“DLT could improve financial market efficiency, modernize the payment system, and foster financial inclusion,” Vincent Gusdorf, head of DeFi and digital asset analytics, said in a press statement shared with CoinDesk. “The overall economic and financial effects of technological changes, including the policy and strategic changes they prompt, are likely to be positive.”
China’s Leading Blockchain Advocate Faces Investigation
Yao Qian, a prominent ‘pro-blockchain official’ in China, is under investigation by Chinese authorities for undisclosed “violations of law.” The...