CBDCs
Do Kwon Loses Appeal; India’s Crypto Pirate Warning
Do Kwon, Terra lose in court against US SEC.India’s chief economic advisor compares crypto to world of Caribbean pirates.Circle’s head of policy calls CBDCs a ‘preposterous idea’. Those stories and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
World Economic Forum at Davos: What to Expect for Crypto
From the World Economic Forum in Davos, Switzerland, Michael Casey, Sandali Handagama, Nikhelesh De and Helene Braun discuss the presence of the crypto industry at the event. Plus, the group shares what they expect to hear about the role of digital assets in the future of global finance, touching on central bank digital currencies (CBDCs), cryptocurrency’s use in the Russia-Ukraine crisis, and stablecoins.
UK, US Regulators Call for ‘High Levels’ of Global Collaboration in Overseeing DeFi
The Fed is sharing its analysis on central bank digital currencies (CBDC) with six other central banks at the BIS, said Chair Jerome Powell.
Congressman Tom Emmer Questions SEC on Crypto Regulation
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to discuss the upcoming House Financial Services Committee hearing on central bank digital currencies (CDBCs). Plus, a conversation on U.S. Rep. Tom Emmer’s letter to SEC Chair Gary Gensler regarding the process for investigating crypto companies.
Fed Chair Powell: 'War Underscores Need' for Crypto Regulation
Powell is testifying before the House Financial Services Committee on the state of the economy.
Former CIA Analyst on Role of Crypto as US Expands Sanctions Against Russia
Yaya Jata Fanusie, chief strategist at Cryptocurrency AML Strategies and former CIA analyst, joins “First Mover” to discuss U.S. President Joe Biden’s new sanctions targeting Russian banks and technology exports following Russia's invasion of Ukraine. Fanusie provides insights on the role of cryptocurrencies amid government sanctions, central bank digital currencies and whether Russia can be excluded from the Swift system.
India Edges Toward Crypto Legalization With 30% Tax, Announces Digital Rupee Launch
Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of digital assets on Tuesday. She also said the digital rupee will most likely be issued by 2023, despite the lack of regulatory clarity.
Key Takeaways From CoinDesk’s Investigative Report on Trump-Era Crypto Policy
CoinDesk filed a Freedom of Information Act (FOIA) request with the U.S. Treasury Department for former Treasury Secretary Steven Mnuchin’s crypto-related emails. In turn, it received documents that shed light on how the Treasury Department under former President Donald Trump broadly viewed crypto, including those who advocated for CBDCs.
Swiss Central Bank Ready to Run With wCBDC in January: ‘Just Takes a Policy Decision’
SNB has completed testing of a wholesale CBDC with Swiss exchange SDX, and is technically ready to go live, according to governing board member Thomas Moser.
CBDCs for the People? Where the Current State of Digital Currency Research Leads
A look at central bank digital currency studies and where they might lead.
