Twitter CEO tells Congress it’s exploring blockchain to fight scams
Twitter CEO Jack Dorsey told a Congressional committee Wednesday that the social media company is exploring blockchain solutions for its platform. Dorsey bin u núukik ti' jump'éel k'áat chi' jump'éel representante California ichil jump'éel energía yéetel audiencia koonolo' centrado ti' protección le yojeta'al mixba'al usuario, a'alajil t'aan errónea, moderación contenido yéetel supuestos prejuicios xu'ullsa'al le conservadores políticos ti' Twitter.
Matsui ti' preguntada: “Ba'ax posibles aplicaciones ka cha'antik utia'al blockchain?” Dorsey tu núukaj “Yaan k káajsik yéetel talamilo'ob k ’ re tratando resolver utia'al k clientes yéetel kaxant le ma'alo'obtal disponible ti' tuláakal… Blockchain jach juntúul u in wa'alike' u yaan ya'ab potencial ma' explotar, specifically around distributed trust and distributed enforcement. We haven’t gone as deep as I would like just yet in understanding how we might apply this technology to Twitter but we have people thinking about it today.”
EU should adopt common cryptocurrency rules, according to report for ministers
A Belgium-based think tank is arguing that the EU should create a single standard for cryptocurrency rules in a report sent to finance ministers within the economic block. Bruegel, based in Brussels, the Belgian capitol, believes that the EU needs “common rules” on cryptocurrencies, as well as how tokens are distributed and traded. It’s report comes in advance of an “informal meeting of economic and financial affairs ministers” later this week. The report is not yet publicly available.
The report says the EU should enforce common regulations on crypto exchanges and initial coin offerings (ICOs) as well. That being said, the report notes that Bitcoin’s decentralized nature makes regulating the cryptocurrency itself “impossible.” As such, it emphasized that any regulations would have to apply to exchanges or other related companies. It also referenced China’s crackdown on cryptominers, noting that mining farms can be banned as well.
Goldman Sachs drops Bitcoin trading plans for the time being
Goldman Sachs is ditching plans to open a desk for trading cryptocurrencies as the regulatory framework for crypto remains unclear, according to people familiar with the matter. In recent weeks, Goldman executives have concluded that many steps still need to be taken, most of them outside the bank’s control, before a regulated bank would be allowed to trade cryptocurrencies.
Goldman Sachs spokesperson Michael DuVally said “At this point, we have not reached a conclusion on the scope of our digital asset offering.”
Crypto mining accepted as an industry by Iranian authorities
Iran’s government has accepted crypto mining as an industry, Irán ’ c. Secretario ti' le Consejo u Guatemala mina'an u yotocho'ob ciberespacio Abolhassan Firoozabadi tu ya'alaj minería cryptocurrencies tales bey Bitcoin ts'o'ok sido aprobado bey juntúul industria tumen le autoridades gubernamentales k'ajle'. Ba'ale', legislación way sijnáaleche' u formando jump'éel marco legal utia'al u industria láayli' yaan u beel introducido ti' le lu'uma'.
Firoozabadi declaró u u chúumukil iraní ciberespacio nacional táan desarrollando jump'éel plataforma utia'al u cryptocurrency Minería Reglamento. Le c. Secretario, bin informes, afirmó ti' le autoridades k'a'abeto' introducirá jump'éel marco regulatorio yo'osal le jejelas startups relacionadas yéetel crypto ti' finales septiembre.
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