FDIC Inspector General finds glaring gaps in its crypto oversight efforts
A new assessment by the Federal Deposit Insurance Corporation (FDIC)’s Office of Inspector General has brought to light substantial gaps...
Oversight
US Oversight Committee Warns SEC Chair Gary Gensler
The US House Committee on Oversight and Accountability has issued a warning to US Securities and Exchange Commission (SEC) Chair,...
Congressman Tom Emmer seeks amendment to limit SEC’s crypto oversight
Tom Emmer, the Majority Whip of the U.S. House of Representatives, who has previously expressed concerns about the Securities Exchange...
House Republicans ‘express concern’ over the Fed’s new crypto oversight program
A group of Republican members of the House Financial Services Committee has accused the US Federal Reserve of undermining efforts...
US Fed steps up oversight of banks’ involvement with crypto firms
The United States Federal Reserve is broadening the scope of its supervision program which oversees U.S. banks that engage with...
Federal Reserve to expand oversight of crypto-related activities at banks
The Federal Reserve says it will expand how it oversees the crypto activities of US regulated banks. The move by...
Australia ASIC sues eToro alleging lax oversight of crypto derivatives, causing consumer losses
The Australian Securities and Investments Commission (ASIC) has filed a lawsuit against the online trading platform eToro for allegedly violating...
US Accountability Office says regulators need ‘coordination mechanism’ to tackle crypto oversight
The U.S. Accountability Office (GAO) believes significant regulatory gaps in the crypto industry — specifically related to spot cryptocurrency markets...
US GAO explores blockchain for SBA’s small business programs oversight
The United States Government Accountability Office (GAO) found that blockchain technology can help facilitate oversight of various programs run by...
Elon Musk calls for AI regulatory oversight: Report
Twitter's executive chairman Elon Musk continues to push for more regulatory oversight of artificial intelligence, claiming it may be "smarter...