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Virgin Money banned credit card purchases of cryptocurrency today, following similar bans by US banks as well as Lloyds Banking Group. #NEWS
Virgin Money banned credit card purchases of cryptocurrency today, following similar bans by US banks as well as Lloyds Banking Group. #NEWS
The Indian central government is embarking on its first implementation blockchain-based solutions, starting with the digital certification of education degrees, which will be issued using the distributed ledger technology starting with batches graduating next year. The project, IndiaChain, is partnering with the Indian Institute of Technology (Bombay) and colleges under the Delhi University. IndiaChain will … Continue reading IndiaChain: Government’s Blockchain-based Certification For Education Degrees
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The Indian central government is embarking on its first implementation blockchain-based solutions, starting with the digital certification of education degrees, which will be issued using the distributed ledger technology starting with batches graduating next year. The project, IndiaChain, is partnering with the Indian Institute of Technology (Bombay) and colleges under the Delhi University.
IndiaChain will be linked to IndiaStack, other government digital identification databases, and the government’s digital locker project. IndiaStack, a set of code developed around India’s unique identity project Aadhaar, helps developers build products and services on top the country’s growing digital infrastructure.
The trials are being conducted by Niti Aayog, the government’s policy think tank. According to the group, the pilot trials will begin soon, and once they are successfully completed the full-scale implementation will start. The plan is to start issuing digital certificates on the blockchain for students graduating in 2019 and onwards.
Fake education certificates/degrees are a huge problem in India, a country that graduates over five million students every year. They are not hard to obtain: A paper certificate that looks exactly like an original can be bought for as little as Rs 2,000 (just over $30). In fact, as recently as January 29th the Delhi police arrested three men, including a Delhi University graduate, who was allegedly involved in running a massive fake degree racket.
The problem down the line is that companies hiring recent graduates by the thousands, typically software and service providers, have to spend a lot of money to verify the certificates and transcripts they receive. A digital certificate based on blockchain technology would help address this problem. In the case of IndiaChain, verification will be done via an app, and authentication can be instantaneous once the certificate holder themselves approves of the access. Another advantage is that records cannot be tampered with, as changes to individual blocks can be made only with the approval of all parties processing the block.
During his recent budget presentation, Finance Minister Arun Jaitley announced intentions to clamp down on cryptocurrencies, but showed support for adopting blockchain-based technology for developing solutions. “The Government will explore the use of blockchain technology pro-actively for ushering in the digital economy,” the minister said. Already, Indian states Andhra Pradesh, Telangana and Karnataka are looking at implementing governance projects on the blockchain at the state level, with applications that include land title registry, power distribution, health records, insurance, and more.
The post IndiaChain: Government’s Blockchain-based Certification For Education Degrees appeared first on NewsBTC.
In recent years, advertisements on internet have become the mainstream means of product promotion. Technological advancements have brought a number of digital advertising formats including new display, social and video formats as well as emerging formats such as virtual reality, to help keep up with the growing need to reach out to potential clients in … Continue reading ClearCoin: An Excellent Platform to Solve Problems and Prevent Fraud in the Advertising Industry
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In recent years, advertisements on internet have become the mainstream means of product promotion. Technological advancements have brought a number of digital advertising formats including new display, social and video formats as well as emerging formats such as virtual reality, to help keep up with the growing need to reach out to potential clients in the most innovative way. However, with the growth in digital advertising spending, there has also been a growth in inaccuracies and fraud. In the way that blockchain has solved the double spending problem for the digital currency, perhaps the same success can be replicated to address ad fraud and inaccuracy problem for digital ads.
The digital ads industry is fragmented, with new fragments cropping up every other day. To lower the costs of advertising, increase efficiency and transparency, the advertisers and publishers have to work together. The most efficient way to arrange for it is through the implementation of blockchain technology. ClearCoin does just that with the help of decentralized ledger technology to solve the persistent issue plaguing the advertising industry.
Clearcoin.co, with its ongoing token sale, is a platform created to promote products based on blockchain technology, solving problems associated with digital advertising. The global advertising platform connects advertisers and publishers and tracks all transactions on a proof-of-history ledger, which helps combat advertising fraud and inaccuracies.
The Current Solutions.
