For the past three months China has been caught in a crypto-storm, with those operating within the crypto-industry struggling to keep their heads above the water in a sea of uncertainty. Last week, the notion of ‘blockchain not bitcoin’ resurfaced as the financial regulator in the city of Weihai warned investors to differentiate between blockchain and bitcoin. China’s position on crypto seems clear but, when reviewing all that has occurred since October, may there just be a light at the end of the storm? A Good Forecast On the 24th of October, President Xi Jinping, spoke at the eighteenth collective…
Autor: Stephan Eduard Pàl Roth
Weiterlesen
On the 14th of November, democratic presidential candidate Andrew Yang, posted his future plans for the regulation of crypto markets. Yang’s avant-garde approach to technology and automation has been lauded by many within the tech-community. Andrew Yang (born January 13, 1975) is an American entrepreneur, philanthropist, lawyer, and 2020 Democratic presidential candidate. He is the founder of Venture for America (VFA), a nonprofit organization that focuses on creating jobs in struggling American cities. Is technophile Andrew Yang the perfect man for the crypto industry? However, for the Satoshi Nakamotos of this world, news of regulation coupled with Yang’s signature policy, universal basic income (UBI), has stirred…