Tag Archives: regulated

Lagarde Says Crypto Is ‘Worth Nothing’ and Should Be Regulated

Lagarde Says Crypto Is ‘Worth Nothing’ and Should Be Regulated

(Bloomberg) — European Central Bank President Christine Lagarde said crypto-currencies are “based on nothing” and should be regulated to steer people away from speculating on them with their life savings. Most Read from Bloomberg Lagarde told Dutch television that she’s concerned about people “who have no understanding of the risks, who will lose it all and who will be terribly disappointed, which is why I believe that that should be regulated.” The comments come amid choppy times… Source link

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Crypto should be regulated by CFTC, not SEC, Treasury: Ex-official

The Commodity Futures Trading Commission, rather than the Securities and Exchanges Commission or the U.S. Treasury, should supervise cryptocurrency markets, its former chairman told Yahoo Finance in an interview on Friday. As the debate over digital token oversight takes shape and the White House prepares an overarching strategy, J. Christopher Giancarlo said it’s time for Congress to take the lead and permit his former agency to run point on the asset class’ regulation. An inter-agency… Source link

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Ohio sues Google, claims tech giant should be regulated as public utility

The state of Ohio filed suit against Google on Tuesday, claiming the tech giant should be regulated as a public utility due to its “discriminatory and anti-competitive” practices. The civil action, filed by Ohio Attorney General Dave Yost in Delaware County Common Pleas Court, does not seek monetary damages, but instead asks for Google to be declared a “common carrier” that could come under oversight from a body such as the state’s Public Utilities Commission. “Google uses its dominance of… Source link

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