• Yellen confirmed Treasury Secretary
    Cryptocurrencies,  People,  Politics,  Regulation

    Janet Yellen confirmed as Treasury Secretary

    While her top financial regulators have strong pro-crypto backgrounds, Quantum Economics’ Mati Greenspan fears that Yellen’s collaboration with international regulators could ‘have very harsh consequences for all of crypto’

    Last week, Yellen calmed some fears that arose after she said in her Jan. 21 testimony before the Senate Finance Committee that she wanted to “curtail” the “malign activities” that for which digital assets have been used.

  • ConsenSys partners China BSN
    Technology

    ConsenSys snags key partnership with China’s national blockchain project

    The deal between the Ethereum development firm and the government-controlled Blockchain-based Service Network puts Quorum front and center with Chinese DApp developers

    Five months after ConsenSys acquired the Quorum blockchain from creator JPMorgan bank, the Brooklyn-based Ethereum development firm has announced a major coup: a partnership with China’s national blockchain project.

  • crypto-savvy regulators
    Cryptocurrencies,  People,  Regulation

    Bitcoin’s hat trick: Crypto-savvy leaders coming to all three U.S. regulators

    With the Gary Gensler at the SEC, Chris Brummer at the CFTC, and Michael Barr at the OCC, the cryptocurrency industry will face regulators who understand it

    The third week of the year will very likely prove to be its most significant for cryptocurrency innovators and investors. Crypto scored a hat trick with news that President Joe Biden’s three top financial regulators—the chairmen of the Securities and Exchange Commission and the Commodity Futures Trading Commission, and the bank-overseeing Comptroller of the Currency—will all be intimately familiar with the cryptocurrency and blockchain business.

  • Chris Brummer to head CFTC
    Cryptocurrencies,  Regulation

    DC Fintech Week head Chris Brummer to head CFTC: Report

    The Georgetown Law professor would be the third Biden Administration nominee to a major financial regulator position with a deep knowledge of cryptocurrencies

    A crypto-trifecta could be coming home if reports that President Joe Biden plans to nominate Chris Brummer, a Georgetown University Law School professor, as chairman of the Commodity Futures Trading Commission are true.