Legislation to establish a regulatory framework for digital tokens has been thrown into turmoil — by one of its biggest champions.
Category: Circle Internet Financial Inc
-
Crypto’s $4 Trillion Moment
A legislative win in Congress, and the promise of more to come, has helped lift the prospects and the wealth of the cryptocurrency industry.
-
Has Bitcoin Benefited From the Banking Crisis? Not in the Way Its Fans Hoped.
The New York Times – Business:Bitcoin’s price has soared since banks failed this month, but there’s little evidence that the surge is being driven by investors treating the virtual currency as a financial alternative.
-
Silicon Valley Bank Collapse Sets Off Blame Game Between Crypto and Tech
The New York Times – Business:The implosion of the Silicon Valley bank led to finger-pointing, as executives and investors jumped on the crisis for their own messaging.
-
Why Lawmakers Aren’t Rushing to Police A.I.
The New York Times – Business:Artificial intelligence tools are proliferating throughout society, and getting more powerful. Washington has failed to keep pace.