No technology can exist in a vacuum absent of agendas. After all, technology itself is driven by agendas, from striving to achieve greater comfort and production efficiency to conquest and control.
In a bid to carry out their agendas, crypto firms have turned to lobbying. Citing statistics from the Federal Electoral Commission (FEC), news platform Roll Call reported that fintech firms spent $42 million as lobbying expenses in Q1 in 2019 alone.
With spot bitcoin ETF aspirations sidelined after the SEC yesterday pushed off decisions on a raft of new applications, crypto bulls are hoping an employment slowdown and lower interest rates could provide a positive catalyst.
In an opinion piece in The Wall Street Journal, Brian Brooks and Charles Calomiris claim that U.S. stablecoin legislation is crucial to redollarizing the world.
A recent report from the Global Financial Markets Association (GFMA) suggests that traditional markets could save more than $100 billion per year by implementing distributed ledger technology (DLT).