Cryptocurrency companies realize they can’t fight the government forever

June 7, 2018 Neer Varshney


There has been a persistent cat and mouse chase between regulatory bodies and cryptocurrency businesses pretty much since the inception of the industry. But despite some initial reluctance, crypto-companies are slowly starting to show more interest in working with governments. In the US particularly, the cryptocurrency businesses are gradually starting to align themselves with regulatory bodies. Two of the largest cryptocurrency businesses in the US, Coinbase and Circle, recently announced plans to launch licensed cryptocurrency securities trading. The Goldman Sachs-backed Circle announced plans to seek a federal banking license in an effort to increase the services it provides, in an…

This story continues at The Next Web

Previous Article
Lyft’s new app focuses on carpooling and public transport
Lyft’s new app focuses on carpooling and public transport

Lyft today announced it’s redesigning its rider app to put more emphasis on sharing your ride — and to remi...

Next Article
Researchers are using AI to save indigenous languages from extinction
Researchers are using AI to save indigenous languages from extinction

43 percent of all spoken languages in the world are endangered and every 14 days another language dies. Tha...