SEC Chairman Draws Dividing Line Between Bitcoin, Crypto in Aspen Speech
Incoming SEC Chairman Gary Gensler issued new comments about Bitcoin Tuesday, at times drawing a dividing line between the market’s largest cryptocurrency and imitators.In a speech at the Aspen Security Forum Tuesday, incoming SEC Chairman Gary Gensler issued new comments about Bitcoin, at times drawing a dividing line between the market’s largest cryptocurrency and its wide field of imitators.Of note is that Gensler took pains to establish credibility with the Bitcoin sector, recounting the history of the cypherpunk mailing list, citing Satoshi Nakamoto’s email announcing the project....
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The U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler hinted at the possibility of finally approving a Bitcoin Exchange Traded Fund (ETF) at a speech during the Aspen Security Summit. An ETF has been one of the “Holy Grails” for the crypto market and, similar to the legendary object, many have pursuit it with […]
Brian Behlendorf has made a living out of helping others play well together — and his work with blockchain group Hyperledger builds on this expertise. But before that can happen with this latest open-source project, the founder of the Apache Software Foundation set out to make sure that the more than 80 existing members of Hyperledger know what they've signed up for. In a blog post he published last week entitled "Meet Hyperledger: An 'Umbrella,' for Open Source Blockchain & Smart Contract Technologies," Behlendorf laid out in explicit terms Hyperledger's mission and the....
A Jerome Powell speech on central bank digital currencies (CBDC) was enough to decouple Bitcoin from traditional asset markets. The benchmark cryptocurrency surged above $11,800 in the hours leading up to the Federal Reserve chairman’s cautious remarks on CBDCs at a panel organized by the International Monetary Fund. At 0900 ET Monday, BTC/USD underwent a speculative jump from $11,523 to $11,650. One hour later, when Mr. Powell started his speech, the pair rested. The next […]
Greg Medcraft, Chairman, Australian Securities and Investments Commission (ASIC) in a speech at Carnegie Mellon University underlined the importance of blockchain and how they can transform the capital market. In the speech, he cited four main points that he said, proved that blockchain has the capacity to help transform the capital market. Continuing in the same vein, the Chairman said that blockchain stands for efficiency and speed and has in it the potential to automate the financial system which will cut down the time duration that is needed for transactions. Secondly, he mentioned....
Financial commerce, the exchange of money and currency, is indistinguishable from speech. Therefore, it deserves the exact same respect and "freedom of speech" protections afforded to the utterances of the street-corner preacher, the independent journalist, the newspaper publisher, the internet blogger and so on. Financial commerce is speech, and should be free. "Freedom of Speech" by xoxolaxbabexoxo at deviantart. Despite all of the "freedom of speech" and "free speech" talk we hear, speech today is anything but free. This ranges from what you can and can't say in public or in print or on....