There is a vibrant digital advertising ecosystem in the world today. As of 2017, the digital advertising ecosystem has not used the powerful blockchain for positive impact. To get a sense of what is happening in digital advertising, one has to first understand the current landscape. There are many acquisitions and consolidation that have taken place in the advertising industry in the last ten years to keep up with the spending happening every year.
Companies are moving towards the most innovative and efficient solutions that provide the best results for them and their clients. Many of the acquired companies have ceased new innovation as they integrate themselves into larger and more established companies.
Application of blockchain technology is considered as an update of the technological infrastructure in the world with simultaneous improvement in transparency, authentication, and efficiency of the process. ClearCoin works in collaboration with a media procurement chain. It can easily support the rapidly expanding supply chain within the ad and media sector, and significantly reduce the costs involved.
ClearCoin’s operations
The ClearCoin ecosystem is composed of five key elements including the Blockchain Media Buys, Supply and Demand API, Blockchain Ad Protocol, and a Proof-of-History Ledger. Any media buys will be tracked on the blockchain which uses a proof-of-history ledger tracking technology. The users of this platform will follow a three-step procedure — Media Planning, Media Buying, and Tracking and Analytics to execute an advertising campaign. These steps will be instrumental in targeting, buying, and tracking of the ad campaign.
The proof-of-history blockchain serves as a fundamental pillar in ClearCoin’s operations. It is going to set the standard for the entire industry. The blockchain will use encrypted data to protect user privacy, separates real adverts impressions from fraudulent ones to act as a security layer against fraud within the ecosystem.
ClearCoin’s platform will eliminate inefficiencies and intermediaries from the advertising ecosystem. Other functions of the network include purchase function, income from advertisers for publishers which have advertising space for sales, security features, auctions in the format of bargaining, policy of users’ privacy, transparency and absence of inaccuracies, smart contracts between advertisers and publishers, and real-time data.
The token sale.
ClearCoin is a payment protocol to be used by advertisers to pay publishers. The ClearCoin tokens serve as the primary means of value exchange in the ecosystem. The platform will charge a 10% fee for each transaction. Built on Ethereum blockchain, the tokens comply with ERC20 standards.
The digital advertising industry is -at the moment- producing well over 10 billion adverts impressions per day, ClearCoin – on the contrary- will be able to track over 100,000 impressions per second.
During the token sale, registered users will be able to buy ClearCoin (CLR) tokens and store them in a wallet provided on the platform. Started on 18th November 2017, the token sale will go on until 31 March 2018, with the final token price expected to reach $0.10. The price after the end of the token sale will be determined by the demand and supply in the market.
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The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes ahead of the chairman’s oral testimony before the U.S. Senate Committee on Banking, Housing an…
The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes ahead of the chairman’s oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of “Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange Commission and the U.S. Commodity Futures Trading Commission.”
Usually the written testimony closely mirrors the language we can expect in the oral testimony today. Going through the written testimony, there are several key takeaways to note. (If the opinions of the chairs contained in this article seem familiar, it’s because they co-authored an op-ed in the Wall Street Journal on January 24, 2018, ostensibly laying the groundwork ahead of their testimony.)
Point #1: IF you seek to raise capital to fund an enterprise via an ICO, the SEC views this as the offer and sale of securities, and your venture is subject to the laws governing the sale of securities.
For those in the cryptocurrency world, this is bad news if the coin you are invested in is determined to be an actual security. On page 3 of his written testimony, Clayton stated:
There should be no misunderstanding about the law. When investors are offered and sold securities — which to date ICOs have largely been — they are entitled to the benefits of state and federal securities laws and sellers and other market participants must follow these laws.
It seems Chairman Clayton believes most ICOs are unregistered securities; meaning, if they are to be considered as such, they’d be in violation of state and federal laws. Clayton further evidences this supposition, noting, “For those who seek to raise capital to fund an enterprise, as many in the ICO space have sought to do, a primary entry into the SEC’s jurisdiction is the offer and sale of securities, as set forth in the Securities Act of 1933.” Here, Clayton is stating that ventures seeking to raise funds via an ICO should consider, as a “primary entry,” registering as a security with the SEC.
