Giancarlo says banks need crypto rules most
Former Commodity Futures Trading Commission chairman Chris Giancarlo said US banks urgently need clear cryptocurrency regulations to invest in the technology and remain competitive in global payments.

Finance journalist at Grafa. Covers tech, crypto, and markets, making complex finance clear for all. Passionate about innovation and trends.
Former Commodity Futures Trading Commission chairman Chris Giancarlo said US banks urgently need clear cryptocurrency regulations to invest in the technology and remain competitive in global payments.
A US federal court has dismissed a terrorism financing lawsuit against cryptocurrency exchange Binance filed by victims and relatives of victims of 64 attacks linked to militant groups.
Bitcoin dropped nearly 2% within 15 minutes on Sunday to around $65,725 as oil prices surged amid escalating tensions in the Middle East and fears of a global energy supply disruption.
Ethereum traded near $1,939 on March 8, remaining below the key $2,000 psychological level as technical indicators across multiple timeframes signalled fading upward momentum.
President Donald Trump has declared he will refuse to sign any legislation until Congress passes the SAVE America Act, adding new uncertainty to the stalled Digital Asset Market CLARITY Act.
BHP (ASX:BHP) is pivoting towards South East Asian markets as a protracted trade dispute with Beijing intensifies.
The ACCC is putting fuel retailers on notice as Middle East conflicts drive a sharp spike in international crude oil and petrol prices.
The Australian Securities and Investments Commission has launched a Supreme Court bid to wind up Liberty Bell Bay.
Colombia is moving closer to formal regulation of the cryptocurrency sector as the Central Bank of Colombia completes a draft framework aimed at governing digital asset activities.
PMV Pharmaceuticals (NASDAQ:PMVP) reported significant clinical momentum for its lead candidate, rezatapopt, bolstered by a fresh FDA Orphan Drug Designation and clinical results showing high response rates in late-stage ovarian cancer patients.
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