Ripple CEO optimistic about US ‘regulatory clarity for crypto’

Ripple’s CEO, Brad Garlinghouse, shared in a Jan. 3 Twitter thread he’s “cautiously optimistic” about the United States gaining “breakthrough” regulatory clarity for the cryptocurrency industry in 2023. To mark the first day of the 118th Congress, Garlinghouse shared his hopes of 2023 being the year the U.S. gained regulatory clarity for crypto and added … Read more

USC, Lincoln Riley have ‘clarity’ on next steps after bowl loss

Caleb Williams said he wasn’t limited by a hamstring injury that plenty of people thought would keep the Heisman Trophy winner out of the Cotton Bowl. To that point, the Southern California quarterback said he should have run with an open field in front of him on a play where he threw an interception. The … Read more

Block Earner CEO calls for licensing clarity after being sued for crypto products

The CEO of fintech firm Block Earner has lashed out over the “lack of clarity” in Australia’s financial licensing regime after his company was sued by the country’s financial services regulator for providing unlicensed crypto-based investment products. The Australian Securities and Investment Commission (ASIC) announced on Nov. 23 local time that it started civil legal … Read more

Clarity, World Travel Pulling Together New TMC ‘Community’

Clarity’s McDonagh (left) and World Travel’s Farrell discuss: The problems with TMC networks Managing local needs in global travel programs How travel centricity affects service delivery Travel management companies World Travel and Clarity Business Travel in October announced that they had created a new joint venture the companies said would be capable of servicing clients … Read more

Binance still serving Russians while seeking clarity on EU crypto sanctions

In the weeks following new sanctions from the European Union, Binance has kept its doors open for non-sanctioned Russian nationals, but that does not mean that the firm isn’t complying with EU sanctions, according to Binance’s newly-appointed sanctions executive. Western sanctions against Russia have been a major challenge for Binance from day one, and the … Read more

‘Febrile’ markets want clarity on UK fiscal policy, says BoE official

Markets remain “febrile” and the medium-term fiscal plan set for next Monday will be crucial for investor clarity over the UK’s fiscal policy and wider economic context, a senior Bank of England official warned on Monday. Gilts rallied sharply on Monday after Rishi Sunak was confirmed as Britain’s next prime minister. Economists see him as … Read more

‘Time is not on our side’ to provide regulatory clarity on crypto — US lawmaker

New Jersey Representative Josh Gottheimer said that United States lawmakers needed to pass legislation clarifying regulators’ role over crypto or risk companies taking their business abroad. Following a roundtable discussion on Tuesday with Commodity Futures Trading Commission (CFTC) chair Rostin Behnam and many industry leaders, Gottheimer said some of the crypto bills proposed by members … Read more

Regulatory clarity will drive the next bull run — hedge fund co-founder

A former head of risk at Credit Suisse believes the next crypto bull market will stem from “regulatory clarity” in the United States — which he expects to happen in early 2023. Speaking to Cointelegraph, the former head of valuation risk at Credit Suisse, CK Cheng said some of the regulatory efforts underway in the … Read more

Stocks climb as investors await rate clarity from Fed

U.S. stocks teetered between gains and losses on Wednesday as investors awaited clarity from Federal Reserve policymakers on their monetary tightening plans against a backdrop of downbeat economic data. The S&P 500 ticked up 0.1% after the benchmark index fell for three straight sessions. The Dow Jones Industrial Average slipped below breakeven, while the Nasdaq … Read more

Certain regulatory clarity could be ‘hugely detrimental’ for crypto, says former CFPB director

Kathy Kraninger, former director of the United States Consumer Financial Protection Bureau, or CFPB, said while many in crypto have complained about the lack of regulatory clarity in the country, the legal gray area has afforded the industry opportunities. Speaking to Cointelegraph, Kraninger said Congressional action on dividing the roles of different regulatory agencies — … Read more