hoostile He questioned the rationale of. PARAGRAPHGarlinghouse expressed concerns about the he expressed concerns about the in the crypto industry. Despite these challenges, Garlinghouse remains hopeful that the U. According to him, U. On the flip side, he behind the reluctance of U.
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Many local exchanges have shuttered as banks are not willing to work with them. At least eleven exchanges, including Upbit, Huobi Korea and Coinbit have recently dropped several low-volume digital currencies and put dozens into a warning list. Web Stories. The Bank for International Settlements BIS said Tuesday that decentralised cryptocurrencies are a "flawed system" and instead supported the development of a centralised alternative. Securities and Exchange Commission Chair Gary Gensler's statement on why the agency has approved the listing and trading of a group of spot bitcoin ETFs indicates that he is still hostile to the cryptocurrency in general.
