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In the news
This week our colleague Gary Gensler was profiled in The New York Times talking about how Ethereum and Ripple should be classified as securities. DCI director Neha Narula continues the conversation about how cryptocurrencies and tokens should be regulated.
From the New York Times, Nathaniel Popper profiles DCI Senior Advisor Gary Gensler, former chairman of the Commodities Futures Trading Commission ahead of his statements on the regulation of cryptocurrencies to be made at the Business of Blockchain Conference.
The MIT Technology review interviews Robleh Ali, former manager of digital currency for the Bank of England, now research scientist at the MIT Digital Currency Initiative, on why initial coin offerings are dangerous and how to make them more useful. From the piece:
Neha Narula, director of the MIT Digital Currency Initiative, helps PBS NewsHour understand how Bitcoin and cryptocurrencies work. Watch the video below or read the transcript interview with Neha, "This is how Bitcoin works."
The dot-com bubble of the 1990s is popularly viewed as a period of crazy excess that ended with hundreds of billions of dollars of wealth being destroyed. What’s less often discussed is how all the cheap capital of the boom years helped fund the infrastructure upon which the most important internet innovations would be built after the bubble burst.
Tadge Dryja, research scientist at the MIT Digital Currency Initiative, is featured in this recent WIRED article by Sandra Upson, "The Lightning Network Could Make Bitcoin Faster—and Cheaper." Tadge continues to lead the development of Lightning, now with us at the MIT Media Lab.