Regulation
Chinese Official Warns Libra Could Abet Illegal Cross-Border Transfers
Libra must abide by international foreign exchange regulations to not enable illegal transfers or “it should be banned,” a senior Chinese regulator said Monday.
Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance.
Crypto Convergence: From Decentralization to Direct Listings
The recent SEC action against Telegram points to a subtle shift in focus when it comes to evaluating tokens – and to a way forward, writes Noelle Acheson.
New York Watchdog Extends Window for Bittrex Users to Withdraw Funds
The crypto exchange will again extend its deadline for New York customers to withdraw funds from their accounts following the regulator's approval.
US Financial Regulators Join UK FCA's 'Global Sandbox'
Four U.S. regulators joined an international alliance of government regulators seeking to bolster the future of fintech.
CFTC Makes Its Fintech, Blockchain Research Lab a Full-Fledged Office
The U.S. Commodity Futures Trading Commission is upgrading its financial technology research wing, LabCFTC, into an independent office.
Zuckerberg: Facebook Would Quit Libra if the Association Launched Prematurely
Facebook's CEO told lawmakers the company would pull out of the Libra Association if the consortium launched its cryptocurrency without regulatory approvals.
How to Watch Mark Zuckerberg's Grilling in Congress Today
Facebook's Mark Zuckerberg will be testifying before lawmakers on Libra and more later today. Watch the livestream here.
US Treasury to Monitor Libra Over Possible Financial Risks
The Treasury Department has committed to monitoring the Facebook-led cryptocurrency project Libra alongside regulatory efforts by Congress.
Regulate Stablecoins – Don't Squash Them
Regulators should offer a path for stablecoins to exist alongside current financial systems, writes a fellow at Harvard's Berkman Klein Center.
