Tag: Backs

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Crypto Lobby Backs Removal of ‘Reputation Risk’ Debanking

US crypto lobby group Blockchain Association has thrown its support behind the US Federal Reserve’s proposal to codify the removal of “reputation risk” from...

Tether backs UAE tokenization firm KAIO in $8M funding round

Abu Dhabi-regulated tokenization firm KAIO said Monday it had raised $8 million in a strategic funding round backed by Tether and several other crypto...

Liz Truss warns UK faces decline, backs bitcoin and starts CPAC UK

Liz Truss, the U.K.'s shortest-serving prime minister, said the country's economy has been stagnating for decades and many of the problems result from a...

French Finance Minister Backs Euro-Pegged Stablecoins in Response to US

Roland Lescure, France’s finance minister, backed an initiative by European banks to launch a euro-pegged stablecoin in 2026 to compete with US dollar-backed tokens,...

Bank of Korea nominee backs CBDC-led system with limited stablecoin role

Shin Hyun-song, the nominee to lead the Bank of Korea, said a central bank digital currency (CBDC) and bank-issued deposit tokens should form the...

ECB Backs Plan for ESMA to Take Over Crypto Supervision

The European Central Bank has supported the European Commission’s plan to bring the supervision of major crypto companies under the EU’s financial markets regulator. The...

Coinbase CEO Backs CLARITY Act Push After Treasury Secretary Called For Senate Action

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The push to pass crypto legislation in the United States has picked...

Coinbase CEO Backs US Treasury Secretary‘s Push to pass CLARITY Act

Brian Armstrong, the Coinbase CEO who withdrew the crypto exchange’s support for the Digital Asset Market Clarity Act in January, said “it’s time” for...

Coinbase CEO Brian Armstrong Backs Treasury Secretary Scott Bessent’s CLARITY Act Push

Coinbase CEO Brian Armstrong publicly supported Treasury Secretary Scott Bessent's call to pass the CLARITY Act, citing the urgency of crypto regulation.Coinbase CEO Brian...

Kiyosaki Says 1974 Shift Drives Debt Crisis, Backs Bitcoin and gold

Rich Dad Poor Dad author Robert Kiyosaki has argued that the economic shifts set in motion more than five decades ago are now unfolding,...

Morgan Stanley Backs Bitcoin, Says Wall Street Isn’t Chasing FOMO

Morgan Stanley is accelerating its bitcoin and crypto strategy, but the bank’s digital asset head says it’s the result of years of...