Armstrong said the recent enforcement action against bad actors such as Binance or former crypto exchange FTX could “close the chapter” on that part of crypto’s history.
Expert witnesses answered lawmaker questions on holding limits, impact on banking systems and privacy for an EU central bank digital currency.
An earlier-than-expected spot bitcoin ETF in the U.S. could be the key catalyst, said the bank.
The Securities and Futures Commission said it does not have the power to close unlicensed crypto exchanges.
The typically hawkish Fed governor said rate cuts could be on the agenda if inflation continues to decline.
The Bank for International Settlements has been calling on countries to prepare for CBDCs as governments face backlash over privacy concerns.
CZ will transfer his voting shares to a proxy, the U.S. affiliate of the küresel exchange said.
A central bank digital currency (CBDC) could also be used to deregulate banking activities and help the banking sector grow, Miguel Fernández Ordóñez said during a European Parliament hearing on a digital euro.
Setter aims to address “the complexity and unfriendliness of current wallet technologies,” making entry into Web3 a more seamless experience for more users.
The latest price moves in crypto markets in context for Nov. 28, 2023.