Cynthia Lummis, a US senator, believes that after the merger of Ethereum, it has to be considered a security, and that now BTC is the only one cryptocurrency that can be classified as a commodity. This was stated by Cynthia Lummis when discussing measures that could prevent the collapse of the FTX exchange.

The 10th Global Forum on blockchain, digital assets and mining Blockchain Life 2023 takes place on February 27 - 28 in Dubai. Having started its history in 2017, the forum quickly entered the TOP-3 world events in the industry of digital assets.

Co-founder of the Bitcoin Policy research center David Zell believes that, despite the negative impact of the collapse of the FTX exchange on the cryptocurrency industry, this will strengthen confidence in Bitcoin. Speaking on the television show "Just the News, No Noise", David Zell said that in the long term, the bankruptcy of the FTX trading platform will increase the level of Bitcoin acceptance.

Shark Tank host Kevin O'Leary expects the BTC rate to rise after the adoption of the law on the regulation of stablecoins, which, in his opinion, will happen after the November midterm elections to the US Congress. Kevin O'Leary, also known under the pseudonym Mr. Wonderful, believes that with a high degree of probability, the Law on Transparency of stablecoins can be adopted by the US Congress after November 8. This law is supported by the majority of legislators, since it makes the US dollar a payment currency worldwide by default.

U.S. Senator Cynthia Lummis expressed concerns about the national debt and rising inflation. She believes that in order to save their own funds, citizens should invest in Bitcoin. In a recent interview, Senator from Wyoming Cynthia Lummis (Cynthia Lummis) once again spoke in favor of the first cryptocurrency. According to her, Bitcoin can no longer be stopped – governments cannot simply confiscate cryptocurrencies, and this is the main advantage of digital assets. 

Ethereum co-founder Vitalik Buterin took part in the Mainnet 2022 conference. He noted that the transition to the Proof-of-Stake (PoS) algorithm will be useful for any cryptocurrency on Proof-of-Work (PoW). Buterin noted that the concept of Bitcoin led him to the cryptocurrency industry. He fell in love with this technology, so Ethereum was built on the PoW algorithm. However, later the developers of the second cryptocurrency realized the benefits of switching to PoS.

The head of Polygon, together with the head of Cere Network, raised $50 million for their new project, which will be different from other venture funds. Sandeep Nailwal and Kenzi Wang have launched "Symbolic Capital", a cryptocurrency-focused project.

The British Finance Minister will submit to parliament a bill on financial services and markets clarifying the procedure for using stablecoins. Nadhim Zahawi is confident that the bill will increase the flexibility and competitiveness of the British financial services sector. The official acknowledges that crypto assets and stablecoins can increase the efficiency of transactions due to the huge potential for transforming the country's financial landscape.

Ripple CEO Brad Garlinghouse said that if the company loses the lawsuit with the SEC, it may move from the United States. Garlinghouse plans to open an office in Toronto. At the end of last year, the U.S. Securities and Exchange Commission (SEC) filed a lawsuit against Ripple, accusing the company of illegally conducting an ICO for $ 1.3 billion. The regulator claims that XRP is a security, and the parties still cannot come to an agreement. At the Collision conference in Toronto, Brad Garlinghouse said that if the court rules in favor of the SEC, it will not affect the crypto industry in any way, and the company will simply move to another jurisdiction.

Mamba Swap uses atomic swaps to instantly swap one digital asset for another on a multichain system. Black Mamba is all set to bring in a new era for meme coins riding on the unique features of Mamba Swap, the first-ever decentralized multichain platform that uses atomic swaps to operate on any chain. 

The CEO of the mining company Argo believes that cryptocurrencies have little prospects from the point of view of macroeconomics, with the exception of Bitcoin, which will save the world from inflation. Peter Wall stated in an interview that Bitcoin is Gold 2.0. According to Wall, the limited BTC limit of 21 million coins and its decentralized nature will help the first cryptocurrency turn into digital Gold.

The head of the investment company Miller Value Partners, Bill Miller, called Bitcoin an effective means of accessing financial services, regardless of the military and economic situation. Billionaire Bill Miller supported Bitcoin, calling it a "saving tool" for all countries involved in military conflicts, because of which ordinary citizens cannot access banking services. Miller cited the example of the collapse of the financial infrastructure in Afghanistan after the withdrawal of American troops in August 2021.

California becomes the first state in the nation to begin creating a comprehensive and harmonized framework for responsible WEB3 technology to thrive. Executive Order aims to create a pipeline of talent for the emerging industry and utilize the technology for public good. Governor Gavin Newsom signed an executive order that aims to create a transparent regulatory and business environment for web3 companies which harmonizes federal and California approaches, balances the benefits and risks to consumers, and incorporates California values such as equity, inclusivity, and environmental protection.

