Binance removes 3 stablecoins, Russia eyes cross-border crypto payments and UK exudes crypto positivity
2022.09.11 07:55
Binance removes 3 stablecoins, Russia eyes cross-border crypto payments and UK exudes crypto positivity
US Fed vice chair Michael Barr favors hard line on crypto, OCC acting head no friendlier
Global crypto regulation remains a prevalent topic looming over the sector. Recent comments from United States Federal Reserve Board Vice Chair for Supervision Michael Barr and Acting Comptroller of the Currency Michael Hsu favored a lean toward more government overwatch. Barr expressed a desire for stablecoin regulation as well as crypto-related banking regulations. Hsus comments included looking at the industry cautiously.
GameStop (NYSE:GME) doubles down on crypto amid a new partnership with FTX US
GameStop is teaming up with crypto exchange FTX US in a promotional partnership. So far, 2022 has seen GameStop pursuing increasing involvement in the crypto space, evident in its NFT marketplace launch and its new gaming division devoted to Web3. GameStop has a long-term vision for crypto involvement, according to CEO Matt Furlong during a Q2 fiscal year earnings call.
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