The Taliban will never understand crypto, according to founder of LEARN Afghanistan
Pashtana Durrani, the founder of an organization working to make education available to women and girls across Afghanistan as the country remains under Taliban rule, said the Islamic fundamentalist group has poor financial literacy, especially when it comes to crypto. In a Wednesday interview with political commentator Tommy Vietor from Pod Save the World, LEARN Afghanistan founder Pashtana Durrani said the international community — particularly the United States — should consider removing th...
The Taliban will never understand crypto, according to founder of LEARN Afghanistan
Pashtana Durrani, the founder of an organization working to make education available to women and girls across Afghanistan as the country remains under Taliban rule, said the Islamic fundamentalist group has poor financial literacy, especially when it comes to crypto. In a Wednesday interview with political commentator Tommy Vietor from Pod Save the World, LEARN Afghanistan founder Pashtana Durrani said the international community — particularly the United States — should consider removing th...
Korean crypto investment firm Hashed reportedly under tax investigation
Crypto investment firm Hashed is currently under investigation by the National Tax Service (NTS) in South Korea, according to local media. The 4th Bureau of Investigation from the Seoul Regional Tax Office, which is handling the investigation, is best known for conducting investigations into tax evasion and slush fundraising. A slush fund is a pool of funds raised through undisclosed means and set aside for undisclosed purposes. On Tuesday, local media reported that the exact nature of the in...
Korean crypto investment firm Hashed reportedly under tax investigation
Crypto investment firm Hashed is currently under investigation by the National Tax Service (NTS) in South Korea, according to local media. The 4th Bureau of Investigation from the Seoul Regional Tax Office, which is handling the investigation, is best known for conducting investigations into tax evasion and slush fundraising. A slush fund is a pool of funds raised through undisclosed means and set aside for undisclosed purposes. On Tuesday, local media reported that the exact nature of the in...
US lawmaker urges congressional action on crypto as government avoids shutdown
Addressing the panel of crypto CEOs, Representative Patrick McHenry argued the technology in the crypto space was “already regulated” but acknowledged that any existing framework could be “clunky” and “not up to date.” According to the North Carolina congressperson, a lack of understanding among his fellow committee members could risk overregulating crypto and blockchain:“We need reasonable rules of the road, we know that. We don’t need knee-jerk reactions by lawmakers to regulate out of fear...
US lawmaker urges congressional action on crypto as government avoids shutdown
Addressing the panel of crypto CEOs, Representative Patrick McHenry argued the technology in the crypto space was “already regulated” but acknowledged that any existing framework could be “clunky” and “not up to date.” According to the North Carolina congressperson, a lack of understanding among his fellow committee members could risk overregulating crypto and blockchain:“We need reasonable rules of the road, we know that. We don’t need knee-jerk reactions by lawmakers to regulate out of fear...
rypto CEOs request Congress provide regulatory clarity at hearing on digital assets
The House Committee on Financial Services heard from several CEOs of major crypto firms in the United States, some of whom seemed to present a united front in urging lawmakers to provide a clear regulatory framework for crypto. Speaking at a Wednesday hearing titled “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States,” Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Chad Cas...
rypto CEOs request Congress provide regulatory clarity at hearing on digital assets
The House Committee on Financial Services heard from several CEOs of major crypto firms in the United States, some of whom seemed to present a united front in urging lawmakers to provide a clear regulatory framework for crypto. Speaking at a Wednesday hearing titled “Digital Assets and the Future of Finance: Understanding the Challenges and Benefits of Financial Innovation in the United States,” Circle CEO Jeremy Allaire, FTX CEO Sam Bankman-Fried, Bitfury CEO Brian Brooks, Paxos CEO Chad Cas...
The Bitfury CEO added that he believed
The Bitfury CEO added that he believed companies unable to meet this standard would be relegated to the “ash heap of history” — that is, lose their relevance and largely be forgotten. In his written statement to the committee, Brooks implied that a decentralized internet would be better “than an Internet largely controlled by five big companies”:“Crypto policy should take into account not only any new risks introduced into the system, but also the risks in the present system that are being so...
The Bitfury CEO added that he believed
The Bitfury CEO added that he believed companies unable to meet this standard would be relegated to the “ash heap of history” — that is, lose their relevance and largely be forgotten. In his written statement to the committee, Brooks implied that a decentralized internet would be better “than an Internet largely controlled by five big companies”:“Crypto policy should take into account not only any new risks introduced into the system, but also the risks in the present system that are being so...
