US Fed to create new crypto team amid concerns about unregulated stablecoins

    The Fed’s vice chair for supervision said that the central bank does not want to curb innovation but ensure that regulations protect households and the financial system. The United States Federal Reserve is set to create a “specialized team of experts” to keep up with developments in the cryptocurrency industry, according to a Fed official,…

    Coordinated global crypto policies: G20 key financial stability priority

    India’s finance minister called for a coordinated effort “for building and understanding of the macro-financial implications,” which could be used to build global crypto reforms. The first G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under India’s presidency discussed key financial stability and regulatory priorities. India urged member nations to understand the macro-financial implications…

    Aussie execs refute ‘argument’ to treat crypto as financial products

    The Australian Minister for Financial Services said there was a “good argument” to treat crypto as financial products in an interview on Jan. 22. Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia’s assistant treasurer on the ma Speaking to the Sydney…