“New York State is the only state to require a license for crypto companies. That’s a high barrier, and it just makes us less competitive. We have to continue to be competitive,” Adams said during a virtual appearance at the Financial Times Crypto and Digital Assets Summit held in London.
The debate of many financial experts regarding the benefits and disadvantages of cryptocurrencies in the economy has continued. This time, a popular financial expert, Lee Reiners, has made a case for why crypto needs to be banned. He stated that the popularity of cryptocurrencies and the rise of ransomware is no coincidence. According to him, […]