Futures contract, Economics, Hedge, Finance, Futures exchange, Climate

New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks

On Oct 29, 2020
@CoinDesk shared
RT @nikhileshde: THREAD: @NYDFS sent a letter to banks and fintech firms advising them to look at how climate change might impact their services and noting that a 1°C rise in average global temperature could lead to damages up to 1.2% of US GDP. Article by @kalrajs23: https://t.co/nfnVJcfitP
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The regulator said it expects all firms, including virtual currency businesses, to start assessing climate change associated financial risks.

www.coindesk.com
On Oct 29, 2020
@CoinDesk shared
RT @nikhileshde: THREAD: @NYDFS sent a letter to banks and fintech firms advising them to look at how climate change might impact their services and noting that a 1°C rise in average global temperature could lead to damages up to 1.2% of US GDP. Article by @kalrajs23: https://t.co/nfnVJcfitP
Open

New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks

New York’s Financial Regulator Wants Firms, Including Crypto Miners, to Look Closer at Climate Change Risks

The regulator said it expects all firms, including virtual currency businesses, to start assessing climate change associated financial risks.

Blockchain Bites: Filecoin’s Mainnet, M&A’s Upswing, Tarbert’s Environmental Concerns

Blockchain Bites: Filecoin’s Mainnet, M&A’s Upswing, Tarbert’s Environmental Concerns

Crypto M&A deals are on pace to surpass last year, CFTC Chairman Tarbert is "impressed" with Ethereum and Filecoin flies.

Crypto exchange ErisX announces launch of physically settled ETH futures

Crypto exchange ErisX announces launch of physically settled ETH futures

Cryptocurrency derivatives exchange ErisX announced Monday the launch of physically settled Ether (ETH) futures contracts, a first-of-its-kind debut in the U.S.The post Crypto exchange ...

US report warns climate change could create economic chaos

US report warns climate change could create economic chaos

The far-reaching consequences of climate change have the ability to create chaos in the financial system and disrupt the American economy, according to a federal report released Wednesday.

CFTC report: Climate change poses serious risk to financial system

CFTC report: Climate change poses serious risk to financial system

“Climate change poses a major risk to the stability of the U.S. financial system and to its ability to sustain the American economy,” the CFTC task force said in its report.

STATEMENT: US Financial Regulators Should Address Climate Risks That Threaten to Destabilize Our Economy

STATEMENT: US Financial Regulators Should Address Climate Risks That Threaten to Destabilize Our Economy

Environmental organizations among committee that developed first-ever federal report on climate threat to US financial stability.

What the CFTC Chairman Actually Said About Ether Futures and Ethereum 2.0

What the CFTC Chairman Actually Said About Ether Futures and Ethereum 2.0

The Takeaway: CFTC Chairman Heath Tarbert said last month that ether is a commodity, and he expects to see regulated ether futures in the U.S. in the next six months. The ethereum network ...

Ethereum 2.0 tokens could be securities, warns CFTC chairman

Ethereum 2.0 tokens could be securities, warns CFTC chairman

The CFTC Chair said he wanted to create an environment where innovation could flourish, but proof-of-stake networks could prove problematic for regulators.

U.S. regulators woke up and realized climate change could cause a financial crisis

U.S. regulators woke up and realized climate change could cause a financial crisis

34 experts representing banks, asset managers, the energy and agricultural sectors, and environmental NGOs agree: Climate change is a major threat to the economy.

CFTC Commissioner Behnam Announces Members of the Market Risk Advisory Committee’s New Climate-Related Market Risk Subcommittee

CFTC Commissioner Behnam Announces Members of the Market Risk Advisory Committee’s New Climate-Related Market Risk Subcommittee

Washington, DC — U. S. Commodity Futures Trading Commission Commissioner Rostin Behnam today announced the members of the new Climate-Related Market Risk Subcommittee (Climate Subcommittee) ...

The Rise of The Stable Coins - Will They Be The Next to Endure Regulatory Scrutiny From The SEC?

The Rise of The Stable Coins - Will They Be The Next to Endure Regulatory Scrutiny From The SEC?

As the cryptocurrency markets continue to sink to alarmingly low levels with almost all digital assets at all time lows, it seems that investors are running to the safe haven of the stable ...

CFTC’s New Chairman: Who Is Heath Tarbert, What He Thinks of Crypto?

CFTC’s New Chairman: Who Is Heath Tarbert, What He Thinks of Crypto?

An Oxford scholar, Supreme Court Justice’s clerk and an international financial regulator: Meet the new CFTC Chairman...

discuss the trends in and outlook for crypto markets

discuss the trends in and outlook for crypto markets

Not any time soon Earlier this month, Heath Tarbert – the new Chairman of the U.S. Commodity Futures Trading Commission (CFTC) – declared that ether, the token of the ethereum blockchain, ...

Merchant fined for failing to train employees — Former NYDFS Superintendent Vullo Talks About Cybersecurity Regs

Merchant fined for failing to train employees — Former NYDFS Superintendent Vullo Talks About Cybersecurity Regs

Merchant fined for failing to train employees — Former NYDFS Superintendent Vullo Talks About Cybersecurity Regs

Crypto Rises; CFTC Tech Committee Discusses Regulations

Crypto Rises; CFTC Tech Committee Discusses Regulations

Crypto Rises; CFTC Tech Committee Discusses Regulations

3 Reasons Why Bakkt’s September Launch Is Bullish for Bitcoin

3 Reasons Why Bakkt’s September Launch Is Bullish for Bitcoin

Bakkt is a platform for institutional investors and anyone else to buy bitcoin through its legally compliant system.

CFTC Chairman Wants US to Lead in Blockchain Technology and Says Fintech Regulation Needs Principles Not Proscriptive Rules

CFTC Chairman Wants US to Lead in Blockchain Technology and Says Fintech Regulation Needs Principles Not Proscriptive Rules

In an appearance on CNBC last week, Heath Tarbert, chairman of the Commodity Futures Trading Commission indicated that he wanted the United States to…