US lawmakers request crypto firms provide info on diversity and inclusion

A group of five lawmakers from the United States House of Representatives has requested data on the diversity and inclusion practices of 20 major firms dealing with cryptocurrencies and Web3. In a Thursday notice, House Financial Services Committee chair Maxine Waters along with Representatives Joyce Beatty, Al Green, Bill Foster and Stephen Lynch penned a letter requesting U.S.-based crypto firms provide information on “how and whether the industry is working toward a more equitable environment for everyone.” The lawmakers sent letters to 20 companies including Aave, Binance.US, Coinbase, Crypto.com, FTX,…

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Broker licensing for US blockchain developers threatens jobs and diversity

United States lawmakers will soon destroy a massive opportunity for job creation and a diverse workforce in blockchain technology if they do not amend infrastructure bill HR 3684, which would require blockchain developers to attain broker status on U.S. soil. HR 3684 does not recognize the taxonomy of the asset class. Not every crypto asset falls under the definition of security — many are transactional tokens and used as consensus mechanisms essential to distributed ledger technology. Requiring broker status for every blockchain developer indicates that U.S. lawmakers have yet to…

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Expert panel divided over best way to achieve diversity in crypto sector

While almost everyone agrees the blockchain industry needs to address the under representation of women in the sector, experts remain divided on the best way to achieve it. Should we take an interventionist approach or hope that as blockchain becomes more widespread it will hold more appeal outside of its core demographics? Recent data from trading platform eToro, which has 18 million registered users, suggests women account for just 15% of Bitcoin traders, and 12% of Ether traders. Panellists at an Australian Blockchain Week event on April 21 offered a…

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We still have a lot of work to do on diversity, equity and inclusion

If we want to democratize finance, we need to start with practical initiatives. As women in the industry, what can we do to expand our reach to end-users or entrepreneurs who would be the last to embrace this technology? How can we improve our search for talent to cover universities and geographies that we wouldn’t normally look to?  Comparatively, there are relatively few women and people of color in the C-suite of blockchain companies or inside institutions leading their blockchain journey. According to a report by Deloitte, the global fintech…

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Diversity and Inclusion in Blockchain and Crypto: The Gender Aspect

When we talk about financial inclusion, we have to think about inclusion for whom, in what context, and what inclusion itself means. One of the common answers when thinking about who needs to be “financially included” is “most currently unbanked people, who should ideally have access to commercial banking systems.”  But it’s not as simple as just asking, “How do we get unbanked people into the banking system?” because the banking system can be exploitative, and newly banked customers often wind up being the least-important customers or paying the highest…

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It Is Time for Blockchain to Prioritize Diversity and Inclusion

The lack of gender and racial diversity in the tech space is no longer a “secret.” According to data from Statista, while the percentage of employed women across all job sectors in the United States has grown to 47%, the five largest tech companies on the planet — Amazon, Apple, Facebook, Google and Microsoft — have a workforce of only about 34.4% women. This misrepresentation extends to the C-suite as well, with 31% of large tech companies lacking any women of color as executives. It’s clear that the tech workforce…

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Blockchain Welcomes All, but General Tech Industry Lacks in Diversity

Financial inclusion is often cited as a reason for the pursuit of crypto and blockchain innovation. With gatekeepers monopolizing the global financial scene, several disenfranchised demographics have seen themselves cut off from viable channels of economic prosperity. Crypto and blockchain products are increasingly opening up international payment corridors, ensuring the democratization of global economics. Other platforms are creating solutions aimed at solving long-standing developmental issues in historically disenfranchised regions such as Africa. As an intrinsically open ecosystem, crypto and blockchain innovation continues to spread to different corners of the world,…

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Challenges and Opportunities on the Road to Diversity and Inclusion in Crypto

Last week, Cointelegraph organized another episode of “CT Talks” dedicated to addressing challenging issues in the crypto and blockchain space: on diversity and inclusion. The blockchain space is known for openness, transparency and a strongly liberal environment, but our industry does not always demonstrate these values. During the panel, several ideas were discussed on how the crypto industry’s intrinsic openness can be highlighted in our daily work and life.  Amplifying diverse voices and encouraging public commitment was the answer of Sheila Warren, head of blockchain, digital assets and data policy…

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Cointelegraph Talks to Dive Deep Into Inclusion and Diversity in Crypto

Cointelegraph Talks’ third event kicks off at 1 p.m. EST on Tuesday, with the event set to tackle the issues of gender and diversity in the crypto sector. The hour-long discussion will be hosted by Cointelegraph managing editor Kristina Lucrezia Cornèr and include a panel featuring three of crypto’s most-influential women: the World Economic Forum’s head of blockchain, digital assets and data policy, Sheila Warren; Stellar Development Foundation’s CEO and executive director, Denelle Dixon; and Avandis Consulting’s founder and managing director, Anino Emuwa. The event will be streamed free of charge on Twitter, Facebook and YouTube, with…

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Diversity and Inclusion Major Themes at Hyperledger Global Forum 2020

Hyperledger Global Forum 2020 took place March 3-6 in Phoenix, Arizona, bringing together hundreds of attendees from the Hyperledger community. While enterprise blockchains, open-source projects, and other subject matters were discussed, diversity and inclusion served as the underlying theme of the conference. Fortune 500 consulting firm, Accenture, sponsored a diversity happy hour on the opening night of Hyperledger Forum. This event served to raise awareness for inclusion in the blockchain space. Accenture’s global marketing director for blockchain and multi-party systems, Allisa Worley, told Cointelegraph that a desire for diversity and…

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