DeFi cannot be fully regulated – Dr. Arak Sutivong
Siam Commercial Bank president, Dr. Arak Sutivong believes DeFi needs a framework on how it can be integrated with the rest of the financial ecosystem. Dr. Arak Sutivong, the president of Siam Commercial Bank (SCB) and the CEO of SCB 10X , has provided insight into how one of Southeast Asia’s top venture capital funds […]
Financial agencies in the US will meet to discuss the future of stablecoins
The need to regulate stablecoins is gradually becoming a general thing, earlier on Japan had called for a regulation on stablecoins. Now the US intend to discuss the regulation of stablecoins, and its potential benefits and risks. Janet L. Yellen, the United States Secretary of the Treasury, announced intentions to convene the President’s Working Group […]
Binance exchange faces another regulation in Italy
Italian Companies and Exchange Commission has warned Italians to avoid trading with Binance as the cryptocurrency exchange is not authorized to facilitate crypto investment services in the country. The Italian Entities and Exchange Commission (CONSOB) , Italy’s securities market regulator, has published a statement stating that Binance Group and connected companies are not authorized to […]