At the crux of the chairman’s points here is an argument the industry has faced in a fundamental fashion, especially on ICOs. That argument is, as Clayton puts it on page 6 of his testimony, “Is the coin or token a security?” While Clayton does demur to say that the answer to his ICO question depends on the individual facts of each coin or token, he does state that “to date no ICOs have been registered with the SEC, and the SEC also has not approved for listing and trading any exchange-traded products (such as ETFs) holding cryptocurrencies or other assets related to cryptocurrencies.”
How Clayton Arrives at That Point:
As a governing definition of securities, Chairman Clayton cited §2(a)(1) of the Securities Act of 1933 as well as §3(a)(10) of the Securities Exchange Act of 1934. (These two Acts are two of the primary three bodies of law that outline most of the regulations of the U.S. investment industry — the third being the Investment Advisers Act of 1940, or the “40 Act” colloquially.) These sections define a security as “includ[ing], among other items, ‘an investment contract.’” According to federal laws under Title 15 of the U.S. Code, an investment contract is “an investment of money in a common enterprise with a reasonable expectation of profits to be derived from the entrepreneurial or managerial efforts of others.” See 15 U.S.C. §§ 77b–77c.
Point #2: The U.S. regulators will apply the same “facts and circumstances” analysis, utilizing a principles-based framework to determine if ICOs and cryptocurrency markets should be classified as securities.
This is a potential sigh of relief for the cryptocurrency industry. If the chairs remain steadfast on this point, it appears that any crackdown on different coins will come in piecemeal fashion and on the merits of the coins individually, rather than from a broad-swept ruling. Referring in his testimony to a report issued on July 25, 2017, on DAO tokens as a test case, the chair seems to suggest the methodology for determining that DAO tokens are securities should be allegorized to other coins or tokens offered in the space.
Going further on page 7 of his testimony, the chair states that “the Commission’s message to issuers [those who conduct the ICO] and market professionals in the space was clear: those who would use distributed ledger technology to raise capital or engage in securities transactions must take appropriate steps to ensure compliance with federal securities laws.”
Point #3: We are doing this in the name of “Investor Protection.”
This is the preemptive Fear, Uncertainty and Doubt (FUD) propagating line that is being towed about by every regulator safeguarding an economy more prosperous than North Korea’s. However, the point that Chairman Clayton makes on cryptocurrencies is not without merit.
Specific types of investor protection that the new application of the current regulatory framework to cryptocurrencies hopes to improve on include:
As the chair puts it in the portion of his written testimony entitled “Enforcement,” there has been a new cyber unit established within the SEC’s Enforcement Division in September of 2017, focused on misconduct involving the industry specifically targeting those types of behaviors listed above.
Point #4: Cryptocurrencies aren’t “currency,” but some of them aren’t “securities” either.
The chairman doesn’t come out right and directly say this, but on page 5 of his written testimony, he states:
While there are cryptocurrencies that, at least as currently designed, promoted and used, do not appear to be securities, simply calling something a ‘currency’ or a currency-based product does not mean that it is not a security.
The chair does note slightly above in his testimony that “the SEC does not have direct oversight of transactions in currencies or commodities, including currency trading platforms.”
Point #5: But save some prohibition for the average individual investor…
Prohibiting certain classes of investors from participating in a security or marketplace is nothing new. For example, certain private offerings are only allowed to accredited individual investors, while others are reserved for the more specific classes of investor.
As individual investors in the cryptocurrency space (“Retail Investors” or “Main Street Investors”), the following statements in the written testimony are disheartening.
SEC Chair Clayton states on page 2 of his written testimony that his efforts “have been driven by various factors, but most significantly by the concern that too many Main Street investors do not understand all the material facts and risks involved.” While it’s no surprise to investors that cryptocurrencies are currently a volatile and risky asset class, even the hint that Main Street investors lack the understanding of this notion often serves as rationale for restricting non-accredited retail investors from access to more complicated or illiquid financial instruments.
The chair then further stated, “Many trading platforms are even referred to as ‘exchanges.’ I am concerned that this appearance is deceiving.” In Clayton’s view, investors transacting on these exchanges do not receive many of the market protections that they would in traditional investment exchanges. While the chairman could be lauded for his sentiment on protecting investors, especially given that the risks of trading on exchanges have exposed investors to loss in the past, the alternative view of his statement is that the SEC chairman is seeking to find a way to regulate the exchanges that provide Retail Investors access — leaving cryptocurrencies legally accessible only to those sufficiently educated on the risks, the product and the space or, as in the case of accredited investors, allowing only the rich to invest in cryptocurrencies.
