• Andrew Yang withdraws democratic primary
    Cryptocurrencies,  Politics

    Andrew Yang, crypto’s favorite son, ends his presidential run

    The blockchain enthusiast withdrew from the presidential primary after poor showings in Iowa and New Hampshire

    “I am the math guy,” Yang said, “and it is clear tonight from these numbers that we are not going to win this race.” His presidential platform was the first to incorporate formal policies on cryptocurrencies and blockchain technology.

  • Andrew Yang Iowa Democratic caucus blockchain voting
    Politics,  Technology

    Iowa primary debacle could boost blockchain-based voting

    The first Democratic presidential primary fell flat after reporting problems that might have been avoided with blockchain balloting

    A disastrous switchover to an unready-for-primetime app for reporting vote tallies left Iowa's critical, first-in-the-nation caucus results completely unknown amid claims of unspecified “inconsistencies” and chaos.

  • Mastercard CEO Ajay Banga Facebook Libra
    Alt coins,  Politics,  Regulation

    Mastercard’s chief tosses Facebook’s Libra under the bus

    The credit card firm’s CEO, Ajay Banga, said compliance concerns were the reason he pulled out of Facebook’s stablecoin project

    Mastercard CEO Ajay Banga told the Financial Times on Monday that important members of the Libra Association wouldn’t give a firm commitment to follow local laws in all circumstances, including know your client (KYC) and anti-money laundering (AML) regulations.

  • Bison Trails' Aaron Henshaw and Joe Lallouz (Photo: Bison Trails).
    Ethereum,  Politics,  Technology

    Joe Lallouz sees proof of stake becoming dominant

    Bison Trails and Coinbase Custody join the Proof of Stake Alliance, seeking to educate regulators on how staking is superior to mining

    Blockchain infrastructure firm Bison Trails and cryptocurrency storage provider Coinbase Custody announced on Jan. 30 that they have joined the Proof of Stake Alliance to support what one CEO called “the next wave of blockchain technology.