Ex-Google Chairman Believes ETH Has Massive Potential

The former chairman of Google and billionaire Eric Schmidt is an enthusiast of Bitcoin and blockchain technology. He has now spoken out regarding his opinion on Ethereum, saying that it was a powerful platform whose untapped potential is off the charts. The former chairman of the search engine giant made his comments during a live…

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Goldman Sachs Memo Reveals Further Leadership Changes

Goldman Sachs has made another big change to its leadership team ahead of David Solomon, the incoming Chief Executive Officer, coming in to take charge of the multinational investment bank.   According to an internal memo seen by Reuters, Tim O’Neill has been named as vice-chairman. O’Neil has been with Goldman Sachs since 1985. Five…

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CFTC Chairman Urges 'Do No Harm' Approach To Cryptocurrency Regulation

Comparing the development of cryptocurrencies to that of the Internet, the Chairman of the U.S. Commodity Futures Trading Commission (CFTC) J. Christopher Giancarlo holds that regulators need to avoid inhibiting the innovation technology brings. Tolerant but Cautious Speaking to CNBC at the Singapore Summit September 14, CFTC Chairman J. Christopher Giancarlo shared his thoughts on…

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US Fed Chairman Maintains Cryptos Don't Have Intrinsic Value

On Wednesday morning, the U.S. Congress held a hearing regarding cryptocurrencies, hearing mixed opinions from regulators and representatives of the U.S. government. Federal Reserve Chairman: Cryptos Aren’t A Store of Value Or A Payment Tool Jerome Powell, the chairman of the U.S. Federal Reserve (Fed), presented his thoughts about the current state of the crypto market…

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Regulations Round-Up: CFTC Rejects FOIA Request, SEC Not Modifying Securities Laws

In recent regulatory news, the United States Commodity Futures Trading Commission (CFTC) has rejected a Freedom of Information Act (FOIA) request regarding the subpoenas recently received by Bitfinex and Tether; the United States Securities and Exchanges (SEC) Chairman, Jay Clayton, has indicated that the regulator will not alter existing securities legislation to cater to cryptocurrencies….

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Chairman Mao Impersonation at Chinese Blockchain Event Draws Criticism

The 2018 Boao Asia Blockchain conference threw up an unlikely spot of controversy with a promotional stunt using an impersonator of ex-PM Mao Zedong that blew up into a significant social media storm. Blockchain Stunt Goes Viral Held in the village of Bo’ao in Southern China on May 28, 2018, the conference attracted the usual…

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