Questions about how countries will tolerate the rise of crypto remain. Bitcoin and its ilk have been pummeled by reports that China will aim to crack down on digital assets. And a statement by the U.S. Treasury Department, noting that it will look to enforce anti-money-laundering rules for bitcoin transactions of $10,000 or greater. has dented enthusiasm in the sector.
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Los Angeles Times:Crack Epidemic Set Tone For Police And Coronavirus FailuresWhat if the nation had met the crack epidemic of the 1980s with healthcare rather than with police and prison? How much more prepared might we have been today for a deadly viral pandemic, and how much more resilient in the aftermath, had we built out a public health infrastructure with treatment clinics, housing and other resources and supports aimed at restoring the health of American neighborhoods? What if we had recruited, trained and adequately paid a generation of clinicians, physicians, nurses, researchers, peer counselors and educators to deal with the drug crisis instead of buying tanks and armored cars for police and sending them into neighborhoods suffering the physical and social consequences of cheap crack cocaine? (6/10)
"We have seen a systematic erosion of liberty and democracy in Hong Kong. Since the National Security Law was imposed, authorities have cracked down on free speech, the free press and free association," British Foreign Secretary Liz Truss said.
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