The U.S. Financial Stability Oversight Council has urged Congress to pass legislation on crypto assets. cryptocurrency bitcoin
The U.S. Financial Stability Oversight Council , a group of the country’s top financial regulators, has urged Congress to pass legislation for the regulation of crypto assets. Treasury Secretary Janet Yellen said: “Crypto-asset activities could pose risks to U.S.
Firstly, the council recommends that member agencies should consider general principles when dealing with crypto assets, such as “same activity, same risk, same regulatory outcome” and “technological neutrality.” Regulators should also “continue to enforce existing rules and regulations” and “coordinate with each other in the supervision of crypto-asset entities.
Moreover, council members should “continue to build their capacity to analyze and monitor crypto-asset activities and allocate sufficient resources to do so.” The report further details: Citing the FSOC report, Yellen noted: “Crypto-asset activities could pose risks to U.S. financial stability if their interconnections with the traditional financial system or their overall scale were to grow without adherence to or being paired with appropriate regulation, including enforcement of the existing regulatory structure.”
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Senior U.S. regulators propose new legislation, increased rules around digital assetsA committee of senior U.S. regulators wants Congress to pass laws to enable more direct oversight of crypto markets and for comprehensive regulation of
Les mer »
US Risk Watchdog Asks Congress to Name Crypto Spot Market RegulatorFULL STORY: US regulators want Congress to let them oversee all corners of crypto, including asking for a law that names a regulator for the spot market in non-security tokens in a new Financial Stability Oversight Council report. jesseahamilton reports
Les mer »
US Regulators Seek More Power From Congress to Address Crypto Regulatory GapsAs regulators battle for a bigger pie share to oversee the crypto industry, the US Treasury highlighted the gaps that need to be addressed.
Les mer »
Bankrupt Crypto Lender Celsius' Asset Sale Is Scheduled, Sources Say FTX CEO May Bid – Bitcoin NewsSam Bankman-Fried, the CEO and co-founder of FTX, is reportedly eyeing Celsius’ assets after winning a bid for Voyager Digital's assets. CryptoBankruptcy DigitalCurrency
Les mer »
Top US regulators say crypto poses financial stability risksWASHINGTON (AP) — Top regulators on Monday recommended a series of new safeguards to ensure that a growing and unregulated cryptocurrency market doesn’t imperil U.S. financial stability. Among seven major recommendations, regulators called on Congress to pass legislation that would address the systemic risks caused by the growth of stablecoins, which are a form of cryptocurrency pegged to the price of another financial asset, like the U.S.
Les mer »