Stablecoin Sanctions Evasion Crisis: FATF Reveals Alarming $51 Billion Illicit Activity Surge
PARIS, March 2025 – The Financial Action Task Force (FATF) has issued a stark warning about stablecoin sanctions evasion and…
Author: US_admin_Finance
Trump’s crypto adviser rejects Dimon on treating yield-bearing stablecoins like banks
The White House’s crypto adviser pushed back on JPMorgan CEO Jamie Dimon’s assertion that stablecoin issuers who pay interest should…
UK House of Lords press Coinbase exec on stablecoins, KYC and bank run fears
The United Kingdom House of Lords grilled Coinbase’s top international policy executive on Wednesday over whether stablecoins would drain bank…
South Korea’s FSC to move on Bithumb BTC accident, ‘global consistency’ in regulatory framework
The FSC held its first meeting of the year to discuss Bithumb’s virtual asset shortage and secure compensation for those…
Stablecoin Regulations Face Critical Scrutiny as Coinbase VP Urges UK to Scrap Proposed Holding Limits
LONDON, UK – Financial technology leaders are raising urgent concerns about proposed stablecoin regulations that could reshape the United Kingdom’s…
Senator Lummis says Kraken’s master account opens door for Bitcoin adoption in banks
Kraken’s newly granted access to a Fed master account brings Bitcoin closer to mainstream banking, said Senator Cynthia Lummis, a…
More Crypto, Fewer Cops
Doing More with Less on Crypto Regulation This column has discussed the current US administration’s infatuation with cryptocurrency at various…
Turkey’s Government Issues New Statement on Cryptocurrency Taxation
A new statement has been released regarding uncertainties surrounding taxation in the cryptocurrency market in Turkey. Dr. Ömer İleri, Deputy…
White House submits nomination of Kevin Warsh for Fed chair to Senate
The White House has submitted the nomination of Kevin Warsh, an economist and former Federal Reserve governor, to serve as…
White House to review new CFTC prediction market measures
The White House will review new prediction market measures proposed by the CFTC. SummaryThe CFTC has sent a new set…