Bitcoin has lost 60 percent of its value after peaking in November 2021. The FTX crypto exchange spectacularly collapsed last November, vaporizing billions of dollars in clients’ holdings. The U.S. is suing exchanges Binance and Coinbase.
Category: TRENDS IN CRYPTOS – Jun 13 2023
Call it more Chokepoint, or crippling “regulation by enforcement”, but the Securities and Exchange Commision (SEC) suing Binance and Coinbase in the space of two days galvanized crypto supporters and Congress last week.
It’s all about decentralization and putting users in control of their data and assets. That’s how Ryan Wyatt of Polygon Labs explained the fundamental importance of blockchain technologies to members of Congress this past week.