We will have an update on takeaways from the Senate Hearing shortly.
This article originally appeared on Bitcoin Magazine.
After explosive growth, the industry enters in a new era of due diligence and transparency. #EXPERT_TAKE
After explosive growth, the industry enters in a new era of due diligence and transparency. #EXPERT_TAKE
Competition in the cryptocurrency ecosystem can only be considered a good thing. There is nothing wrong with taking an existing project, forking the code, and exploring different options down the line. That is exactly what happened with PIVX, as it is an original fork of Dash, another popular privacy-oriented cryptocurrency. PIVX stands for Private Instant Verified Transaction (X) and is a currency which focuses mainly on security and privacy. Why was PIVX Forked From Dash? No one can deny Dash has quickly become a popular cryptocurrency, even though there are some questions regarding its approach. With optional transaction privacy and the
Competition in the cryptocurrency ecosystem can only be considered a good thing. There is nothing wrong with taking an existing project, forking the code, and exploring different options down the line. That is exactly what happened with PIVX, as it is an original fork of Dash, another popular privacy-oriented cryptocurrency. PIVX stands for Private Instant Verified Transaction (X) and is a currency which focuses mainly on security and privacy.
No one can deny Dash has quickly become a popular cryptocurrency, even though there are some questions regarding its approach. With optional transaction privacy and the developers’ ability to shut down network-wide functions in a pinch, it seems a different approach is more than warranted. Even so, the Dash project offers a lot of interesting features on which PIVX is based, including the masternode model and Tor support. There is also no premine to speak of, which is well worth taking into account when looking into PIVX.
Saying that a new cryptocurrency is private and actually making it so are two very different things. While PIVX is a multifaceted endeavor to provide transaction security and a privacy-focused cryptocurrency, it’s always worth looking into how things work under the hood. Cryptocurrency users should be able to enjoy privacy – and even anonymity – by default, rather than have to jump through hoops first. With PIVX, privacy is offered by default. Untraceable transactions use a combination of Coinjoin and the Zerocoin protocol, but there is still some further work to be done in this regard.
It is worth mentioning that PIVX initially launched under the Darknet (DNET) brand, yet it has since come a long way. A professional rebrand to PIVX has helped highlight the features this currency has to offer. Achieving near-instant private transactions will prove to be challenging, though certainly possible. Right now, this feature as implemented by PIVX is a bit similar to DASH’s PrivateSend, as it is made possible by the masternodes hosted on the PIVX network. Setting up such a masternode costs 10,000 PIVX, and rewards users a few PIVX per month for doing so.
Additionally, PIVX uses proof-of-stake 3.0 as a consensus algorithm. It is also based on the Quark hashing algorithm, and there is no hardware capable of mining PIVX as of right now. With a block time of 60 seconds, it’s also a lot faster than Dash. There is a 60,000 PIVX premine which was used to set up six initial network masternodes. As more people set up their nodes, the PIVX premine was effectively burned from the supply later on.
The 2018 roadmap for PIVX introduces some interesting changes. zPIV staking will be introduced, which is a first for any cryptocurrency. It combines Zerocoin with proof of stake to offer 50% more staking rewards. There will also be an iOS wallet once the team complies with all of Apple’s demands in this regard. It seems the Ledger wallet will be able to support collateral for a PIVX masternode moving forward, which will certainly attract a lot of positive attention moving forward. Last but not least, there will be a zPIV decentralized exchange, known as zDEX. The trading fees generated by this platform will be returned to masternode owners, which creates even more incentive to hold onto one’s coins.
Former President of Mexico Vicente Fox was part of a panel discussion at the Blockchain Economic Forum in Singapore on February 5, 2018, and had a number of insights on blockchain technology generally and how Mexico might make use of it to help curt…
Former President of Mexico Vicente Fox was part of a panel discussion at the Blockchain Economic Forum in Singapore on February 5, 2018, and had a number of insights on blockchain technology generally and how Mexico might make use of it to help curtail corruption and rein in the drug trade.
While President Fox openly admitted that he doesn’t understand blockchain technology that well at this point (learning more about it was a big reason he went to the conference), he does see the incredible potential for the use of a platform that democratizes data for the good of all.
