Blockchain Privacy Shouldn’t Automatically Raise Red Flags—SEC Chair
Crypto executives pushed the US Securities and Exchange Commission on Monday to reconsider its approach to blockchain privacy, arguing that not all users of these tools are criminals. Related Reading: Crypto Wallets Targeted In JavaScript Library Exploit—Cybersecurity Firm The meeting, the SEC’s sixth crypto-focused roundtable this year, drew sharp exchanges between regulators and industry representatives […]
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The 16th chair of the Federal Reserve, Jerome Powell said that America’s “inflation is much too high” on Monday, and he further explained that the U.S. central bank is willing to raise rates more aggressively. Off the heels of the first benchmark interest rate increase since 2018, Powell stressed that the Fed will “take the necessary steps” to ensure price stability is feasible. The Fed chair further said raising the federal funds rate by “more than 25 basis points” may be appropriate.
Powell Envisions ‘Raising the Federal Funds....
After his most recent stint teaching about blockchain at MIT, former CFTC head Gary Gensler is reportedly the next SEC Chair.
"There’s no reason to treat the crypto market differently just because different technology is used," said Gary Gensler. Gary Gensler, chair of the United States Securities and Exchange Commission, said the agency’s protections that apply to investors of traditional assets should extend to those in the crypto market.In prepared remarks released Monday for the Penn Law Capital Markets Association Annual Conference, Gensler said he had requested SEC staff to explore getting crypto platforms registered, having them subject to the same regulatory framework as exchanges. In addition, the SEC....
If there is anything the internet loves these days, it’s privacy. From the boom in VPN use to anonymous accounts and encrypted websites, maintaining privacy is certainly appealing to the average internet user. This interest in privacy has also coincided with the rise in blockchain technology, a concept that thrives on the idea of privacy. […]
The Ethereum Foundation’s Privacy & Scaling Explorations (PSE) team has unveiled a new roadmap that approaches privacy as the core component of Ethereum’s future. Rebranded as the “Privacy Stewards of Ethereum”, the group stressed that enforcing an extensive privacy feature is a fundamental requirement for the blockchain network, citing an increase in global recognition. Related […]