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Crypto advocacy group criticizes UK Treasury Committee recommendation to regulate crypto like gambling

A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits. дальше »

2023-5-17 13:30


SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption

Sam Bankman-Fried (SBF), the CEO and founder of leading crypto exchange FTX,  said in a recent interview with the Financial Times that he does not think Bitcoin has a future as a payment network.  SBF continued that the environmental impact of Bitcoin mining, alongside the fact that the coin is “inefficient,” would count against it […] The post SBF does not see Bitcoin becoming a payment network, lampoons its energy consumption appeared first on CryptoSlate. дальше »

2022-5-16 18:40