Regulatory Climate – DIGIT INFO

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

DIGIT — Sat, 28 Jan 2023 07:30:41 +0000

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited a “shift in the regulatory climate” and “industry-wide capitulations” as reasons for the layoffs. Matrixport Lays Off 10% of Staff as Crypto Winter Continues Jihan […]

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Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon

DIGIT — Wed, 25 Jan 2023 05:30:06 +0000

You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly a better solution for protecting the interests of customers in crypto. Regulation alone […]

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Dithering U.S. Regulators Risk Causing a Brain Drain to Friendlier Crypto Climes

DIGIT — Tue, 28 May 2019 21:48:57 +0000

Cryptocurrency companies in the United States aren’t happy. Token issuers, exchanges, and VCs are up in arms about vague and contradictory guidance on crypto asset regulation. Should the U.S. fail to update its archaic securities laws, they warn, there is a risk of top talent making an exodus to friendlier crypto climes. Also read: Countries […]

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