Bermuda Government Open to Working with Virtual Asset Service Providers
During a meeting with the Global Blockchain Business Council (GBBC) in Washington, Bermuda's Prime Minister and Minister of Finance, Edward Burt, announced that the government is open to collaborating with virtual asset service providers (VASPs), despite the collapse of several crypto companies in t ...
SEC Chairman Gensler calls for $2.4B to Prosecute Unregistered Crypto Companies
Gary Gensler, the chairman of the US Securities and Exchange Commission (SEC), has urged the government to provide the agency with $2.4 billion in funding to help tackle the rise of unregistered crypto companies. Addressing the House Financial Services Subcommittee, Gensler explained that the all ...
Goldman Sachs remains committed to blockchain despite layoffs
Goldman Sachs is paving the way for the future of blockchain technology, according to Matthew McDermott, the head of digital assets at the bank. Despite a recent downsizing that saw approximately 3,200 employees let go, the institution remains committed to exploring the possibilities of blockchai ...