In a recent podcast interview, Grayscale Investments CEO Michael Sonnenshein stated that he “can’t imagine” why the United States Securities and Exchange Commission (SEC) “wouldn’t want” to protect Grayscale investors and return the true asset value to them. Sonnenshein stated on...
Most people haven’t given much thought to what Kristin Smith predicts will be the year’s “biggest regulatory item.” The Blockchain Association’s executive director was referring to the $1.2 trillion bipartisan infrastructure plan signed into law by President Joe Biden on November...
Bank Indonesia, Indonesia’s central banking regulator, has announced the start of a consultation process for Project Garuda, its central bank digital currency (CBDC) initiative. According to a report in the local news publication Tempo, Bank Indonesia’s consultative process is intended to...
The Value of Crypto RegulationCryptocurrency operates in a largely unregulated environment, which has resulted in a number of issues. There have been reports of exchanges being hacked, resulting in the loss of millions of dollars in cryptocurrency. There have also been...
CoinTracker, a virtual currency tax and portfolio tracker, has announced a new round of layoffs, affecting 19 employees. The elimination of 19 positions results in a 20% reduction in staff strength. The firm blamed the contract terminations on unfavorable conditions caused...