In one example, he talked about how Mexico has to import $40 billion worth of corn from the United States because they aren’t growing enough, but it is a staple of the diet in Mexico. He knows there are older farmers that don’t necessarily understand technology, but they have wisdom and know how to get higher yields. What he envisions is a way for all those data points and metrics — from soil to irrigation to time of year, and what that generated in yields — and get it into an easily accessible, public format so that the “three and a half million farmers in Mexico can access that wisdom and increase their own yields for the benefit of everyone.” President Fox refers to this as the “Yellow Revolution.”
Drugs, energy and corruption are a large problem in Mexico. Something President Fox would like to see is the legalization and regulation of cannabis in the U.S., just as they did with alcohol, tobacco, abortion and same-sex marriage. By legalizing and regulating it and keeping the information about its cultivation, distribution and sale available for easy auditing, he feels that the power of the drug cartels can be minimized, which in turn can start to minimize the corruption problem.
Corruption in governments worldwide costs citizens trillions of dollars. President Fox knows there is technology that can help to hold these politicians accountable, from elections to votes on legislation, and wants to see it deployed.
When it comes to bribery, he noted, “You cannot corrupt a machine or a computer.”
Mexico is rich in natural oil reserves, but President Fox explained, “Part of our corruption that needs to be addressed is milking the pipelines. Thieves drill into our oil and gas pipelines and steal vast quantities of oil and gas directly from the pipeline.” He encouraged the blockchain community to continue to come up with innovative supply chain solutions.
President Fox wants to bring good ideas to Mexico, to inspire the proud and hardworking people there. He wants to accelerate the development of this technology to match the pace in today’s world. He knows what the problems are, and he wants to see the community excited and inspired to create the solutions that can contribute to a better world for everyone.
This article originally appeared on Bitcoin Magazine.
Venezuela’s plan to launch a cryptocurrency came under fire from U.S. lawmakers on Tuesday in a hearing that saw discussion on domestic regulation.
Venezuela’s plan to launch a cryptocurrency came under fire from U.S. lawmakers on Tuesday in a hearing that saw discussion on domestic regulation.
Why can’t employers pay you in cryptocurrencies. #ADOPTION
Why can’t employers pay you in cryptocurrencies. #ADOPTION
CNNMoney |
Bitcoin’s ‘many problems’ puzzle regulators
CNNMoney Bitcoin’s extreme volatility has flustered lawmakers and regulators. “There are many problems” with the way bitcoin markets operate, testified Securities and Exchange Commission Chairman Jay Clayton at a Senate Banking Committee hearing on … The Senate Is Holding Bitcoin Hearings Today. What You Need to Know. Bitcoin Slides Below $6000, Then Pops, as Regulators Push Back Regulators May Need More Power To Control Bitcoin, Senate Banking Chair Says |
CNNMoney | Bitcoin's 'many problems' puzzle regulators CNNMoney Bitcoin's extreme volatility has flustered lawmakers and regulators. "There are many problems" with the way bitcoin markets operate, testified Securities and Exchange Commission Chairman Jay Clayton at a Senate Banking Committee hearing on ... The Senate Is Holding Bitcoin Hearings Today. What You Need to Know. Bitcoin Slides Below $6000, Then Pops, as Regulators Push Back Regulators May Need More Power To Control Bitcoin, Senate Banking Chair Says |
The main reason people get excited about cryptocurrencies is that they all offer some degree of financial freedom. Bitcoin is certainly the world’s leading cryptocurrency in this regard, even though it is not without its flaws or drawbacks. Zclassic aims to do so as well, even though this hard fork of Zcash has been somewhat less popular so far. By focusing on anonymity and privacy, Zclassic may be able to stake its claim in the cryptocurrency world moving forward. Why was ZClassic Created? There is a good reason as to why Zclassic is a forked version of Zcash. Zcash has one particular
The main reason people get excited about cryptocurrencies is that they all offer some degree of financial freedom. Bitcoin is certainly the world’s leading cryptocurrency in this regard, even though it is not without its flaws or drawbacks. Zclassic aims to do so as well, even though this hard fork of Zcash has been somewhat less popular so far. By focusing on anonymity and privacy, Zclassic may be able to stake its claim in the cryptocurrency world moving forward.
