US rise of cryptocurrency and fall of regulation pose ‘profound risks’ – report

US rise of cryptocurrency and fall of regulation pose ‘profound risks’ – report

Trump administration, Cryptocurrencies, US politics, US political financing, Technology, E-commerce, US news, Internet, Republicans, Securities and Exchange Commission, Business, World news, Regulators Business | The Guardian

​Center for Political Accountability, which advocates for corporate disclosure, warns of fallout from Trump’s effortsA new report warns of “profound risks” in American politics as cryptocurrency companies increase their political spending and Donald Trump oversees regulatory retreat while promising to create a “crypto strategic reserve”.The situation “illustrate[s] the profound risks that unchecked corporate political spending presents, particularly within the volatile and often unpredictable cryptocurrency industry”, reads the report, from the Center for Political Accountability (CPA), a non-profit that advocates for corporate political disclosure. Continue reading… 

Center for Political Accountability, which advocates for corporate disclosure, warns of fallout from Trump’s efforts

A new report warns of “profound risks” in American politics as cryptocurrency companies increase their political spending and Donald Trump oversees regulatory retreat while promising to create a “crypto strategic reserve”.

The situation “illustrate[s] the profound risks that unchecked corporate political spending presents, particularly within the volatile and often unpredictable cryptocurrency industry”, reads the report, from the Center for Political Accountability (CPA), a non-profit that advocates for corporate political disclosure.

Continue reading… 

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