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Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto

3 years 3 months ago
Yesterday, Nasdaq, the prominent, tech-forward U.S. stock exchange, announced it is calling off plans to launch a cryptocurrency custody service. The new business line, which would have been regulated as a special purpose trust in New York, was slated to launch in the second quar

Not All Crypto Custody Is Created Equal: Crypto Long & Short

3 years 3 months ago
In the last year, the failures of crypto companies like FTX, Celsius and BlockFi, as well as recent bank collapses, eroded belief in financial systems. A flight to safety has begun as investors of all sizes worldwide seek reliable and secure crypto storage. When investors approac

If DeFi Wants to Grow, It Has to Embrace Real-World Assets

3 years 3 months ago
With greater than $44 billion in total value locked, there’s no denying decentralized finance (DeFi) has been a big hit among cryptocurrency investors, providing an innovative new way for them to grow their wealth.The reason for DeFi’s success in crypto is it advantag

Ben McKenzie, the Hollywood Hypocrite Crypto Critic

3 years 3 months ago
Ben McKenzie, the former teen heartthrob who starred in “The O.C." and "Gotham,” jokingly refers to his somewhat recent career pivot as going from a “mid-level celebrity” to part-time crypto critic. A few years ago, at a time when many of McKenzie’s

Unpacking the Latest Lummis-Gillibrand Bill Draft

3 years 3 months ago
U.S. Senators Cynthia Lummis and Kirsten Gillibrand have developed a second draft of their comprehensive crypto regulation bill. Chances are slim that it will, as a single bill, advance to becoming a law, but it may still drive a broader conversation within Congress on what sort

Ripple's XRP Ruling Does Nothing for Regulatory Clarity

3 years 3 months ago
The reaction to last week’s court ruling on the sale of Ripple’s XRP token makes no sense. After a two-year legal battle instigated by the U.S. Securities and Exchange Commission, a judge ruled that XRP is an unregistered security when sold to institutional buyers but
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