Ex-US top regulator warns of conflicts of interest as Senate weighs market structure
Former CFTC Chair Rostin Behnam warns of risks in crypto markets, urging Senate to address conflicts of interest and customer protections in digital asset legislation.
Banks Authorized For Crypto Activities, Confirms Federal Reserve Chair Powell | Bitcoinist.com
Federal Reserve Chair Jerome Powell confirmed banks can now engage in crypto activities, offering tailored services while ensuring investor safety. Regulatory changes remove reputational risk concerns, fostering a more lenient environment for crypto projects.
‘It’s a Great Thing’: Fed Chair Powell Backs US Crypto Bills – Decrypt
Fed Chair Powell supports US crypto legislation, calling progress on bills ‘a great thing.’ He advocates for stablecoin rules and notes banks’ growing crypto openness amid regulatory clarity.
Republican Senators Scott, Lummis, Tillis, Hagerty Push For Digital Asset Market Structure Rules
Republican senators propose digital asset market structure principles to provide regulatory clarity for Bitcoin and crypto, balancing innovation with consumer protection and jurisdictional boundaries.
Mortgage Rules in US May Soon Include Crypto Holdings
The FHFA is considering including cryptocurrency holdings in mortgage qualification assessments, potentially allowing digital assets like Bitcoin to be directly acknowledged in underwriting without conversion to fiat.
Japan Proposes Crypto Reforms, Crypto Tax Cuts, and Bitcoin ETF Approval – Coinspeaker
Japan’s FSA proposes crypto reforms including tax cuts to 20%, Bitcoin ETF approval, and reclassifying crypto as financial products to boost market participation and investor confidence.
US lawmakers push COIN Act to block officials from profiting from crypto
US lawmakers introduced the COIN Act to prevent public officials, including the president, from profiting from crypto ventures, citing ethical concerns and conflicts of interest.
Excellent Crypto News Coming from the US Federal Reserve
The US Federal Reserve is removing ‘reputational risk’ as a bank supervision tool, potentially easing banking access for crypto firms previously hindered by this standard.
US Senator’s Bill Aims to Block Officials From Profiting Off Crypto Endorsements – Regulation Bitcoin News
US Senator Adam Schiff proposes the COIN Act to prevent top officials and their families from profiting via crypto endorsements, aiming to curb financial conflicts of interest.
Hacked Crypto Exchange WazirX Gets More Time to Restructure After Court Ruling – Decrypt
Singapore court grants WazirX more time to argue its restructuring plan after initial rejection, extending a moratorium protecting the exchange from creditor actions during recovery efforts.
