crypto regulation
Bandai Namco Plans IP Metaverse; Russia’s Crypto Flip
UN approves Chinese NFT standard. Japan’s Bandai Namco to create IP metaverse. Russia U-turns on crypto, but will it last? We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
CFTC Chair Urges Key Role for His Agency in Overseeing Crypto Spot Markets
Rostin Behnam, chairman of the Commodity Futures Trading Commission (CFTC), told the Senate Agriculture Committee Wednesday he believes his agency is best placed to monitor crypto spot markets trading, reiterating a stance he first took in October. He also asked Congress for an additional $100 million so the agency can properly oversee crypto markets. CoinDesk's Nikhilesh De discusses the latest in an ongoing crypto regulation turf war.
Russia to Regulate Crypto, Dispelling Fears of Ban
The Russian government will regulate cryptocurrencies with the support of the central bank, which previously called for a ban on crypto mining and trading. "The Hash" hosts discuss Russia moving to legitimize crypto assets as currencies and the implications for the local and global economy.
Sheila Warren to Lead Crypto Council for Innovation
Former World Economic Forum executive Sheila Warren is now CEO of Washington-based lobbying group Crypto Council for Innovation (CCI). Last July, CCI co-hosted a bitcoin-focused virtual event featuring Elon Musk, Jack Dorsey and Cathie Wood.
How This Taiwanese Fintech Company Wants to Bridge the World Using Stablecoins
Taiwan's conservative outlook and strict regulatory environment has limited the country from being a regional financial hub like neighbors Hong Kong and Singapore. Wayne Huang, CEO of Taipei-based TradeTech fintech, discusses how his firm plans to step in to build bridges between countries for business remittances via stablecoins. Plus, insights into the larger crypto environment in Taiwan, the impact of China's crypto crackdown, and concerns of US regulations.
Power Cut for Kazakh Miners, Russia Crypto Threat
Thailand sets out crypto regulation plans. Kazakhstan blocks power for crypto miners. Crypto market could be hit if Russia invades Ukraine. We’ll have more on those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Animoca Brands Co-founder on Company Valuation Tripling to $5.5B, NFT Investment and Web 3 Debate
Yat Siu, co-founder of Hong Kong-based blockchain gaming unicorn Animoca Brands, shares insights into the firm’s latest $358.8 million raise valuing the firm at a more than $5 billion valuation, triple where it was in October.
Russia’s Finance Ministry Opposes Central Bank Call for Crypto Ban
Russia needs to regulate cryptocurrencies, not ban them, says the head of the financial policy department at Russia’s Ministry of Finance, Ivan Chebeskov. This comes as the Bank of Russia issued a report earlier this month calling for all crypto trading and mining to be made illegal in the country.
NY State Gov. Kathy Hochul’s DFS Nominee Moves Closer to Confirmation
The New York Senate’s finance and insurance committees convened Tuesday to hold confirmation hearings for Adrienne Harris, the acting Superintendent of the New York Department of Financial Services (DFS). CoinDesk’s Nikhilesh De discusses the latest details and significance to crypto regulation.
Nyca Partners' Exec. Says He's 'Mildly Optimistic' About Expected White House Executive Order on Crypto
Nyca Partners' Matt Homer discusses why he's "mildly optimistic" about the Biden Administration's executive order on cryptocurrencies, expected to be released as soon as February. "Washington is entering a period where we're seeing turf battles between regulators, and we need a referee in the room," Homer said. Plus, his views on New York City mayor Eric Adams' crypto ambitions as he converted his first paycheck into bitcoin.