Complying with regulators could mean the difference between going mainstream and remaining forever on the margins of the global financial system. What’s going on here? One of the biggest knocks against cryptocurrency has always been its status as a refuge for tech-savvy criminals. The image persists, in part because some crypto firms have evaded regulators by…
Tag: cryptocurrency
Ep 31: Ad Libra
What’s Going On Here? After six months of anticipation, Facebook finally spilled the beans on its forthcoming Libra “cryptocurrency”. What Does This Mean? Facebook (inspired by the success of Chinese giants like WeChat), wants to create a global financial network – but with its own brand-new currency. Libra is scheduled for launch in 2020 via a new subsidiary and app…
Ep 12: The crypto rebellion
What’s going on here? The history: American history is filled with rebellion against dominating government: Tax-weary colonists throwing tea into Boston harbor; or The Reagan Revolution where voters demanded a rest from regulation in 1981. Today: Leading figures in the cryptocurrency industry are at a breaking point of their own, issuing a collective protest against the…
with HT 