Tag: Treasury

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Polkadot treasury established to fund projects ‘that give traction to the network’

Polkadot has launched the Polkadot Treasury to fund proposals from developers within the community and multiple proposals have already been submitted. Blockchain platform Polkadot (DOT) is the latest to invest back into its developer community with the launch of the Polkadot treasury. Run by community-elected council members, the pool will fund as many new community…
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Twitter Hack Shows That Crypto Is Easier to Investigate Than Fiat, Say Industry Law Experts

A panel of compliance experts from the crypto industry agreed that law enforcement and institutional finance have been hearing more positive narratives about crypto. During an Aug. 4 panel on legal compliance within the cryptocurrency industry, major figures noted recent shifts in public perception of the industry, pointing to arrests within weeks of the Twitter…
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Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities

A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto. In response to a request for comment on potential rules from the Office of the Comptroller of the Currency (OCC), many major players in crypto have written…
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Former US Treasury Head Calls Payment ‘Friction’ the Best Argument for Crypto

Clinton-era Treasury Secretary Summers doesn’t buy some of the crypto community’s anarchic sentiments but agrees that they are solving a major problem. In a June 25 interview with Circle’s Jeremy Allaire, former Treasury Secretary Lawrence H. Summers talked about crypto’s ability to patch up the modern financial system, particularly calling out the great difficulty in…
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Law Decoded: Of Street Marches and Market Manipulators, May 30–June 5

As protests rage throughout the United States, this week’s biggest moves in crypto law were behind the scenes. Cointelegraph’s weekly newsletter on the latest in law, policy and regulation for the crypto and fintech industry.  Editor’s note A lockdown spring is giving way to a protest summer in the U.S., and this will be an…
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