Tag Archives: Regulation

Andy Yen is the CEO and co-founder of Proton, a privacy-centered organization that seeks to provide a whole new (autonomous) version of the Internet. Yen Wants to See Change in the Crypto Space In a recent interview, he gave his thoughts on bitcoin, crypto, and what traders can expect in terms of legislation and what the space will hold. In the past, Yen has gone on record about being a bitcoin and crypto supporter. Right now, bitcoin is only accepted as a form of...

FTX is likely to go down as one of the biggest embarrassments in the history of crypto. More than that, as additional layers get stripped away to reveal what happened, one can’t help but put a few pieces of the puzzle together and be horrified by the final image. Was the FTX Collapse Part of Something Bigger? This may sound like something of a conspiracy theory, yet when one really considers everything and puts multiple ideas in place, one can find a thread of common...

The FTX collapse is going to go down as one of the biggest flops to ever occur in crypto. The event has caused several politicians to enter the regulatory call factory, one of which is Joe Biden. Joe Biden Wants the Crypto Space Regulated Thinking he can somehow make a difference, Biden recently voiced support for newfound digital currency regulation to ensure that what happened with FTX never happens again. Biden initially sought to get the ball rolling on such a...

Treasury Secretary Janet Yellen – who despite being a renowned economist couldn’t predict that the U.S. was headed for its worst inflationary period in over 40 years – has stated that the fall of the FTX exchange is exactly why the country needs to focus on crypto regulation. Janet Yellen Discusses Crypto Regulation In a recent interview, Yellen mentioned: The recent failure of a major cryptocurrency exchange and the unfortunate impact that has resulted for holders and...

Nearly half a billion dollars has been taken out of the now failed FTX exchange, and nobody really seems to know where the money went. Money Is Missing from FTX Spokespeople for the crypto exchange claim that “unauthorized transactions” are what caused the money to disappear, and it is being said that the company might have been hacked and the money stolen. The question is, “By who?” At the time of writing, the company has moved whatever funds it still had into cold...

With FTX filing bankruptcy and Sam Bankman-Fried now leaving the throes of his once-great company, Congress and the elites in Washington are once again turning up the volume on their arguments for regulating the crypto space. Congress Is Coming After FTX There have been far too many accidents this year in the world of crypto. With companies like Celsius suddenly halting withdrawals and then filing for bankruptcy and assets like the Terra Luna (allegedly) stable coin crashing to the ground,...

Vitalik Buterin – the man behind Ethereum, the world’s second largest digital currency by market cap and the number one competitor to BTC – has announced that he doesn’t think right now is the best time for a crypto-based ETF (exchange-traded fund). Vitalik Buterin: It’s Not the Time for a Crypto ETF To be fair, such a product already exists. It was introduced by Pro Shares during autumn of last year, and it stirred heavy controversy by being based on futures technology rather than actual...

Over the years, we’ve often discussed the implications of crypto regulation. The topic continues to be brought up as fraudulent activity within the crypto space grows at unprecedented rates. Why Regulation Is Always Talked About To this day, there are many out there that claim regulation is wrong for crypto. Despite the expansion of illicit activity, they don’t want regulation to take form as it could make the crypto space more like the traditional banking space, and the...

The U.S. Treasury has warned that unregulated cryptocurrencies could come back to haunt the United States and its financial workings. The Treasury Is Terrified of Crypto The Treasury has been engaged in digital currency research for some time given that back in March, Joe Biden issued a crypto executive order calling for all financial agencies within the United States to examine and explore the risks and alleged advantages associated with digital currency assets. The...

Jim Messina – a former advisor to President Barack Obama – has been making a real name for himself in the world of digital currencies. As his former deputy chief of staff, he is now a heavy crypto lobbyer who’s looking to instill certain guidance and regulations for digital currency exchanges stationed throughout London and the United Kingdom. Jim Messina Brings Crypto and Politics Together Messina is presently a political operative working on the board of...