Malta Says Crypto Rules Aren’t Yet In Force
The latest crypto laws passed on the island of Malta haven't quite taken effect just yet.
“There was a clear agreement ... that Libra, in particular, raises some very significant concerns, and cryptocurrencies more broadly," said Mnuchin.
If our goal is mass adoption, blockchain and crypto firms should work closely with regulators and come up with new ways to solve big thorny problems.
The latest in a patchwork of state regulations, Rhode Island pens formal legislation regarding cryptocurrencies and money transmission.
Recently, BRI published a report authored by Tapscott recounting the takeaways from a roundtable discussion held in May on cryptocurrency regulation.
Increased regulation, as long as it is done with industry cooperation and the aim of de-risking the broader market, will hasten blockchain adoption.