U.S. House Passes Bill Requiring Study Of Blockchain Technology
The US House of Representatives passed the “Advancing Innovation To Assist Law Enforcement Act” to require the Financial Crimes Enforcement Network to conduct a study on the use of blockchain, AI, and other technologies by the agency and provide a report to the House Financial Services Committee and the Senate Banking Committee.
tags: Blockchain Fintech
The Economics of Cryptocurrencies—Bitcoin and Beyond
“We develop a general-equilibrium model of a cryptocurrency. We use the model to obtain a condition that rules out double spending and study the optimal design of cryptocurrencies. We also quantify the welfare costs of using a cryptocurrency as a payment instrument.”
tags: Fintech CryptoAssets