforts

Diem’s push to launch stablecoins and a global payment system might suffer from the seemingly brewing anti-crypto sentiment among key U.S. policymakers. 2206 Total views 51 Total shares Facebook’s ambitious digital currency payment project Diem is yet to get off the ground despite concerted attempts to win over financial regulators. According to The Washington Post […]

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SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’

SEC boss tells EU Parliament crypto and fintech could be as disruptive ‘as the internet’

SEC chairman Gary Gensler promoted cooperation between Europe and The United States in seeking to regulate decentralized financial technologies. 4228 Total views 61 Total shares Gary Gensler, the chairman of the U.S. Securities and Exchange Commission (SEC), has appeared virtually before the European Parliament to share his policy recommendations regarding the regulation of crypto assets. […]

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Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’

Congressman takes aim at peers who think crypto could cause a ‘financial 9/11’

Characterizing his contemporaries as viewing the crypto sector as a “financial 9/11,” Congressman Ted Budd has warned lawmakers against driving blockchain innovation offshore. 2598 Total views 10 Total shares Representative Ted Budd of North Carolina, a member of the House Financial Services Committee and Congressional Blockchain Caucus, has urged lawmakers to embrace decentralized innovation. In […]

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