The Federal Reserve has recently gone out on a limb. Its reverberations are rippling across the financial landscape, deeply affecting one of the most dynamic spaces, the burgeoning cryptocurrency industry. The Fed has rescinded its supervisory guidance letter to banks it supervises discouraging their participation in activities related to crypto-assets....
Did the Fed just open Pandora's Box? It certainly feels that way. The recent withdrawal of crypto guidance for banks – the rescinding of those 2022 and 2023 supervisory letters, the backing away from joint statements with the FDIC and OCC – screams one thing: the potential for a regulatory...
Paradigm's back in the game. And they're playing big. Smarting from their FTX investment, they’re fresh off the news that they’ve led a $50 million Series A for Nous Research. This company, though, is plunging in neck-deep into the shadowy realm of decentralized AI. Or, if they’ve lost that credibility...
We all know that the SEC is blindfolded and groping in the dark when it comes to regulating crypto. Hester Peirce’s “floor is lava” analogy strikes too close to home. While regulators play catch-up, a much more immediate and potentially dangerous game is unfolding: Donald Trump's foray into the world...
The cryptocurrency landscape was already dauntingly unstable before the FTX collapse. Shaping this already complicated moral thicket are significant and powerful political actors and regulatory agencies. The SEC is walking a very fine line in crypto right now. Counterbalancing this challenge are the likely impacts of characters such as Donald...
Moving forward, decentralized finance (DeFi) will need a much more differentiated regulatory approach. For these and other DeFi projects, a universal regulatory approach is not only impractical but ineffective. The Web3 ecosystem deserves well-defined guardrails that continue to allow for innovation and advances in building technology while protecting users. Uncertainty...
Remember the gold rush? Chaos, scams, and a few lucky winners. That's been DeFi for too long. The utopian ideal of a wholly unregulated online Wild West is a perilous delusion. Then it’s really time to trade our six-shooters in for smart contracts and smart regulations.Innovation Needs Guardrails, Not AnarchyWe've...
The cryptocurrency world is preparing for a new future. Still, the new SEC Chair has at least signaled an openness to reconsidering known regulations. This seemingly small move could have enormous implications for crypto investors, businesses, and the future of the digital asset ecosystem. DeliciousNFT.com is your source for what...
As Hester Peirce, one of the SEC’s own commissioners, puts it, trying to navigate today’s crypto regulations is like playing “Floor is Lava.” Floor is Lava! Let that sink in. The creators of that innovation playground, the same people responsible for maintaining a safe space for all, are waving red...
Finance’s move into GameFi genius or dangerous bet against regulators? Are we seeing the first glimmers of real democratized finance, or are we constructing tropical beach homes upon a whirring legal milieu? Let's dive in.Gaming Our Way To Financial Freedom?Ov Finance is betting big on a different approach. They’re convinced...
