The headlines shriek with glee at the thought of Trump’s crypto-loving underbelly, building a cryptocurrency portfolio and releasing NFT collections. Beyond the glitz and the "digital trading cards," a more insidious threat lurks: the potential decimation of already fragile US financial regulations. Do we truly want to gamble our country’s...
Plus, Donald Trump, son of our good friend Steve Witkoff made a big splash in the crypto space. He’s the Middle East special envoy in the Trump administration. His path to that success started with the launch of Trump Digital Trading Cards Series 1, which made $19 million. His crypto...
The SEC's recent pause in its legal battles, particularly that Kentucky case involving 18 state attorneys general, might seem like a US-centric event. But believe me, it sends out ripples much farther than United States shores – especially to Southeast Asia. It goes far beyond just regulatory turf wars; it’s...
The cryptocurrency space is a vast, untamed, digital frontier full of promise and danger. New York Attorney General Letitia James is threatening to hold the state accountable. She calls on Congress to be bold and to provide accountability in this fledgling industry. Her plea for a federal framework underscores a...
The news out of Kentucky runs far deeper than a procedural pause. The lawsuit, which was brought by a bipartisan coalition of 18 state attorneys general, had been temporarily halted by a federal judge under the SEC’s motion. Ostensibly, it’s a temporary pause to test the waters. Stop the litigation,...
A federal judge has temporarily stopped one of the most significant lawsuits in years against the U.S. Securities and Exchange Commission (SEC). This development has led to much speculation regarding potential shifts in the regulatory environment surrounding cryptocurrencies. A coalition of 18 state attorneys general and the newly formed DeFi...
As Federal Reserve Chair Jerome Powell recently acknowledged, cryptocurrency is entering the mainstream. He thinks this momentum is driven in part by changing U.S. regulatory standards. Taken together, Powell’s comments represent a complete turnaround in the Federal Reserve’s position on cryptocurrencies.Individually, Powell’s remarks help lend additional legitimacy of the sector...
The regulatory landscape for stablecoins in the United States is shifting rapidly. This evolution has significant consequences for retail users, traders and investors, and the broader cryptocurrency ecosystem. Recent legislative developments have sent shockwaves. At the same time, Federal Reserve Chair Jerome Powell’s testimony suggests that we might not have...
Now we’re looking down the gun of a possible recession and the normal players have come out of the woodwork ready to provide answers. Regulation, that old reliable comforter, is once again being dangled as the magic cure for the crypto market. What if, in our hasty desire to regulate,...
The intersection of cryptocurrency and traditional finance is becoming increasingly complex, and Federal Reserve Chair Jerome Powell's recent statements provide a crucial glimpse into the Fed's evolving strategy. Powell's remarks underscore a clear emphasis on establishing a robust regulatory framework before fully embracing the innovative potential of digital assets. This...
