Calls for harsher regulations around cryptocurrencies and digital assets will likely grow louder in the aftermath of FTX’s collapse — something former United States presidential candidate Andrew Yang said isn’t conducive to making America a hotbed for blockchain innovation. Speaking at the Texas Blockchain Summit in Austin on Nov. 18, Yang acknowledged that the bankruptcy of FTX and sister company Alameda Research would make common sense crypto regulation harder to pass in the short term. “I’ve always been in the camp that some intelligent regulation is a good thing. I think it would help the industry mature and make it more mainstream. But, unfortunately, we missed a beat — like a major beat,” he said, referring to the collective failures of FTX, FTX US and Alameda Research. “...
The increasing number of air force incursions from China is starting to fray nerves among ordinary Taiwanese, who wonder if their heavily armed political rival finally plans to attack after decades of threats, polls and analysts say. The People’s Liberation Army Air Force has increased the frequency and number of flights over a median line between the two Asian neighbors in the past four months, according to reports from Taiwan’s Ministry of National Defense. Eighteen Chinese military aircraft passed through Taiwan’s airspace Friday followed by 19 on Saturday, the ministry said. Saturday the planes flew in a formation designed to attack from the front, rear and both sides. Some aircraft were sighted in Taiwanese airspace over waters about 80 kilometers from Taiwan itself, according to maps...