10 Questions
Which of the following agencies in the United States is primarily responsible for regulating securities, including certain cryptocurrencies?
SEC
What is a key feature of Proof of Stake (PoS) compared to Proof of Work (PoW)?
PoS selects validators based on the number of tokens they hold.
Which regulation in the European Union focuses on data protection and privacy?
GDPR
A 51% attack refers to:
A scenario where miners control 51% or more of the network's hash rate.
Which of the following is NOT considered a common threat to blockchain security?
Secure coding standards
Zero-knowledge proofs in blockchain are used to:
Verify transactions without revealing underlying data.
What is the primary goal of Anti-Money Laundering (AML) regulations in the context of blockchain?
To prevent illegal activities and money laundering.
Which country has implemented a ban on cryptocurrency exchanges and ICOs while promoting blockchain technology for specific use cases?
China
Environmental concerns with blockchain technology are primarily associated with:
The high energy consumption of Proof of Work.
Financial inclusion through blockchain technology aims to:
Provide financial services to unbanked and underbanked populations.
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