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Yet another “crypto ban” turns out to be temporary FUD.In an interview with CNBC this morning, Indian Finance Minister Nirmala Sitharaman said that reports of a blanket ban on cryptocurrencies are overstated. While negotiations are ongoing, she said she expects the end result to be more tempered:“Yes, a lot of
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Ray Dalio, the founder of the world’s largest hedge fund, Bridgewater Associates, has offered a more positive stance on bitcoin than in comments that made headlines last month.In a Reddit Ask Me Anything (AMA) on Tuesday, Dalio said he thought bitcoin and other cryptocurrencies had “established themselves” over the last
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Contrary to public perception, JPMorgan Chase has always been pro-blockchain, says the multinational investment bank's head of wholesale payments, Takis Georgakopoulos. In a live discussion with Nasdaq reporter Jill Malandrino at this year’s Blockshow in Singapore, Georgakopoulos said JPMorgan has always viewed the blockchain and crypto industry through three lenses:
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It would be "advantageous for Ripple to operate in the U.K.,” said Ripple CEO Brad Garlinghouse. Source
Read MoreAmerica’s largest cryptocurrency exchange, Coinbase, made headlines over the past few weeks for an internal culture change that effectively told employees that there will be no space for social activism within its walls. Furthermore, a recently leaked audio apparently reveals that most employees approve of the new direction.The “apolitical” stance that
Read MoreAfter adjustments to company policies, popular U.S.-based crypto exchange Coinbase has seen backlash from employees who disagreed with the changes. Coinbase received national attention for a recent change to its policies, which required employees to avoid political and social distractions, and instead focus on its core mission of building "an open
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Coinbase has lost 60 people from its 1,200-person staff after an updated mission statement from CEO Brian Armstrong sparked fierce debate over how companies should respond to today’s charged politics.In a companywide memo obtained by CryptoX, Armstrong informed employees that 5% of the company’s workforce had accepted the severance package
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As if the ructions of the year aren’t giving us enough cause to re-examine things we thought we understood, now we find ourselves questioning what a company is for, and what role it should occupy in society and in employees’ lives. Earlier this week, Coinbase co-founder and CEO Brian Armstrong published
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Bitcoin, the mother of cryptocurrencies, has laid a strong foundation for global leaders to follow in solving the hard society challenges. As the world grows through the recent society challenges, Silicon Valley companies are playing a vital role in the future society setups. Twitter CEO Jack Dorsey, a strong supporter of
Read MoreTwitter CEO Jack Dorsey has taken major U.S. crypto exchange Coinbase to task over its open letter to employees published on Sep 28. The letter, written by Coinbase CEO Brian Armstrong, explained why the firm intends to avoid political and social distractions, and instead focus on its core mission of building
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