U. S. Regulators Battle Bitcoin Businesses for Control
When you are a government as large, powerful, and desperate as the one that controls the United States, things many of us take for granted like freedom, ethics, and privacy can be easily crushed underfoot in an ongoing quest for control. Freedom and control are strange bedfellows, and rarely the two shall meet. Governments are all about control: control of their populace. Recently, the U. S. government has created many arms of regulatory government to gain more control of an evermore complicated world and its citizens. We'll leave their military exploits to another time and place for....
Related News
PRESS RELEASE. Have you ever fantasized about of traveling to an endless cosmos to face off against cosmic warriors for control of the universe’s ultimate power? With NoVa Battle, you can get the chance to live your wildest dreams out of your mobile device. So, what exactly is NoVa Battle? And what makes it so different from other MOBA mobile games based on Blockchain technology? Keep reading to find out! What is NoVa Battles? NoVa Battles is a Play-to-Earn (P2E) mobile multiplayer online battle arena (MOBA) game built with the primary focus on blockchain technology. The first....
Robert Ellison noted that a regulatory framework for staking is achievable because the concept is very easy to understand. Cointelegraph's managing editor Alex Cohen interviewed Figment's staking marketing director Robert Ellison at the European Blockchain Convention (EBC) 2022. The duo discussed topics like educating regulators on blockchain and crypto, how businesses navigate uncertain regulatory landscapes and regulating staking. According to Ellision, it's very important to educate regulators in the space to mitigate the risks of them going overboard without understanding the basics.....
The long-lasting legal battle between co-founders of China-based Bitmain seems to have seen the light at the end of the tunnel after both parties agreed to reach an agreement. Legal Tussle Between Bitmain Co-Founders Reportedly Ended With a $600 Million Compensation for Jihan Wu According to Chinese media outlets, citing local crypto journalist Colin Wu, Jihan Wu and Micree Zhan reportedly agreed to arrange a $600 million compensation in favor of Jihan Wu, while Zhan will retain the control of the mining hardware manufacturer company operations. However, as part of the settlement, Zhan....
According to the proposed 17th July bitcoin regulation from New York State, the public now has 45 days to comment and then a 45-day grace period prior to full adoption. But what's after 17th October? More importantly, what's after New York? The poor regulators are in a quandary. It's hard not to be sympathetic sometimes. They are practically in a no-win situation, because regulators must use their tools to regulate, but the more they do, the more they inadvertently encourage market-based responses. With the New York framework for bitcoin businesses, financial regulators need to demonstrate....
Elon Musk has once again hit back at U.S. regulators coming for crypto. Talking at the Code Conference which concluded Wednesday, Musk gave his opinions on the current regulatory battle being waged between the United States government and the crypto space. The CEO said that regulators should not try to regulate the crypto market, and […]