News list for " crypto industry"
A six-page proposal by Democrats in the US Senate aimed at preventing the illegal activities of decentralized finance (DeFi) has sparked strong criticism from Republican lawmakers and the crypto industry. The proposal requires regulators such as the Treasury Department to determine "whether the protocol is sufficiently decentralized" and treat individuals or entities that design, deploy or operate DeFi front-end services as intermediaries. Crypto industry insiders have warned that the proposal a...
Eric Trump, the second son of the US president, revealed in an exclusive interview on Fox Business that it is the three factors "autonomy, bank blocking and boycott culture" that drive his family to continue to build up the ante crypto industry layout. Discussing the "weaponization" of the Trump family by banks on Tuesday, Eric Trump said: "Every bank cancels business with us for no reason, only...
