Urges

Paxos CEO Urges Modern Financial Infrastructure Transformation: A Message to US Presidential Candidates Trump and Harris

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Paxos CEO Urges Modern Financial Infrastructure Transformation: A Message to US Presidential Candidates Trump and Harris

7 Days To Go: Paxos CEO Pushes Harris And Trump For Clearer Crypto Guidelines Paxos CEO Charles Cascarilla emphasized the need for the next presidential administration to address the outdated financial system in the US. He advocated for the adoption of blockchain technology and stablecoins to modernize the financial infrastructure and ensure regulatory clarity. Cascarilla … Read more

SARS Urges South Africans to Declare Crypto Assets Through Voluntary Disclosure Program

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SARS Urges South Africans to Declare Crypto Assets Through Voluntary Disclosure Program

South African Revenue Service Cracks Down On Crypto With New Tax Rules The South African Revenue Service (SARS) is urging taxpayers to declare their digital currencies through its Voluntary Disclosure Programme (VDP) due to the increasing popularity of crypto assets like Bitcoin and Ripple’s XRP in South Africa. SARS has noted the growth of crypto-related … Read more

Senator Elizabeth Warren Urges Regulators to Address Citibank’s Ongoing Failures: Is It Time to Break Up Citi?

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Senator Elizabeth Warren Urges Regulators to Address Citibank’s Ongoing Failures: Is It Time to Break Up Citi?

Senator Elizabeth Warren is urging the OCC to take action against Citibank for its ongoing operational failures. Warren believes that Citibank is “too-big-to-manage” and has been mismanaging regulatory requirements for years. She is calling for bold action to address these issues and possibly break up the bank. Warren’s letter highlights the need for stronger regulation … Read more

Crypto Analyst Urges Coinbase to Prioritize Insurance Fund Over Ethereum Client Diversification

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Crypto Analyst Urges Coinbase to Prioritize Insurance Fund Over Ethereum Client Diversification

Coinbase Should Prioritize Insurance Fund Over Ethereum Client Diversity Crypto analyst Adam Cochran is urging Coinbase to prioritize the creation of an insurance fund for its users instead of focusing on diversifying its Ethereum client infrastructure. He believes that the current approach to Ethereum client diversity is inadequate and poses a risk of significant disruptions … Read more