The US government is working on regulations for cryptocurrencies, but it is off to a rocky start. In an Axios virtual event on Tuesday, Democratic Rep. Bill Foster of Illinois, who is co-chair of the House blockchain caucus, demanded that the US government have the ability to exert control over the Bitcoin network in ways [...]

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In a blog post, Coinbase CEO Brian Armstrong listed how Coinbase will embrace the products and services emerging in crypto sector with a focus on DeFi.