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Regulation

Rosengren claims CBDC development won’t involve blockchain

A digital currency may be coming to the US soon, but blockchain won’t play a crucial role in its development Former President of the Federal Reserve Bank of Boston Eric...
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CFTC reportedly investigating decentralized prediction platform Polymarket

New York-based decentralized prediction market Polymarket has come under investigation from the United States Commodity Futures Trading Commission. According to a Saturday report from Bloomberg citing anonymous sources, the CFTC is...
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Crypto lobby says stablecoins pose no financial risk

The lobby group says regulators should not treat stablecoins as investment products A US-based cryptocurrency lobby group has called on US regulators not to subject asset-backed stablecoins to new rules,...
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Russia does ‘absolutely nothing’ to regulate crypto, RACIB head says

Despite Russia adopting its first cryptocurrency law in January 2021, the country’s cryptocurrency market is still largely unregulated and is associated with a lot of uncertainty, according to a local...
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Diem says it is not under or intertwined with Facebook

Diem has penned a response to the group of Senators that called out Facebook, asking the social networking company to shelve its Novi and Diem offerings On Tuesday, a group...
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