The SEC Chairman said that the regulator needs to work with Congress to plug the gaps in investor protection and crypto exchange regulations.
The billionaire said that he’s trying to understand the crypto market as a whole as see it as an alternative investment to the rising inflation in the economy.
The Layer 2 Ethereum scaling solutions offers promising uses cases solving some of the crucial problems of slow network speed and high transaction fee.
Billionaire Elon Musk meets executives from top crypto mining companies in North America for having transparent and sustainable mining solutions.
Under a special amendment of the civil code, Russian might reintroduce crypto payments as form of a contractual medium.
The Fed Chairman said that the paper will include all aspects including security, financial stability, and functioning of the CBDC and how it fits within America’s payments systems.
The crypto market has almost recovered all its Wednesday’s market crash losses and is eyeing a move above $2 trillion in short time.
Calling cryptocurrencies as highly speculative assets the Chinese regulators banned all local banks and financial institutions from doing any crypto-related business.
Cardano’s ADA has been among the top-performing altcoins this year registering over 1200% gains since the beginning of 2021.
Tesla chief Elon Musk also said that he has been working with Dogecoin developers to improve the system efficiency and suggested that DOGE is better than BTC in transactions throughput.