Blockchain

Fintech Beat examines Block.one's settlement with the SEC
Fintech Beat, Ep. 22

U.S. Securities and Exchange Commission at the SEC in Washington. (Photo By Bill Clark/CQ Roll Call)

Uncertainty is the bane of the crypto industry, with limited predictability about the scope of securities laws. That's because there is little agreement on when a cryptocurrency is considered a security. Block.one found out the hard way. Fintech Beat explores what the company's settlement with the SEC means.

Senate Banking members take skeptical look at cryptocurrencies
Blockchain firms have tried selling lawmakers on the potential for dramatically reduced transaction costs.

Senate Banking Chairman Mike Crapo, R-Idaho, sees data privacy as one of the primary risks. (Bill Clark/CQ Roll Call file photo)

Concerns over data privacy and skepticism about just how unique and beneficial cryptocurrencies and other blockchain-based digital assets could be dominated Tuesday’s Senate Banking Committee hearing on regulating the new technology.

“This new digital currency and blockchain technology is a very real — and potentially helpful — innovation,” said Chairman Michael D. Crapo, R-Idaho. “It’s also potentially harmful as there can be some serious risk involved in it.”

2 minutes with CFTC Chairman Christopher Giancarlo
Fintech Beat's Chris Brummer talks blockchain, derivatives and Hollywood

Chris Brummer (left) of Fintech Beat interviews CFTC Chairman Christopher Giancarlo in Washington. (Jinitzail Hernández/CQ Roll Call)

Financial technology is changing how we do business, and regulators are trying to catch up
Fintech Beat

Whether you’re paying a friend for drinks on Venmo or logging in to your online banking, you’ve probably engaged with fintech.