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Tag Archives: Testimony

SEC Chairman Expresses ‘Optimism’ About DLT Investment Opportunities in Senate Testimony

United States Securities and Exchange Commission (SEC) chairman Jay Clayton has said this week that he is “optimistic” that developments in distributed ledger technology (DLT) can “help facilitate capital formation.” Speaking as part of a testimony before the U.S. Senate Committee on Banking, Housing, and Urban Affairs — published on the SEC website Dec. 11 — Clayton added that DLT ...

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Tech Lead at Capgemini Defends Bitcoin Against Nouriel Roubini’s Testimony

Despite the growing popularity and acceptance of Bitcoin, every now and then there is someone who lambastes it. Recently, it was Nouriel Roubini, an economist and professor at New York University’s Stern School of Business, who attacked cryptocurrencies, calling them the “mother of all scams and bubbles.” Jan-Willem Burgers, the technology lead at Capgemini’s Distributed Ledger Practice, came to Bitcoin’s ...

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5 Highlights from Bitcoin-Bashing NYU Economist’s Senate Testimony

This morning, the U.S. Senate Committee on Banking, Housing, and Urban Affairs is holding a hearing on cryptocurrency and blockchain technology, featuring testimony from New York University economist Nouriel Roubini. Roubini, as CCN reported, has been bashing bitcoin since before most of the mainstream public had become familiar with the terms “cryptocurrency” and “blockchain,” and — true to form — ...

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The Congressional Facebook Testimony Is a Lesson in Agency, Responsibility, and Education – The Merkle

The recent Facebook congressional hearings on the (mis)handling of customer data has impassioned many of its users. The hearings themselves made a few things clear, and the public response shined light on a growing trend in a blockchain world: people want greater control over their data. Congressional Facebook Testimony Underscores Need for Blockchain Technology The facts are these: Facebook makes its money ...

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SEC Chair’s Written Testimony Hints at Moderation for Cryptocurrencies, but ICOs Be Warned

The written testimony from Jay Clayton, chairman of the United States Securities and Exchange Commission (SEC), was released on February 5, 2018. It comes ahead of the chairman’s oral testimony before the U.S. Senate Committee on Banking, Housing and Urban Affairs on February 6, 2018, on the matter of “Virtual Currencies: The Oversight Role of the U.S. Securities and Exchange ...

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