There is a good reason as to why Zclassic is a forked version of Zcash. Zcash has one particular aspect which irks a lot of people. There is a 20% fee on all miner rewards, and this “cut” is sent directly to the Zcash developer fund. While this approach is not uncommon in the world of altcoins, it does raise a lot of questions regarding the future of Zcash. With Zclassic removing this fee altogether, it is a hard fork created due to ideological differences. Miners should always earn the full reward for their contributions, after all.
With so many different cryptocurrencies focusing on privacy and anonymity, it’s increasingly difficult to stand out right now. Zclassic is a currency which removes the unfair mining reward cut and does not intend to create artificial scarcity like Zcash does. However, it uses the same parameters produced during the “trusted setup meeting” to provide users with anonymity and privacy. All it takes is one user taking their secret key and destroying it to keep the system secure.
Additionally, Zclassic transactions are recorded and published on the blockchain, just like Bitcoin. There are some big differences, though, as no sender, recipient, or amount-related information is visible at any time. All of this is achieved through the Snark cryptographic technique, which has been of great interest to a few other cryptocurrency projects as well. There is a growing demand for financial privacy and anonymity right now, which means currencies such as Zclassic can make a positive impact in the future.
With a total of 21 million ZCL to be brought into circulation over the next few years, it seems this altcoin follows the same issuance model as Bitcoin. So far, just over 3.246 million coins have been mined, which means there is still a lot of work ahead for both the miners and the Zclassic community. We have seen this altcoin make a positive impact so far, even though it is still valued lower than Zcash itself. It will be interesting to see if that situation changes over time.
It seems Zclassic supporters can expect an Electrum wallet release in the near future. This wallet will need to undergo some thorough alpha and beta testing before it is shared with the public, however. Moreover, it seems we will see Zclassic getting forked into Bitcoin Private as well, although that should not have any major impact on the Zclassic project itself. An interesting future lies ahead for ZCL holders.
Fortune |
Crypto Regrets: How Much You’ve Lost If You Invested at Bitcoin’s Peak
Fortune Things move fast in the world of finance. Two months ago, Bitcoin was red hot—to the extent that people were mortgaging their homes to get in on the action. That’s probably not happening much these days, as the plunge in cryptocurrency prices has … Bitcoin briefly drops more than 14% to below $7,000 – CNBC.comCNBC Bitcoin bounces back from three-month low in volatile tradeReuters Bitcoin continues its slide, hovering around $7KCNET CoinDesk –Forbes –Investopedia (blog) all 229 news articles » |
Fortune | Crypto Regrets: How Much You've Lost If You Invested at Bitcoin's Peak Fortune Things move fast in the world of finance. Two months ago, Bitcoin was red hot—to the extent that people were mortgaging their homes to get in on the action. That's probably not happening much these days, as the plunge in cryptocurrency prices has ... Bitcoin briefly drops more than 14% to below $7,000 - CNBC.com Bitcoin bounces back from three-month low in volatile trade Bitcoin continues its slide, hovering around $7K |
CNET |
Bitcoin continues its slide, hovering around $7K
CNET Bitcoin’s downhill slope is getting steeper. The cryptocurrency on Tuesday dropped below $7,000 for the first time since last November, according to Bloomberg. It has since rebounded above that line, amid continuing volatility,. Its low for the day was … Bitcoin bombs below US$7000 as sell-off accelerates amid bank bans and regulation concernsSouth China Morning Post Bitcoin’s crash is turning into one of its biggest everMoneyweb.co.za |
CNET | Bitcoin continues its slide, hovering around $7K CNET Bitcoin's downhill slope is getting steeper. The cryptocurrency on Tuesday dropped below $7,000 for the first time since last November, according to Bloomberg. It has since rebounded above that line, amid continuing volatility,. Its low for the day was ... Bitcoin bombs below US$7000 as sell-off accelerates amid bank bans and regulation concerns Bitcoin's crash is turning into one of its biggest ever |
A hearing at the U.S. Senate Tuesday saw top lawmakers debate the need for new legislation to increase crypto industry oversight.
A hearing at the U.S. Senate Tuesday saw top lawmakers debate the need for new legislation to increase crypto industry oversight.
Head of BIS calls crypto a “threat to financial stability” and urges central banks to crack down on it. #NEWS
Head of BIS calls crypto a “threat to financial stability” and urges central banks to crack down on it. #NEWS