Epistemic status: I don’t even know what I’m doing here. Then again, neither does Elizabeth Warren.New cryptocurrency laws are likely coming in the U.S. whether the industry likes it or not. A salubrious outcome would be legislation that helps protect consumers withou
The failures that have occurred in the crypto space over the past year have led some voices in the ecosystem to prophesy that “regulation is coming,” and that it’s just what the crypto industry needs to mature and evolve.While I agree more regulation is needed a
What a difference a year makes. Towards the end of 2021, the crypto market was at an all-time high, reaching a market cap of $3 trillion. These soaring heights have been met in 2022 with painful lows because the crypto market has sunk to less than a third of its value from the pr
We frequently hear from regulators that they view most crypto assets as securities and, as such, those crypto assets need to be registered with the U.S. Securities and Exchange Commission if they are to be offered to the general public or held by more than 500 “retail&rdquo
Decentralized finance (Defi) is a rapidly growing subsector of the crypto industry, with its total value locked reaching an all-time high of $256 billion in 2021. However, along with this massive growth, there has been an increasing amount of exploits in the blockchain space.
Over the last several months, the American people and lawmakers in Congress have gotten a crash course on cryptocurrency. Unless something changes, they might think twice before enrolling in the next semester. The current environment represents an existential threat to digital as
The price of bitcoin (BTC) has had a healthy increase this month, but that leaves open questions about the durability of this rise and whether or not the price of bitcoin will continue to surge from this point forward.
Blue-chip crypto assets including bitcoin (BTC) and ether (ETH) have had a very nice 2023 so far, with BTC up roughly 36% since the New Year and ETH up close to 30%. There’s growing reason to think that “the bottom is in” for crypto markets, and some macroeconom
Greetings. I’m Glenn C. Williams Jr., and it's my pleasure to join as author of this newsletter.I come from traditional finance, where I covered the oil-and-gas sector as an analyst. My transition to digital assets has been informative and enjoyable. Because many readers he
A new Indonesian law that transfers crypto regulatory powers to the Financial Services Authority (OJK) from commodities watchdog CoFTRA indicates a shift in the country’s approach to policing the industry and an acknowledgement that there’s more to it than asset tradi
In the wake of FTX's shocking collapse, a new idea for regulating crypto has begun to take form: Let's regulate crypto like we regulate gambling.Todd Baker, a Senior Fellow at the Richman Center for Business, Law and Public Policy at Columbia University, recently writes that "cry
While the crypto industry at large generally looks forward to policy for clarity on things like what is a security and what isn’t, and also (hopefully( focus on weeding out bad actors like former FTX CEO Sam Bankman-Fried, regulations are seen as a necessary evil. That is,
“Why isn’t this a TV show already?!”This is a common question on Capitol Hill when it comes to crypto policy. Considering the zany characters (in politics and crypto), bombastic lines of questioning at congressional hearings, gaffes which turn into meme tokens a
The implementation of self-regulation is necessary in order for any industry to be healthy, irrespective of the decisions and laws of outsider rulemakers. Self-regulation can be described as the founding of institutions to safeguard trust and quality in an industry by monitoring,
The crypto collapses of 2022 spurred widespread fear that U.S. officials would soon clamp down on the industry, but don’t expect sweeping new crypto regulations anytime soon. As much as Washington, D.C., bigwigs might want to put crypto in a box, regulators should first get
Ethereum research and development firm Flashbots pitched its MEV-Boost middleware as a “public good,” and the software is now used by a majority of the validators that run the network. But recently revealed fundraising plans have opened Flashbots to criticism that it
“Is it still OK to get a physical Porsche tho?” said Alfonso (Fonz) Olvera, CEO of non-fungible token [NFT] ownership platform Tokenproof, on Twitter Tuesday morning.“Wen Kia mint? I’m sure I could afford that,” he joked in another tweet.
The collapse of crypto exchange FTX guarantees that crypto regulation will be on the U.S. legislative agenda for 2023 – at long last. Six bills were introduced in 2022, some broad ranging and others narrowly focused on various aspects of compliance or investor protection.It