Cryptocurrency industry welcomes US order
... cryptocurrencies on the competitiveness of a country in the global financial systems and that India has taken note of consumer and ... ... for the industry. We can see that the administration appreciates innovation in the space because it didn't have destructive regulations ... ... investments in London before the passage of the Sarbanes-Oxley Act in the US in 2002. The US order focuses on six areas: investor ... ... Financial stability, Financial inclusion, US competitiveness and Responsible innovation. Dubai's virtual asset regulation aims to ...
Updated: 03/10/2022
Biden administration releases long-awaited executive order on cryptocurrencies
... Council , created in 2010 by the Dodd -Frank Wall Street Reform and Consumer Protection Act, to identify and reduce these risks by designing policy recommendations around cryptocurrencies... ... coordinated action around virtual currencies, especially around the problems of systemic financial risks, terror financing, and anything deemed to be a national security risk. U.S. Treasury Secretary Janet Yellen said that the approach will support responsible innovation that could result in substantial benefits for the nation, consumers, and...
Updated: 03/09/2022
IBM announces multi-million dollar investment in cybersecurity operations
... the PM believes that cyberspace will not just become a place for innovation, growth and opportunity, but it will also become a place ... ... security investments among Asian organisations, particularly those in financial services and manufacturing, which were the most targeted ... ... enterprises more than ever before. We have an opportunity to respond and act now. We need cutting-edge technology and coming together of ... ... the launch of the IBM Cybersecurity Hub Cybersecurity Hub is a response to this challenge. Sandip Patel, Managing Director of ...
Updated: 02/23/2022
White House says Pelosi bill would strengthen economic competitiveness and manufacturing
... Speaker Nancy Pelosi's proposed COMPETES legislation, which aims to take a harder line in financial and manufacturing relations between the U.S. and China. The White House... ... the word China once, a concern for many Republicans who claim the America COMPETES Act of 2022 is all bark and no bite. The White House Statement of Administration Policy... ... legislation is a bipartisan bill and has been championed by Democrats and the White House in response to the Senate's $250 billion U.S. bill. Innovation and Competition Act USICA but House Republicans claim it is a stockpile of...
Updated: 02/01/2022
Jared Kushner's friend hasn't invested in Covid supply chainlovers
... relevant domestic medical supply chains. There was a chance that companies could apply for financial backing to increase the U.S. distribution of ventilators, vaccines, medical... ... administration to run the Health and Human Services Center for Medicare and Medicaid Innovation, then served as a senior adviser at HHS before he was appointed to the DFC... ... the agency responding to the draft report pointed out other federal agencies as also responsible for the program. The agency's current acting CEO, Dev Jagadesan, wrote: While this report is correct in conveying that the...
Updated: 11/17/2021
These are the most dangerous exchanges in the world
... exchanges on a growth path shared a few common characteristics: they're larger, more innovative and offer more digital assets than their competitors. Chainalysis found that... ... accessible entry point for people within communities that are underserved by the broader financial system. P 2 P exchanges aren't exactly responsible for trades between customers on their platforms, unlike OTC brokers. Chainalysis... ... exchanges. Large DEXs can have a significant amount of received value from stable coins and act as market hubs where DeFi token can be traded and swapped, sometimes in advanced...
Updated: 11/11/2021
We are at a watershed moment for corporate environmental disclosure
... should include short -, medium and long-term targets to ensure a response to climate change with the necessary urgency and scale.... ... rate of 4.2 per cent needed for 1.5 C alignment. This type of innovation can redefine companies bottom lines by creating new ... ... planet. The recommendations of the Task Force on Climate-Related Financial Disclosure TCFD have been instrumental in forming the ... ... deeper disclosure and action. And now is the time for companies to act and get ahead of that regulation. I urge every company to prepare ...
Updated: 11/01/2021
Digital asset firm calls for a single regulation of digital assets
... comes a month after Coinbase COIN CEO Brian Armstrong voiced objections on Twitter in response to the SEC's decision to block its product. Given Coinbase 's size as one... ... class that is digitally native and empowers blockchain-driven use cases. These two innovations blockchain technology and digital assets don't fit into the current financial system because it wasn't designed with them in mind and is predicated by financial... ... be done to ensure the smoothness between the two agencies even if Congress doesn t act. In addition to a new regulatory framework for the crypto sector, Coinbase is calling...
Updated: 10/14/2021
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