Decentralized finance (DeFi) exploded into the public consciousness in 2020, as an ambitious offshoot of the cryptocurrency space that promised to revolutionize the world of financial services.
After two decades of dominating and reshaping our lives, “Big Tech” is finally looking weakened.According to Crunchbase, more than 46,000 staffers at U.S.-based tech companies lost their jobs in the first three weeks of 2023 alone, following a layoff tally of 107,000
As blockchain technology continues to develop over the coming years, cross-border payments will prove to be a game-changing use case. In order to grow, the industry needs user adoption while users will embrace a technology that fills an actual need. In many respects, stablecoins
A retail central bank digital currency (CBDC) has the potential to give authorities more information on users and their transactions as well as facilitate detection, supervision, monitoring and law enforcement efforts. However, this opens the central bank to criticisms that CBDCs
In settling a lawsuit in January with the U.S. Securities and Exchange Commission (SEC), the co-founder of crypto platform Nexo stated that he is “confident that a clearer regulatory landscape will emerge soon, and companies like Nexo will be able to offer value-creating pr
Cryptocurrency, as far as Gen Z is concerned, has a place in the future of finance. See the List: GOBankingRates' Best Banks of 2023Find Out: 3 Things You Must Do When Your Savings Reach...
There’s a legal saying that “bad facts make bad law.” Right now, crypto needs better facts. If crypto wants to resonate with policymakers, we should deemphasize the facts and narratives that threaten governments (down with fiat!) and the well-heeled (down with b
Coinbase’s fine for “very serious” breaches of Dutch crypto registration procedures reveals some of the many pitfalls the industry faces as it works towards operating within the regulatory fold.The charge sheet from the Dutch central bank (DNB) outlining its dec
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