.Lagarde wants harsher cryptocurrency regulation
that cryptocurrency assets and decentralized finance may potentially pose a real risk to financial stability.
This could happen if cryptocurrencies start playing a bigger role in the broader economy, according to Lagarde.The ECB supports the quick adoption of the Markets in Crypto-Assets framework. The comprehensive regulatory framework is expected to take effect in 2024.Lagarde said that MiCA II, a new iteration of the regulatory regime, could potentially cover cryptocurrency staking and lending.
Cryptocurrency lending is currently facing severe scrutiny following the downfall of Celsius. As reported by U.Today, the troubled crypto lender halted withdrawals on June 13, and it is yet to resume them, asking customers for more time.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Lagarde will struggle to do a Mario DraghiEuro zone bond markets have stabilised since the ECB president pledged to buy bonds. That raises the chance that investors cowed by her Italian predecessor’s promises won’t need her to intervene much. Just as well, given interest rates and political risks make it harder to do.
Leer más »
A crypto lending app tried to take over a 'whale' account to stop it from collapsing the systemIt's an unprecedented move in world of DeFi, which aims to recreate lending and other financial services without the involvement of intermediaries like banks.
Leer más »
Lagarde speech: Recession not a baseline scenario for eurozoneWhile testifying before the European Parliament, European Central Bank (ECB) President Christine Lagarde acknowledged that they must be attentive to r
Leer más »
Solend Says Whale at Center of Solana DeFi Controversy Starts Moving FundsA large wallet at the center of the governance drama at Solana lending protocol solendprotocol started to move millions of dollars worth of cryptocurrencies this morning. By shauryamalwa
Leer más »
Carmel police headquarters evacuated after receiving bomb threatJUST IN | Carmel police headquarters has been evacuated 'out of an abundance of caution' after the police department received a bomb threat.
Leer más »
Pompeo says Biden's Iran talks ‘squandered’ Middle East stability: ‘Putting us all at risk’In a Sunday interview, former Secretary of State Mike Pompeo told Fox News that President Biden's approach to the Middle East has been a big step in the wrong direction.
Leer más »