Although President Trump is still contesting the U.S. election, Joe Biden is moving forward with onboarding Gary Gensler, a crypto-savvy, former Wall Street veteran, as the head of the financial policy transition team. Find out how Gensler may influence the crypto sector and what his current opinions are on crypto.
For years, many in the crypto community feared regulation would flatten development and innovation. But with the SEC’s new plans, investors have good reason to love crypto’s potential future. Here’s more on Chairman Jay Clayton’s approach to foster innovation in the crypto sector.
After being capriciously dumped by Bank of America, Roelof Botha took to Twitter to express outrage with his bank of 20 years. Yet in an ironic twist of fate, onlookers pointed out that he highlighted an issue inherent to the legacy banking system – which includes his former employer, PayPal – that crypto solves. See what that is here.
Social and financial downturn has pushed Venezuela’s back against the wall. With sanctions holding back any meaningful progress for its citizens, the country has turned to digital assets as a safe haven, and to strengthen its global buying power.
For the past few years, Venezuela has been at the epicenter of corruption. With the value of the local currency inflating to astronomical levels, the people of Venezuela have been desperately trying to find a way to make ends meet. Amongst all the dismay, a savior has risen to attempt to bring back peace to the once flourishing nation. Find out more here.
For years, crypto advocates have predicted that tokens would one day replace fiat currencies. That potential future is now reality, as a tiny island nation in the Pacific has announced bold plans to use a new stablecoin as their primary form of currency. Find out why they’re making that move here.