The immediate cancellation follows substantial community opposition to the demand of a face recognition scan in order to earn the deposit incentive.
A Subcommittee chairman reached out to the CEO of Binance US and asked for a number of documents. This was done to help review the steps taken to protect investors.
Legislative initiatives could help a code-first approach to consumer privacy.
The enforcement agency identified smart contracts managing DeFi platforms as a specific source of worry.
According to Umar Farooq of JPMorgan, neither use cases nor regulation have really materialized.
The likelihood that the NFT bubble will burst is also rising due to an ongoing debt issue at the lending platform BendDAO.
In order to safeguard investors, Dubai's new Virtual Asset Regulatory Authority demands more clarity and transparency from industry marketers and promoters.
Meme stocks aren't going anywhere. That might not be so good.
Rehn asserted that 'an economy dominated by digital payments but lacking a solid monetary base would be fundamentally unstable.'
Shopify and Coinbase Ventures participated in the $24 million Series A round as additional investors.