Acting CoC Michael Hsu: Crypto is ‘immature,’ but maybe it doesn’t have to go away
The acting U.S. official added nuance to his well known skepticism about the crypto industry, but warns against accommodation, in speeches on risk and regulation.
245 Total views
8 Total shares

Related Posts


Digital banking: How DeFi can lower costs for everyone
Decentralized finance (DeFi) is often characterized as a movement that could unseat traditional banks once and for all — eliminating intermediaries and giving consumers levels of freedom and choice that they’re probably unaccustomed to.But there’s an alternative narrative, one that doesn’t pit DeFi against the banks. What if these innovative protocols could help provide desperately…

Bitcoin facilitates a global economy, says Tim Draper
“People are already realizing that they would rather have Bitcoin than fiat currency,” said Draper. 3227 Total views 18 Total shares Venture capitalist Tim Draper is continuing his bullish talk on Bitcoin in some investment tips for those new to the crypto space.Speaking at the Collision web summit on Thursday, Draper said Bitcoin (BTC) could…

Robinhood returns to court to defend position in case brought by US state regulator
The Massachusetts Securities Division filed a complaint against Robinhood in December 2020 alleging the platform was in violation of the state’s fiduciary duty standards. 19 Total views 62 Total shares Own this piece of history Collect this article as an NFTLawyers representing cryptocurrency and stock trading app Robinhood faced off against those for the Secretary…

Brazil Requires Crypto Exchanges to Report on User Transactions to Authorities
The Department of Federal Revenue of Brazil (RFB) has released new rules requiring that cryptocurrency exchanges inform the regulator about users' transactions in order to identify tax fraud, Cointelegraph Brazil reported on June 19.The guidelines clarify how cryptocurrency trading platforms in Brazil should adopt new rules to report about the movements of users' crypto funds…

Chinese Government Supports Development of ‘Blockchain City’ in Malaysia
The Chinese government is purportedly supporting the construction of a "blockchain city" in the critical shipping lane of the Malaysian Malacca Strait. The development was announced in a press release shared with Cointelegraph on April 26.Construction and engineering company China Wuyi and investment network SWT International Sdn Bhd have jointly launched the Chinese government-backed project…

IOTA Revs Its Engines for Mainnet Upgrade Launch
Chrysalis is barely a week away from going live. The IOTA network is preparing to launch the first phase of Chrysalis, also known as IOTA 1.5, on its mainnet sometime next week.According to a tweet published by the IOTA Foundation, the upgrade will allow the network to process 1,000 transactions per second, and will institute…

WEF 2022: Trust and clarity are missing in discussions of carbon emissions and crypto
Panelists at the World Economic Forum session on crypto’s carbon footprint seem to be seeing FUD galore surrounding the environmental consequences of crypto mining. 78 Total views 3 Total shares The need for a clear, balanced concept of the issue was a constant theme at the panel discussion of crypto’s carbon footprint at the 2022…

CertiK Foundation Launches Security-Focused Blockchain
Blockchain cybersecurity company CertiK has launched its native CertiK Chain blockchain. The CertiK Foundation announced its new release in an official blog post on July 22.According to the announcement, CertiK Chain aims to provide a blockchain infrastructure that is comprehensively secure.The full nodes of this blockchain will reportedly run on CertiKOS, which they say is…