Mark Cuban says he wants Gary Gensler’s job as head of the SEC
The crypto-friendly billionaire appears to be throwing his full support behind US presidential candidate Kamala Harris.
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Smart Contracts Are No Problem for the World’s Legal Systems, so Long as They Behave Like Legal Contracts
Cryptocurrencies have been a headache (if not a nightmare) for the law. Ever since Ross Ulbricht launched the Silk Road online marketplace in February 2011, Bitcoin and its ilk have been disrupting the ability of authorities to police the globe, and to ensure that norms, regulations and laws are being observed. For a while, it…
Growth of Crypto Industry Could Threaten Banks, Financial Stability: Basel Committee
International banking authority the Basel Committee on Banking Supervision (BCBS) has issued a warning statement on crypto assets on March 13.The BCBS is a committee of banking supervisory authorities hosted and supported by the Switzerland-based Bank for International Settlements (BIS) — an organization made up of 60 of the world’s central banksIn today’s statement, the…
Corporate disclosure is the only way to get crypto institutionalized
Some people predicted that crypto assets were going to be a fad that would quickly come and go. But in just a short time, we’ve seen crypto assets become the focus of new innovation. Cryptocurrencies have offered value exchange, the ability to generate income, and a viable investment option. Young companies are turning away from…
The Care Bears, Roger Ver, and Tesla shenanigans: Bad crypto news of the week
While Bitcoin stays under its $12,000 ceiling, you can take your pick of future price predictions. The Winklevoss Brothers say that the coin will reach $500,000 and maybe even $600,000 if governments start to include it in their currency reserves. The twins didn’t put a date on that prediction but Ecoinometrics, a data analysis firm,…
Congressional privacy proposals could kill scores of blockchain projects
With public trust in large tech companies at an all-time low, Congress is once again considering comprehensive data privacy legislation. But the rise of blockchain technologies and the nascent decentralized web mean that these comprehensive proposals are already behind the times. Without major revisions, these legislative proposals risk strangling decentralizing technologies in the cradle. The 118th…
Russia’s Sberbank plans release of its own crypto token, the ‘Sbercoin’
With new legislation on digital assets coming into effect in a month, Russian financial institutions are looking to act. 488 Total views 10 Total shares With a new law coming into effect in Russian, the country's largest bank is planning a new blockchain platform for trading, as well as a native token.According to a Monday…
Ether price cracks $2K amid staking withdrawals enabled post-Shapella upgrade
Ether (ETH) has crossed the $2,000 mark after the much-awaited Shanghai and Capella upgrade that was implemented into the Ethereum Mainnet. 661 Total views 38 Total shares Own this piece of history Collect this article as an NFTDespite some fears of a new supply of Ether (ETH) hitting the markets after the much anticipated Shapella…
Research: Only 30% of Known Stablecoins Are Live and Operational
Only 66 stablecoins — 30% of total announced tokens — are actually live and operational, according to a study published by the blockchain research group Blockdata on June 26The remaining 70% are either still in development or have shut down entirely.Researchers from Blockdata believe that one consequence of this is that 2019–2020 may see a…