India’s chief economic advisor calls for regulation that doesn’t hinder crypto innovation

India’s chief economic advisor wants regulators to foster innovation in the cryptocurrency sector while upholding transparency and accountability. Speaking at the Global Economic Policy Forum 2024, V. Anantha Nageswaran, the Chief Economic Advisor of the Ministry of Finance, said regulators “must not stand in the way of so-called innovations in crypto and Bitcoin.” He emphasized […]

Stablecoins on shaky ground? US council calls on Congress to enact crypto oversight

The Financial Services Oversight Council (FSOC) is urging Congress to pass legislation that establishes a comprehensive federal framework for regulating stablecoin issuers. A government organization — established by the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 — published a report on Friday, Dec. 6, detailing what it perceives as a growing threat […]