Michael Saylor, a bitcoin maximalist and the former CEO of the business analytics company MicroStrategy, believes Ethereum could be facing a major crash in the near future on par with the TERRA stablecoin collapse which essentially disappeared overnight. Saylor has been a vociferous Bitcoin maximalist, favoring Bitcoin and only Bitcoin. MicroStrategy, under his leadership, bet…
Category: Regulations
Elizabeth Warren Targets Self-Custody With “Unconstitutional” Crypto Bill
Amid the U.S. Senate hearings on the FTX crash this week, Sens. Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) introduced the Combating Digital Assets from Money Laundering Act, targeting the crypto sector with a series of proposed regulations dubbed by critics as tyrannical and unconstitutional. The bill effectively kills the golden goose. The new legislation has…