Bitcoin, Coinbase, Regulation, Crypto, Peer-To-Peer, İntermediaries, Brokers, Banking, Financial Investment Services, Securities/Commodity Exchange Activities

Bitcoin, Coinbase

Opinion | Coinbase CEO: We Need a New Approach to Regulating Crypto

Clear rules would benefit the public, and my company doesn’t seek to be the industry’s gatekeeper.

10/16/2021 2:15:00 PM

From WSJopinion: Our existing financial regulatory system doesn’t work effectively for the open, decentralized networks that crypto has created, writes Coinbase CEO brian_armstrong

Clear rules would benefit the public, and my company doesn’t seek to be the industry’s gatekeeper.

ByBrian ArmstrongOct. 14, 2021 12:47 pm ETThe crypto era began 13 years ago with the publication of Satoshi Nakamoto’s seminal paper,“Bitcoin: A Peer-to-Peer Electronic Cash System.” Two years later, the first commercial bitcoin transaction took place when someone bought two pizzas for 10,000 bitcoin, roughly $571 million today. Today, more than $6 billion in bitcoin transactions happen every day and tens of millions of Americans own some form of crypto currency.

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Crypto can bring millions of people into the economic system through immediate, nondiscriminatory access to services. It adds renewed transparency to our financial system through blockchain technology and challenges undemocratic political regimes, which can seize bank accounts and close businesses. It lets people avoid high currency-exchange fees and barriers to remittance flows.

Read more: The Wall Street Journal »

U.S. labor board official orders Amazon to redo union vote at Alabama warehouse

A regional director for the U.S. National Labor Relations Board on Monday called for a rerun of a union election at an Inc facility in Alabama, setting the stage for another high-profile organizing battle at the world's largest online retailer.

opinion brian_armstrong I think the play here is to bait regulators into regulating, vs banning cryptocurrency. It will be very hard to do either if the crypto is sufficiently decentralized, but still, a ban on crypto in the US would be disastrous for prices. opinion brian_armstrong Becouse it never gonna works

opinion brian_armstrong Yeah, that was kind of the point. opinion brian_armstrong Shhhhhhhhhhhhh brian_armstrong

Leaked memo: Moderna CEO responds to COVID-19 vaccine access criticismLeaked memo: Moderna's CEO responds to criticism of the $135 billion biotech prioritizing vaccine profits over helping poorer countries 泄露的备忘录:摩德纳的首席执行官回应了对1350亿美元的生物技术将疫苗利润优先于帮助穷国的批评 Coronavirus hit richer countries much harder, why wouldn't he target the hardest hit? Vaccine or gene therapy?

Crypto is 'not a fad' says Morgan Stanley CEO Gorman, 'It's not going away'James Gorman, CEO of Morgan Stanley doesn’t know where prices of bitcoin or its ilk will be in the coming days but he knows one thing: “It’s not a fad…it’s not going away.” Derivatives are AAA investment too

Walgreens shares surge as CEO Roz Brewer outlines plans to make health care its growth engineRoz Brewer, who joined as CEO in March, said the company will open hundreds of doctor offices, shake up its front-of-store merchandise and free up pharmacists' time. All Walgreens needs is a blood testing machine that only uses a single drop of blood.. That's if the shoplifting and robberies stop.

Alicia Keys to Join WWD Beauty CEO Summit.aliciakeys will be among the 25 speakers at the 2021 WWD Beauty CEO Summit.

RAI Com Sells Gabriele Mainetti’s ‘Freaks Out’ to France, Japan; CEO Talks Strategy (EXCLUSIVE)Italy’s RAI Com, which is the sales arm of Italian state broadcaster RAI, is scoring sales to key territories on Gabriele Mainetti’s “Freaks Out,” following the genre-bending film’s launch in… Courteeners is a racist band! Cancelled my ticket because of my skin color while I’ve never heard of their songs, this is confirmed by the ticket office which called them twice while I found it at the venue.NME knew everything but still praised them the next day.

Youth Activists Confront Shell CEO During Climate PanelIf you bring an oil CEO to a climate conference… You mean 'storming the stage and shrieking insults in a nails-on-chalkboard shrill voice'?