Tag: trust

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Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’

On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with the Financial Action Task Force (FATF) Travel Rule. There are currently 18 crypto firms that have joined TRUST so…
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Blockchains and Antitrust Laws Share the Same Objective, Says Vitalik Buterin

Vitalik Buterin says both blockchain and antitrust laws have the same goal: preventing the creation of monopolies by imposing decentralization. In a recently published paper, Ethereum cofounder Vitalik Buterin along with Harvard faculty Thibault Schrepel argued that blockchain is positioned to help antitrust laws in areas where regulations are difficult to apply and enforce. The…
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