Associate law professor and member of the Securities and Exchange Commission’s Investor Advisory Committee J.W. Verret is calling for the government agency to open for public comment in regards to…
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Open Banking Series: What Data Do Banks and FinTechs Share?
…negotiations? The main challenges probably are security and consumer trust. Most companies that are championing open banking are FinTech companies that don’t have homogenous technical standards, which combined with complex…
Trillion-dollar crypto collapse sparks flurry of US lawsuits โ whoโs to blame?
…In 2018, Gary Gensler, former chair of the Commodity Futures Trading Commission, said bitcoin’s biggest rival, Ethereum, would pass the Howey test and that most cryptocurrencies should register as securities…
Building A Better Blockchain
An international company headed by a USC Viterbi alumnus has made a gift to and partnered with two distinguished research centers at the USC Viterbi School of Engineering to support…
CMA unveils recommendations for future of Open Banking
The Competition and Markets Authority (CMA) has announced a new committee – the Joint Regulatory Oversight Committee (JROC) – to oversee the continued rollout of Open Banking in the UK,…
Despite Crackdown on Trading, Crypto and Blockchain in China Are Alive
…emphasis on the magnitude of JD.com’s operations in China, Bluzelle CEO Pavel Bains wrote: JD.com is China’s largest retailer, online or offline, and the world’s third-largest internet company by revenue….
Blockchain laws tend to be hasty, unnecessary, and extremely thirsty
…very complicated environment for companies like ours,” he said. “I have mixed feelings about it.” Coin Center, a Washington, DC-based think tank, tracks state guidance around money transmitter laws, which…
The Promise of Blockchain in Mega Sport Events
…that stores encrypted blocks of transaction data securely chained together in chronological order. Unlike other ledgers or databases, blockchain combines unique security features based on cryptographic techniques and its chronological…
After a stressful election, experts warn blockchain is not the answer
…midterm election. “If you’re trying to convince Walmart it needs blockchains to track avocados or whatever, be our guest,” Arvind Narayanan, an associate professor of computer science at Princeton, tweeted….
Is Your Company Mining Cryptocurrency for Hackers?
…affected, including Britain’s Information Commissioner’s Office, U.S. courts, and numerous academic websites. 6. Website servers. Hackers have discovered that website hosting servers make great coin miners. The number of websites…