Mastercard CEO Calls Anonymous Cryptocurrencies 'Junk,’ Again
Blog
CEO of Mastercard, Ajaypal Banga compares anonymous cryptocurrencies to “snakes,” says they don’t “deserve” to be considered a medium of exchange. Ajaypal Banga, the CEO of Mastercard, blasted cryptocurrencies during the “New India Lecture” at the Indian Consulate earlier this week, The Times of India reports Thursday, July 26. Banga …
U.S. CFTC Chair: We Need to Test Blockchain Because We Are ‘Four Years Behind’
Blog
During a Congressional hearing July 25, CFTC chair Christopher Giancarlo said the agency is “four years behind” on blockchain research and regulation. Chairman of the U.S. Commodity Futures Trading Commission (CFTC) Christopher Giancarlo outlined his agency’s interest in blockchain technology during a Congressional hearing Wednesday, July 25. The chairman emphasized …