US Congress Schedules Sept. 24 Hearing With SEC With Crypto on Agenda

The United States House of Representatives Committee on Financial Services to hold hearing with SEC chairman Jay Clayton to discuss cryptocurrencies. The United States House of Representatives Committee on Financial Services has scheduled a hearing with Securities and Exchange Commision (SEC) Chairman Jay Clayton and four other SEC commissioners to discuss, among other topics, crypto. […]

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Zuckerberg Dines With US Democrats Concerned Over Facebook’s Libra

Facebook Mark Zuckerberg is grilled with questions and concerns about its planned Libra stablecoin project by Democratic lawmakers during a private dinner. Facebook’s Mark Zuckerberg had dinner with a handful of United States lawmakers, where he was met with intense scrutiny of Facebook’s proposed Libra stablecoin project. Zuckerberg grilled by Democratic lawmakers According to an […]

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Korea: Opposition Party Boasts Pro-Crypto Policy in Contrast to Gov’t

South Korea’s main opposition party, the Liberty Korea Party, is poised to unveil its pro-innovation policy for cryptocurrencies and crypto exchanges. South Korea’s main opposition party, the Liberty Korea Party (LKP), is poised to unveil its policy for cryptocurrencies and crypto exchanges. As Cointelegraph Korea reported on Sept. 19, the LKP’s stance appears to be […]

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Central Banker: CBDCs a Flexible Tool for a Zero-Interest Rate World

Chile’s top central banker says the financial system could benefit from central bank digital currencies, particularly in “unconventional” monetary policies. Chile’s central bank governor, Mario Marcel, says central bank digital currencies (CBDC) can provide additional flexibility in a time of “unconventional monetary policies.”  Marcel made the comments in a speech titled “High-level Policy Panel Discussion […]

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Luxembourg Regulator Red-Flags Activities of BitPay Clone Website

The financial market regulator of Luxembourg warned the public about the activities of a clone website impersonating crypto payments provider BitPay. Luxembourg’s financial regulator, the Commission de Surveillance du Secteur Financier (CSSF), has red-flagged the activities of a fraudulent clone website that is impersonating cryptocurrency payment services provider BitPay. On Sept. 18, the CSSF issued a […]

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Retail Giant Overstock Seeks to Restructure Cryptocurrency Dividend

American e-commerce giant Overstock is working on the liberalization of its planned digital dividend shares trading. American e-commerce giant Overstock hopes to liberalize its planned digital dividend shares trading. According to a Sept. 18 press release, Overstock is working with regulatory authorities on making its digital asset-based dividend freely tradable by non-affiliates following distribution. As […]

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