With a career spanning nearly three decades in regulations, cryptocurrency and financial payments, Tim brings to OK Group his passion of making digital assets accessible to the world, while working alongside governments and regulators.
There are ways in which a tax on the ultra-wealthy could nudge them toward crypto, but hiding assets is not one of them.
Though the Tether settlement may help bring in more transparency, experts believe that state-centric bans may not be the way out.
Stablecoin is just one type of cryptocurrency or ‘convertible virtual currency,’ and therefore, stablecoins and the stablecoin market will continue to attract scrutiny and mandated examinations from regulators.
Today massive BTC adoption is tightly connected not to the shadow money, but quite to the opposite — to its status of the transparent financial asset.