Scorpi18 | Market Insights
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Insights and analysis of the global financial market by investment advisor Sergio Shalamov.

Note: This is not an investment advice.

Contact: @invoyager

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βœ΄οΈπŸ‡§πŸ‡·#brazil #crypto #regulation
Brazil approves cryptocurrency law, after 7 years of debate
β—οΈβš οΈβœ΄οΈπŸŒŽ#BTC #crypto #regulation #world
ECB says BTC is artificially propped up, shouldn't be legitimised by regulators or financial companies
β—οΈβœ΄οΈπŸŒŽ#crypto #regulation #world #macro
Financial Stability Board (FSB) will lay out firm steps to regulate the cryptocurrency industry in early 2023. FSB ready for rapid rollout of global crypto standards β€” FT
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* in September 2022, FSB has gained the IMF's approval as a global leader for coordinating and setting crypto regulation standards
βš οΈβœ΄οΈπŸ‡ΊπŸ‡Έ#crypto #regulation #us #banks
WSJ: banks are backing away from crypto companies, spooked by a regulatory crackdown that threatens to sever digital currencies from the real-world financial system

πŸ’₯#SI Silvergate went all-in on crypto, and its share of the crypto market is likely to increase
β—οΈβœ΄οΈπŸŒŽ#stablecoin #world #crypto #regulation
FSB (Financial Stability Board) is set to finalize its recommendations for regulating crypto and stablecoins by July, 2023

⚠️many existing stablecoins wouldn’t meet the international norms set by payments or securities standard setters either β€” Chair of FSB
βœ΄οΈπŸ‡ΊπŸ‡Έ#crypto #regulation #us
traditional financial firms and the crypto custodians they’ve backed may be best-positioned to cash in on proposed changes to US regulation for safeguarding digital assets β€” BBG

#SI
β—οΈβœ΄οΈπŸ‡ΊπŸ‡Έ#regulation #crypto #ban #us
US is not considering outright banning of crypto activities. It's critical to put in place a strong regulatory framework for crypto β€” Yellen at G20
βš οΈβœ΄οΈπŸ‡ΊπŸ‡Έ#crypto #regulation #us #opinion #markets #flow
following the closure of crypto-friendly bank Silvergate (#SI) , the focus will be on actions by Signature Bank (#SBNY) and crypto exchange Binance (#BNB). Regulation will tighten. Flows into the crypto sector will slow without the ability to provide on ramps between the fiat and crypto β€” Morgan
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Kaiko: Silvergate's failed payment system could boost stablecoin volumes #stablecoin
β—οΈπŸ‡ΊπŸ‡Έ#banks #us #regulation
Fed to consider tougher rules (Increasing capital and liquidity standards) for midsize banks after SVB collapse β€” WSJ

πŸ’₯#MCB
βœ΄οΈπŸ‡ΊπŸ‡Έ#regulation #crypto #us
the US has formally introduced a much-awaited bill that would change how crypto markets work in the U.S., including mandating that market regulators (SEC and CFTC) issue rules defining "blockchain" and "digital asset" within existing financial laws and create new rules for digital asset exchanges