Regulators

According to reports, the Hong Kong Securities and Futures Commission (SFC) will release guidelines on the cryptocurrency exchange licensing system next month. Julia Leung, Chief E

According to reports, large BTC miners in Venezuela will shut down their mining machines due to a suspected corruption case. It is estimated that the Venezuelan National Oil Compan

According to reports, Brian Armstrong, the CEO of Coinbase, stated that Coinbase is preparing to engage in several years of court battles with the US Securities and Exchange Commis

According to reports, the Financial Times believes that US regulators have taken action to tighten controls on financial institutions\’ cryptocurrency related businesses. In January

According to reports, Zhao Changpeng, CEO of Coin Security, tweeted that once the regulators implemented a rescue to the bank, it would fall into a dilemma. If there is no relief, it does not conform to the claim of “protecting consumers”. If the bank bails out, it will lose the power to manage risks, thus encouraging banks to take more and more risks, which will lead to more bailouts. He said that this was a thorny issue, and suggested that regulators should only help consumers and compensate them. Then shut…

According to reports, US Treasury Secretary Yellen said that any bank failure would constitute “obvious concern”. The US banking system is safe, capital is sufficient and resilient. Regulators are formulating policies to address the banking incident in Silicon Valley. Try to solve the current problem “in time”, but we can’t provide more details at present. Make sure that the problems of one bank will not spread to other banks. However, Yellen said that of course, he would not repeat the past rescue of banks. The problem of the technology industry…

According to reports, US Treasury Secretary Yellen said that the banking system remained resilient; The regulators have been convened to discuss the issue of Silicon Valley banks; Full of confidence in bank regulators. Interpretation of this information: US Treasury Secretary Janet Yellen recently made a statement regarding the resilience of the country’s banking system. She mentioned that the banking system has proven to be quite strong and sturdy in the face of various challenges. This reflects a great deal of confidence in the banking system and its regulators, giving assurance…

It is reported that four Republican senators said in a letter to several U.S. regulators that regulators are increasingly cracking down on banks serving participants in the cryptocurrency industry and may “punish the entire industry”. The letter dated March 9 said that the crackdown on the cryptocurrency industry may exceed the scope of authority of the regulatory authority, similar to the previous crackdown on legitimate gun suppliers through the regulatory financial system. Interpretation of this information: The letter sent by four Republican senators to U.S. regulators highlights concerns that regulators…

On March 1, Brooks Entwistle, Managing Director of Ripple Middle East, spoke about the company’s efforts and objectives in the field of central bank digital currency (CBDC) in an interview, and disclosed some details. The executive explained that interaction with regulators around the world was “priceless”. Unlike the United States, regulators in “Singapore, Tokyo, Switzerland and the United Kingdom” welcome dialogue and participate in round-table discussions. Interpretation of this information: Ripple’s Efforts Towards Central Bank Digital Currency (CBDC) Brooks Entwistle, Managing Director of Ripple Middle East, recently conducted an interview…

According to reports, Jesse Powell, the founder and CEO of Kraken, tweeted that the regulators ignored their warnings about fraud and fraud and deliberately connived at the perpetrators until they were too big to destroy. Their plan was: 1. Destroy the capital/resources in the encryption ecosystem; 2. Let users become victims and prevent adoption; 3. False protection is actually attacking good people. Interpretation of this information: The tweet from Jesse Powell, founder and CEO of Kraken, expresses his frustration with regulators who allegedly ignored warnings about fraud and failed to…