The release from the Bank for International Settlements (BIS) has called for regulators to take swift, aggressive action to regulatory protect against damage in the crypto sector. This call to regulate isn’t happening in a vacuum, as U.S. Congress is debating proposed legislation to regulate stablecoins. We are glad to...
In short, the Bank for International Settlements (BIS) is alarmed. They see the crypto landscape, particularly DeFi, and they're flashing red lights about wealth inequality, investor protection, and risks to the traditional financial system (TradFi). Okay, we get it. Risks exist. Framing DeFi as a ticking time bomb is like...
Oregon’s choice to lead the SEC’s failed lawsuit against Coinbase makes this troubling fact all too clear. It is a shocking example and a clear reminder that innovation will sure lose out every time it’s pitted against regressive regulatory logic. The first and most direct impact affects Coinbase itself, and...
In fact, this action is remarkably similar to a case that the Securities and Exchange Commission (SEC) has since dismissed. This is a pretty remarkable action to take given the rapid shift of the SEC’s regulatory posture. As a result, the agency agreed to drop its original case against the...
Next, meet Waylon Wilcox, from Dillsburg, Pennsylvania. He’s the chap who recently plead guilty to avoiding taxes on millions he earned flipping CryptoPunks. At first glance, it’s terrible optics for the NFTs-and-blockchain-are-the-future crowd. One more headline playing into the crypto stereotype as a Wild West shadowy, shady underbelly. This actually...
The headlines are buzzing: China’s government is sitting on a mountain of seized cryptocurrency. That feels like something you’d read in a dystopian fiction book, right? It's real. Well, if you’re in the crypto space, or thinking about it, you should be, and this is something you really need to...
Believe me, this ain’t your usual changing of the guard. It’s a potential paradigm shift, a rare opportunity to bring a little bit of that long overdue pragmatism into the wild west that is cryptocurrency. So let’s try to put the partisan bickering below us. This isn’t a left or...
The regulatory landscape for cryptocurrencies in the United States is poised for a significant shift with the potential appointment of Paul Atkins as the new Chair of the Securities and Exchange Commission (SEC). This points to a potential reversal from the current leadership’s inflexible anti-enforcement approach. This represents a significant...
Okay, let's be real. So when I heard for the first time that Trump was getting further into crypto, I was skeptical. So needless to say, the concept of a “Monopoly-style” game intrigued me! This is the same dude who recently called Bitcoin the “synthetic currency” a “scam against the...
Meanwhile, China has made an all-out assault on crypto especially Bitcoin, entirely illegal. Ironically, it is now local governments that are tasked with storing millions of dollars in seized Bitcoin. This surprising turn of events produces a confusing legal, ethical, and financial tangle. It raises an alarm to critical debates...