The leadership of New York state that representatives of the traditional financial system are afraid of new phenomena, and this is especially evident when it comes to cryptocurrencies and Blockchain. During the Financial Time Summit on Digital Assets, Mayor of New York Eric Adams, urged regulators to listen to representatives of the cryptocurrency industry in order to create a quality legislative framework for the industry. The official is confident that by listening to industry representatives, regulators will be able to achieve such conditions for the industry that would suit all participants in the economic system.

Opening up to new technologies, is not just about thinking outside the box, but breaking down the established framework and realizing that this is a new time for all global business..

Eric Adams

At the beginning of the year, when Adams first took over as mayor, he announced that he was converting his first salary into Bitcoin and Ether. His administration was intent on making New York a hub for cryptocurrencies and financial innovation. During the campaign, Adam made cryptocurrencies his central theme, stating that he believes in digital currencies and the freedom they bring.

Adams said that his office is actively working with government partners to assess the situation around digital assets to ensure compliance with standards, as in the traditional financial system.

The CEO of the Binance cryptocurrency exchange believes that sanctions and the US dollar's supremacy will push foreign corporations to seek refuge in cryptocurrency. During a podcast interview with Circle CEO Jeremy Allaire, Changpeng Zhao stated that as geopolitical tensions rise and the US dollar's hegemony grows, so will the adoption of cryptocurrencies by society. Zhao observed that the world is growing more divided, and that the dollar is increasingly being used as a sanctioning tool:

Money is a very powerful tool with which governments can influence each other, geopolitics and much more. The dollar is one of the strongest instruments the US has at its disposal.

Changpeng Zhao CEO of Binance

The fracturing of the global community, according to Binance's CEO, leads to even higher adoption of cryptocurrencies:

The world is becoming more divided. Guess what will happen when this trend intensifies? People will seek to use the currency as a tool to circumvent sanctions and other operations.

Changpeng Zhao CEO of Binance

One of the largest crypto exchanges in the world, FTX, plans to use the Blockchain to fix "broken social networks" and improve interaction between social platforms. CEO of FTX cryptocurrency exchange, Sam Bankman-Fried, spoke about the plans in an interview with Bloomberg. According to him, in social networks such as Facebook, there is no normal way to see a link to a tweet, and Whatsapp, in principle, cannot recognize links to tweets. Bankman-Fried said that cryptocurrency and blockchain projects do not have such problems, they easily work with each other even if the ecosystems are not directly connected.

The entrepreneur believes that with the help of the blockchain, the same interaction can be reproduced in Web2 projects. The head of FTX criticized the moderation policy on popular social media.

The three guys who run the digs decide what gets censored and what doesn't..

Sam Bankman-Fried CEO of FTX

FTX has a working model in place that allows different platforms to access the same pool of data to make independent censorship decisions, he says, and those decisions are the same for everyone. Such a model would help new platforms catch up with existing ones, instead of building their own policies from scratch. Bankman-Fried proposes to establish a single standard for Web2 projects using blockchain, which would significantly speed up the interaction of sites and social networks with each other, helping to focus on aspects that are more important for development. Recall that on Monday, the head of the American branch of FTX Brett Harrison (Brett Harrison) said that the cryptocurrency market will not reach the level of the stock market without the launch of spot derivatives.

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The star of the Shark Tank show looks positively to the future. He believes that digital assets will become the 12th sector of the economy in the S&P 500 index. The main American stock index includes companies operating in 11 industries. According to Business Insider with reference to Kevin O'Leary, the investor expects cryptocurrencies to expand the index.

Experts advise not to place more than 20% of the investment portfolio in companies in one sector of the economy and no more than 5% in shares of one company. If crypto companies do enter the S&P 500 in the future, investors will have a significantly expanded choice. In addition, shares of cryptocurrency companies can act as a hedging asset, the investor believes. O'Leary said that he now has 32 different cryptocurrencies and tokens in his portfolio, including Solana, bitcoins and Polygon tokens. The investor limits the share of cryptocurrencies to no more than 20% of the portfolio, and no asset in his portfolio exceeds 5% of the total amount. The investor expects that shares of companies from the crypto industry will enter the S&P 500 index in the next decade.

Bitcoin is not just a coin, it is software. Just like altcoins. If you believe that software can have long-term economic value, you can allocate up to 5% of your operating budget. I have made the largest investments in assets that I think have excellent economic prospects

explains Kevin O'Leary