CNBC Television published this video item, entitled “China crackdown on mining is positive in long-term, says Paxos co-founder” – below is their description.
Charles Cascarilla, Paxos co-founder and CEO, joins ‘Squawk on the Street’ to discuss the fall of bitcoin after China renewed its crackdown on crypto mining.
CNBC Television YouTube Channel
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CNBC is an American pay television business news channel, which primarily carries business day coverage of U.S. and international financial markets. Following the end of the business day and on non-trading days, CNBC primarily carries financial and business-themed documentaries and reality shows.
As of February 2015, CNBC is available to approximately 93,623,000 pay television households (80.4% of households with television) in the United States.
Bitcoin is a cryptocurrency invented in 2008 by an unknown person or group of people using the name Satoshi Nakamoto and started in 2009 when its implementation was released as open-source software. Bitcoin was the first decentralized cryptocurrency.
Paxos is a regulated blockchain infrastructure platform, building a new, open financial system. Paxos clients include global enterprises PayPal, Credit Suisse, Societe Generale, StoneX and Revolut.
Paxos is a top-funded blockchain company with more than $500 million in total funding from leading investors like OakHC/FT, Declaration Partners, Mithril Capital and PayPal Ventures.
Paxos has offices in New York, London and Singapore.
