The news is buzzing: Trump overturned that IRS DeFi broker rule. Good riddance, I say! It was an obvious regulatory overreach that would’ve gotten the baby DeFi space stifled in its cradle. I’m not going to campaign for any politician. Rather, allow us to paint a picture of what this...
It's official. The ink is dry. The US just made a giant step toward establishing itself as the undisputed king of the blockchain. There’s more to Trump’s crypto bill than legislation. Unexpectedly, critically, it boldly and clearly communicates America’s intent to be the world’s home for the greatest concentration of...
The world of cryptocurrency is a new frontier, with innovation at lighting speed that brings new opportunities and threats every day. Charting a course through this volatile and rapidly changing landscape demands a subtle touch as regulators seek to promote innovation while safeguarding investors. Recently, Acting SEC Chair Uyeda proposed...
The SEC’s shadow indeed looms large over the NFT space, and to be honest with you, it’s a good thing! We need investor protection. Nobody wants another crypto-style ICO boom, where projects disappeared overnight with investors’ cash. Rug pulls, wash trading to inflate prices artificially. A lack of transparency in...
U.S. lawmakers are intensifying their efforts to establish clear regulations for the burgeoning crypto industry, currently valued at $2.7 trillion. On April 9, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence convened a timely hearing. This challenge marks the start of a new wave...
Frax, a decentralized stablecoin protocol that’s been stirring up quite the ruckus within the DeFi world, has brought on Vince Dowdle, former head of product at Mastercard. This 180-degree turn marks the increasing trend of traditional finance executives joining the decentralized finance space. It’s a sign that the long-anticipated connection...
The Justice Department's decision to effectively dismantle its cryptocurrency enforcement team, the National Cryptocurrency Enforcement Team (NCET), is being framed as a move toward "freedom" and innovation. They claim the DOJ is not in fact a digital asset regulator. Yet, from my perspective here in Accra, I too find it...
The allure of DeFi is undeniable. A world where anyone, everywhere, with nothing more than an internet connection can have access to all the world’s financial services – that’s an exciting vision. Let’s not allow ourselves to be swept away by the idealistic vision. Will this revolution make everyone better...
The future isn't coming. It's here. And it's wearing a blockchain. We're not just talking about incremental improvements to the existing financial system, we're talking about a paradigm shift. The old worlds of traditional finance and their systems and gatekeepers are about to be shaken up. It will be as...
Vince Dowdle's jump from Mastercard to Frax Finance isn't just a career move. It's a seismic shift in the financial landscape. It's not just about one guy changing jobs. It's about finance itself being redefined. You might think, "So what? Another executive joins a crypto company." Dig deeper. This topic...
