Bitcoin, Technology, and Security by Mike Belshe
MiCA requirements tie stablecoin reserves to fractional banks, Mike Belshe warns
Mike Belshe raises concerns about the impact of MiCA regulations on stablecoin issuers. According to Belshe, the rules require these issuers to hold reserves in fractionally reserved bank ...
Mike Belshe: Bitcoin positioned as hard money alternative in macro landscape
Mike Belshe describes Bitcoin as hard money that cannot be printed, suggesting it serves as an exit from macroeconomic traps. He presents Bitcoin as a viable alternative to traditional currencies ...
Strive now holds 16,500 BTC, Mike Belshe notes
Mike Belshe highlights the growing trend of companies adding Bitcoin to their treasuries. Strive has now accumulated 16,500 BTC, making it the seventh largest publicly traded Bitcoin holder. ...
Mike Belshe: End of easy money era if QE criticism enforced
Mike Belshe highlights that Warsh has been a persistent critic of quantitative easing and the expansion of central bank balance sheets. He suggests that if Warsh's stance is put into practice, ...
Credit unions gain quick access to stablecoin services, Mike Belshe notes
Mike Belshe highlights that credit unions now have access to a regulatory pathway as well as a fast-track option for stablecoin services. BitGo’s stablecoin-as-a-service is designed to let ...
Mike Belshe: Tradfi activity migrating to blockchain grows rapidly
Mike Belshe points out that covering the growing number of announcements about traditional finance moving onto blockchain platforms has become a significant task. His comment highlights the ...
Decentralization is delivered by protocols, Mike Belshe notes
Mike Belshe argues that decentralization should not just be an abstract declaration but a principle implemented directly within blockchain protocols. He cites Bitcoin as an example of this ...
Mike Belshe: Clarity Act markup could reshape U.S. crypto regulation on May 14
Mike Belshe, industry influencer, highlights that after over a decade of building institutional crypto infrastructure without regulatory clarity, the upcoming May 14 markup of the Clarity Act ...
BitGo self-custody API enables AI agent wallets, Mike Belshe notes
Mike Belshe, industry influencer, highlights that while many are announcing AI agent wallets, BitGo's self-custody API has supported AI agents since its inception. He emphasizes that the service ...
Wrathofgnon: $70 million spent annually to distribute $4 million in funds
wrathofgnon, industry influencer, draws attention to a case in which $70 million is reportedly spent each year to administer the distribution of just $4 million. According to wrathofgnon, this ...
Registering NGOs on blockchain enables public oversight, Mike Belshe argues
Mike Belshe suggests that using a public blockchain could address issues of state and federal fraud without the need to repeal existing money systems. He proposes that wallet addresses of NGOs ...
Mike Belshe: New product for BTC collateralized borrowing and lending introduced
Mike Belshe announced an exciting new product focused on BTC collateralized borrowing and lending. The product targets users interested in borrowing against their BTC holdings or those looking ...
California faces persistent deficits and rising obligations, Mike Belshe warns
Mike Belshe highlights structural financial issues in California, emphasizing ongoing budget deficits, increasing obligations, and a shrinking tax base. Belshe states that the situation goes ...
Mike Belshe: BitGo integration streamlines U.S. crypto trading for companies
Companies are increasingly turning to BitGo's Crypto-as-a-Service platform to build crypto offerings. Mike Belshe highlighted that BitGo's solution enabled Fold to quickly launch bitcoin trading ...
FTX deployed $5 billion with no investor safeguards, Mike Belshe warns
Mike Belshe criticized FTX for using approximately $5 billion in customer money to make 475 investments, alleging that the capital was spent without proper investor discipline or tradeoffs and ...
Mike Belshe: CLARITY Act passage needed for digital asset sector progress
Mike Belshe has voiced support for the passage of the CLARITY Act, arguing it is crucial for the digital asset industry. He noted that companies such as BitGo, Kraken, and Coinbase will continue ...
Firm claims 100 percent reserve and higher liquidity, Mike Belshe asserts
A financial institution has adopted a banking model with 100 percent reserve holdings. Mike Belshe stated that the firm meets all requirements mentioned by another industry leader and claims to ...
Mike Belshe: Canada introduces crypto custody rules to prevent QuadrigaCX repeat
Canada has rolled out comprehensive crypto custody regulations aimed at preventing incidents like QuadrigaCX's $123 million vanishing, according to Mike Belshe. Key measures include segregated ...
Mike Belshe announces BitGo partnership with Yzilabs
Mike Belshe has announced a new partnership between BitGo and Yzilabs. This collaboration is expected to significantly enhance BitGo's scaling efforts. The partnership marks an important step ...
Mike Belshe criticizes current banking risk views
Mike Belshe shares a critical perspective on the current state of the banking system. He argues that the system is so broken that it cannot even consider low-risk bank activity viable. According ...
Mike Belshe criticizes state regulation efforts on AI amid ongoing issues
Mike Belshe criticizes the state's intention to regulate the AI industry, questioning its competence given ongoing issues like homelessness and infrastructure stability. He adds that the state ...
