The spooks may seem like unlikely friends of Bitcoin, but former CIA acting director Michael Morell concluded in an independent report published by the Crypto Council for Innovation that money launderers are less likely to use the digital currency than many think. (The Logic)
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The spooks may seem like unlikely friends of Bitcoin, but former CIA acting director Michael Morell concluded in an independent report published by the Crypto Council for Innovation that money launderers are less likely to use the digital currency than many think. (The Logic)
Talking point: The cryptocurrency sector now represents big, serious money, as evidenced by Coinbase’s expected US$100-billion direct listing scheduled for tomorrow. As the regulatory system struggles to bring itself up to date with a new, cutting-edge technology that’s designed to be difficult to regulate, the industry is putting some of that big, serious money into making its agenda heard. The Crypto Council for Innovation’s founding members are Fidelity Digital Assets, Square, Coinbase and San Francisco-based crypto-investment firm Paradigm, and it has its eye on influencing regulations worldwide.
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