RATE Group | Feds like cryptocurrencies and blockchain tech and so should antitrust agencies – TechCr…
52580
post-template-default,single,single-post,postid-52580,single-format-standard,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Feds like cryptocurrencies and blockchain tech and so should antitrust agencies – TechCr…

13 Dec Feds like cryptocurrencies and blockchain tech and so should antitrust agencies – TechCr…

Posted at 03:54h in Cryptocurrency News by

[ad_1]

Thibault Schrepel
Contributor

Thibault Schrepel is an Assistant Professor in the Department of Public Economic Law at Utrecht University and a reviewer at the Stanford Journal of Blockchain Law & Policy.

While statements and position papers from most central banks were generally skeptical of cryptocurrencies, the times may be changing.

Earlier this year, the Federal Reserve of Saint Louis published a study that relates the positive effects of cryptocurrencies for privacy protection.

Even with the precipitous decline in value of Bitcoin, Ethereum and other currencies, the Federal Reserve author emphasized the new competitive offering these currencies created exactly because of the way they function, and accordingly, why they are here to stay.

And antitrust authorities should welcome cryptocurrencies and blockchain technologies for the same reason.

Fact: crypto-currencies are good for (legitimate) privacy protection

In the July…

[ad_2]

Source link

Tags:
, , , , , ,