Tag: USA

American regulators’ attitude to cryptocurrencies seems to swing back-and-forth like a pendulum. One minute they wish (and act) to ban everything crypto-related as competition to fiat money, the second – they “let go of the reins”. The current swing is towards strengthening government control.   The latest US infrastructure bill introduces the broadest possible characterization…

American regulators’ attitude to cryptocurrencies seems to swing back-and-forth like a pendulum. One minute they wish (and act) to ban everything crypto-related as competition to fiat money, the second – they “let go of the reins”. The current swing is towards strengthening government control. In a now typical for the US move, the signal initially…

The “Big Chinese Offensive” on cryptocurrencies has led to a colossal outflow of crypto holders’ funds to decentralized crypto exchanges and DeFi projects, as well as over-the-counter platforms. Now centralized cryptocurrency exchanges are looking for a fitting answer to this challenge. Centralized cryptocurrency exchanges (CEX), having felt a threat to their market dominance, are rapidly…

Decentralized crypto exchanges received a powerful impetus for development amid the crackdown on cryptocurrencies in China and the overall growth of the DeFi sector. Now the main goal for them is to survive the increased attention from hackers and government regulators. Which of those is worse remains to be seen. In the wake of the…

The financial world is rapidly getting rebuilt using blockchain. China is ahead of its geopolitical rivals, having already adopted the digital yuan; and both businesses and private investors are putting billions in crypto and DeFi with zero central bank regulations. In these conditions, the Fed and the ECB are forced to accelerate. I confess that…

The crypto community, like any other large community, has its own myths and legends. Among them is the opinion that the American dollar will soon lose its significance and depreciate due to the crippling inflation, and then the crypto will become the main world currency. Let’s dispel this illusion. In the spring of 2020, at…