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CryptoLink - May 2023 - Fin Tech - United States

CryptoLink is a compilation of news stories published by outside organizations. Akin aggregates these stories, but the information contained in them does not necessarily represent the beliefs or opinions of the firm.

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With Wyoming Stable Token Under Fire, Gordon Says US Losing Digital Currency Race With China

The banking industry told Wyoming Gov. Mark Gordon it feels the state’s efforts to create its own stable token is muscling in on its territory as Gordon says U.S. is losing a digital currency arms race with China.

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U.S. Lawmakers Can Get Crypto Regulations Right if They Act Now

Crypto companies are being hamstrung by legislative inaction as much as an ill-advised policy of regulating by enforcement, BitGo CEO Mike Belshe said.

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