Senate bill would hand bitcoin, ether oversight to commodities regulator

Souvenir tokens representing cryptocurrency Bitcoin and the Ethereum network, with its native token ether, plunge into water in this illustration taken May 17, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Aug 3 (Reuters) – A new bill introduced in the U.S. Senate would make the Commodity Futures Trading Commission … Read more

Global regulators back ‘same risk, same regulation’ for stablecoins

LONDON, July 13 (Reuters) – Major stablecoins must comply with the same safeguards as traditional forms of payments, global regulators said on Wednesday, tightening controls over a battered crypto sector. Stablecoins are cryptocurrencies designed to have a stable value relative to traditional currencies, or to a commodity, to avoid the volatility that makes bitcoin and … Read more