in

US Financial Stability Oversight Council urges congressional action on crypto

In its annual report released on Dec. 16, the FSOC recommended members of Congress pass legislation granting “explicit rulemaking authority for federal financial regulators over the spot market for crypto-assets,” noting that tokens previously identified as securities would be exempt. The council also noted the lack of a comprehensive regulatory framework — specifically addressing stablecoins and visibility and supervision of crypto firms — in the United States.

Continue Reading on Coin Telegraph


Source: Cryptocurrency - investing.com

Goldman Sachs is planning to cut up to 8% of its employees in January

Corporate America has finally taken notice of Web3 — US trademark lawyer