Could a Digital Dollar Compete on Privacy? Fed Chairman Powell Hints It Might – CoinDesk

Federal Reserve Chairman Jerome Powell has given advocates of financial privacy a glimmer of hope – and hinted at how the U.S. might competitively position a future digitized dollar. In testimony before Congress this week, Powell was asked whether the Fed had any “visibility” into China’s progress developing a central bank digital currency (CBDC). “Yes, […]

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Regulated Derivatives Will ‘Legitimize’ Crypto, Says CFTC Chair – CoinDesk

The chairman of the Commodities and Futures Trading Commission (CFTC) believes regulated derivatives will instill market confidence in cryptocurrencies. Chair Heath Tarbert told Cheddar Monday his agency is helping create a regulated futures market investors would be able to “rely on” for better “price discovery, hedging and risk management.” “By allowing [cryptocurrencies] to come into […]

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SEC Taking ‘Measured’ Approach to Digital Asset Regulation, Jay Clayton Tells Senate Committee – CoinDesk

The chairman of the U.S. Securities and Exchange Commission (SEC), Jay Clayton, says his agency is taking a “measured” regulatory stance on “promising” blockchain tech. Giving testimony on the oversight of his agency before the Senate Committee on Banking, Housing and Urban Affairs on Tuesday, Clayton honed in on its regulation of the crypto and […]

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Don’t Throw the Crypto Tokens Out With the Bathwater – CoinDesk

Michael J. Casey is the chairman of CoinDesk’s advisory board and a senior advisor for blockchain research at MIT’s Digital Currency Initiative. The following article originally appeared in CoinDesk Weekly, a custom-curated newsletter delivered every Sunday exclusively to our subscribers. ___________ A year into the crypto market meltdown, we’ve gone from one extreme to the other. […]

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