News

US Financial Services Chair Tells Joe Biden to Rescind OCC Crypto Guidance

U.S. Representative Maxine Waters, who chairs the powerful House Financial Services Committee, wants President-elect Joe Biden to rescind or monitor all of the cryptocurrency-related guidance issued by the Office of the Comptroller of the Currency (OCC). It also comes days after those same members introduced a bill that would require stablecoin issuers to seek bank...

Koko claims bias before Zondo commission

Former Eskom chief executive Matshela Koko has followed former president Jacob Zuma’s strategy, accusing the commission of inquiry into state capture of failing to perform its work impartially and reaching a foregone conclusion. In a lawyer’s letter to Deputy Chief Justice Raymond Zondo, Koko alleged that the commission’s investigators have used affidavits he filed before...

Michael Casey: Bitcoin vs. Gold Is a Battle of Narratives

One reason I feel privileged to write about digital money is the ideas and technologies it seeks to disrupt aren’t just a few years or decades old. They date back centuries, even millennia. Like gold, for example.  As bitcoin’s price has soared to new all-time highs and a parade of big-name investment professionals such as...

Why the Big Fish escape the justice net

The Umkhonto weSizwe Military Veterans Association’s widely discredited Carl Niehaus has warned Deputy Chief Justice Raymond Zondo that having Jacob Zuma arrested or even filing legal charges against him is ill-advised and even dangerous. The former president walked out of the state capture inquiry after his spurious application for Zondo’s recusal was dismissed — and...

US Treasury Wants Regulators to Watch for ‘Potential Risks’ in Digital Asset Innovation

The U.S. Department of the Treasury wants state and federal regulators to keep a vigilant watch on digital asset innovation. According to a report released on Thursday by the Financial Stability Oversight Council, digital assets are a “particularly good example” of both benefits and potential risks associated with innovation. The report highlighted the ambitions by...

Dr Sumy Thomas: Deciphering the human puzzle, from the inside out

Dr Teressa Sumy Thomas says it was her early years in the rural Eastern Cape that shaped her broader goal in life: to serve those in need.  “I grew up in the Transkei, where my parents taught senior secondary biology and physical science at rural schools. These were schools where the only meal the children...
1 2 3 104