Some of the key areas of blockchain development include manufacturing, energy, government data sharing and services, law enforcement, taxation, criminal trials, inspection, and cross-border finance.
According to Coin Center director, the proposed bill would essentially bypass existing checks and balances on the Treasury Secretary’s authority in surveilling financial institutions, including crypto firms.
A seemingly daring choice given choppy markets, Christophe De Beukelaer, Brussels deputy cdH, decided to convert all of his deputy salary into Bitcoin.
The European Commission has published a proposal outlining a European DNS service that could, in the worst case, deny EU citizens from using crypto services. The proposal proposes to protect the privacy of end-users and filter malicious content.
The SEC’s main concern reportedly lies with the high-yield offering by crypto lending services, which are often considerably higher than most savings banks.