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“Overattributing cybercrime to cryptocurrency misses critical causes and preventive measures which can be taken,” said former FinCEN acting director Michael Mosier.
A New Hampshire bill would commit the state to a new UCC section before finalization to show its commitment to the blockchain industry.
Head of international policy at Chainalysis explains why crypto is not a silver bullet for evading international sanctions.
"We will not compete against China — an authoritarian dictatorship — by also acting like an authoritarian dictatorship," said Jake Chervinsky.
A flurry of research and reporting is the first step toward a coherent crypto policy, while action remains months or years in the future.
“We are witnessing a drive to make financial risk a tawdry political issue," said Sarah Bloom Raskin.
The commissioner, whose exit will leave a second vacancy at the administration, said she will remain on the job until a successor can take office.
Cryptocurrency companies have impressive advertising budgets this year, but industry experts have differing opinions when it comes to marketing crypto.
Musk acknowledged that assets that are predominantly scarce — such as physical property and company stocks — help investors in maintaining their purchasing power against high inflations.
"The use of cryptoassets to circumvent economic sanctions is a criminal offence,” said U.K. regulators.