Today news
About the same in other media
Cardano: Here’s Hoskinson’s 3-rule solution for crypto-clarity in regulations
Reading now: 343
ambcrypto.comU.S lawmakers are divided after President Biden signed the controversial Infrastructure bill a day back. The legislation, one that contains crypto-tax provisions, will “stifle innovation” in the industry, according to Senator Ted Cruz.
Meanwhile, industry players like Coinbase and Ripple have been introducing proposals as suggestions for some regulatory clarity.
In this context, Cardano Founder Charles Hoskinson opined in a recent interview that U.S lawmakers need to introduce these three changes within its framework. He said,
“So first off, the U.S needs to move to a functional regulation system, instead of a definitional system.”
He essentially meant that regulators need to look beyond the definitions of “security, commodity, and currency.”
Read more on ambcrypto.comAbout this in other media
Next German Government Calls For Crypto Regulation, Blockchain Investments cryptonews.com /2 years ago
South Korean Draft Law Calls for Life Sentences for Crypto Market Manipulators cryptonews.com /2 years ago
FCA goes to tender for cryptoassets forensics provider finextra.com /2 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
