A senior People's Bank of China (PBOC) official has urged regulators to consider crypto risks and bank failures when innovating regulation. cryptocurrency
Regulators Should Heed Crypto Risks When Innovating Regulation, Says Chinese Central Bank Official
Risks and fraud associated with cryptocurrency, including the two American banks who ran into troubles after providing many services for cryptocurrency from taking deposits to settlement, showed that regulators should respect rules when innovating regulation.
Australia Latest News, Australia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | Janet Yellen Blames Everybody Else for the Financial PanicFrom WSJopinion: Regulation failed to prevent bank failures, but the Treasury secretary wants more regulation
Read more »
China's central bank calls for stronger defences against financial crisisChina should accelerate legislation of the Financial Stability Law and improve other legal arrangements designed to prevent and dispose of financial risks, three officials from the People's Bank of China (PBOC) wrote in China Finance, a publication affiliated to the central bank.
Read more »
Malaysia ready to negotiate with China on South China Sea: AnwarPrime Minister Anwar Ibrahim says the issue about competing claims in the resource-rich sealane was raised during his meeting with Chinese President Xi Jinping in China last week as the two countries seek to avoid tensions.
Read more »
Jim Cramer Advises Against Using Binance — Says Crypto Exchange Is 'Way Too Sketchy' – Regulation Bitcoin NewsMad Money host Jim Cramer will not do business with Binance, warning investors that the cryptocurrency exchange is “way too sketchy.'
Read more »
Crypto Exchange Bittrex Shuts Down US Operations Due to Regulatory Uncertainty – Regulation Bitcoin NewsCrypto exchange Bittrex is shutting down its U.S. operations due to 'continued regulatory uncertainty' in the U.S. cryptocurrency bitcoin
Read more »
Ripple's Chief Legal Officer Calls Out Officials on Crypto RegulationStuart Alderoty takes a stand against officials' approach to cryptocurrency regulation, highlighting the potential consequences of their words and actions on the growing digital asset industry
Read more »