CFTC head looks to new Congress for action on crypto regulation
“I will continue to engage and provide technical assistance to draft legislation, as requested,” said Rostin Behnam.
Kazakhstan’s digital currency in pilot stage, per Binance, National Bank joint report
The Central Asian country’s CBDC project is right on time, according to a 2020 roadmap, as consumers and merchants use the currency in a controlled environment.
Russia-based Sberbank to launch DeFi platform on Ethereum
Russian leading lender Sberbank has hinted at plans to launch decentralized finance (DeFi) platform on the Ethereum blockchain by the end of May, 2023, Interfax news reports. Sberbank director of…
US CFTC Chief Promises More ‘Precedent Setting’ Crypto Enforcement Cases
Commission Chairman Behnam says his agency is gearing up for another year of significant actions in the crypto industry as he tries to ramp up his enforcement staff.
DoJ Looking Into Silvergate’s Dealings With FTX
The United States Department of Justice has launched a probe into Silvergate Capital Corp. and its dealings with bankrupt crypto firm FTX and its sister concern Alameda Research. Prosecutors Launch…
President Joe Biden Takes No Blame for Inflation
Speaking to the media today, President Joe Biden says he takes no blame for inflation. Moreover, stating that it was already there when he first arrived in Office. Conversely, inflation…