Tag: Regulation

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Pantera Capital Founder Says Regulators ‘Triggered’ by Grams and Libra

‘The U.S. government will not let random startups’ challenge the dollar, says Dr. Waterhouse. Dr. Steven Waterhouse, a founding partner of Pantera Capital and the CEO of Orchid (OXT), believes that the U.S. government will not let a private enterprise challenge the dollar. In an interview recorded prior to Telegram announcing it had given up…
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Coin Center’s Non-Profit Battle for Decentralization in DC With Peter Van Valkenburgh

Peter Van Valkenburgh speaks on the value of decentralization and how it plays into Coin Center’s mission in U.S. policy. Formed in 2014, Coin Center was the first non-profit to focus on defending the independence of decentralized blockchain networks and cryptocurrencies in front of regulators in the United States. Peter Van Valkenburgh was one of…
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China’s Central Bank Proposes a Blockchain-Based Trade-Finance Platform

The People’s Bank of China proposed a blockchain trade financing information platform for the Guangdong-Hong Kong-Macao Greater Bay Area. A number of governing entities in China recently came together to issue an official document, proposing the development of a blockchain-based trade finance platform. Contributors included the People’s Bank of China, the China Banking Regulatory Commission,…
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Overstock Wants Lawsuit Nixed Ahead of Security Token Distribution

Overstock is seeking the dismissal of a lawsuit accusing the firm of market manipulation and issuing misleading information regarding tZERO. Online retailer and early Bitcoin adopter Overstock has filed for the dismissal of a lawsuit that accuses the company of misrepresenting the nature of its ‘digital dividend’ token. The dividend is a security token airdrop…
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Most Crypto Users Think QuadrigaCX CEO Faked Own Death

Viewers polled at Consensus: Distributed believe Gerald Cotten from the defunct crypto exchange QuadrigaCX may still be alive. Eighteen months after Gerald Cotten, founder and Chief Executive Officer (CEO) of QuadrigaCX, was reported to have died while doing volunteer work at an orphanage in India, and most crypto users apparently believe he’s still alive. The…
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Blockchain Technology: A Remedy for De-Globalization?

In light of the cracks revealed by the COVID-19 pandemic, blockchain is needed now more than ever to create a new global paradigm. The outbreak of the COVID-19 pandemic has profoundly impacted the world both economically and socially, serving to aggravate political tensions while driving nationalist protectionism. Despite the full extent of the pandemic being…
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New User Registrations on Binance Approach All-Time High Amid Bitcoin Halving

Binance’s CEO said that the number of new user registrations has reapproached the levels seen at the peak of the 2017/2018 parabolic bull run. During a fireside chat as part of Consensus: Distributed on May 12, Changpeng Zhao, the chief executive and founder of Binance, said that the top cryptocurrency exchange is seeing a spike…
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Shanghai PBoC Warns Chinese Public Against Blockchain Investment Schemes

A social media account for the People’s Bank of China is warning citizens against illegal fundraising schemes that involve virtual currencies and blockchain. The Shanghai branch of the People’s Bank of China (PBoC) published an article detailing the signs of a financial scam, mentioning virtual currency and blockchain as signs of a fraudulent offering. The…
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Crypto Exchange ErisX Launches First US Ether Futures Contracts

Since being granted a DCO by the CFTC and offering digital asset futures trading in December, ErisX has expanded its offering to ETH. Chicago-based crypto exchange ErisX has notified its members and participants that it will start offering trading on Ether futures in the United States. According to a company blog post on May 11,…
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Vietnam Govt to Launch Crypto Research Group to Evaluate Policy

Vietnam finance ministry has established a research group to develop and scrutinize digital currency-related policy proposals. Vietnam’s Ministry of Finance has agreed to establish a research group charged with studying and making policy proposals regarding cryptocurrencies and virtual assets on. The group, announced May 11, will comprise nine members led by the Vice Chairman of…
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