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...
I get it. Headlines scream at us about billions in losses to crypto scams. Celsius ripped off thousands, including New Yorkers. But I can't shake this feeling: are we about to throw the baby out with the bathwater? And even more importantly, aren’t we ignoring whose baby it is in...
AG James is right. It’s time for Congress to stop looking the other way on the crypto Wild West. The Celsius debacle, in which 26,000 New Yorkers alone lost a shocking $440 million, is just one painful example. Another $12 billion disappeared down the crypto fraud rabbit hole last year....
Tell us which of these innovations you’re most excited about… Isn’t it maddening to watch how legacy financial systems continuously underestimate the power of Southeast Asian SMEs?… They are the backbone of the region’s economy. Instead, they’re usually bogged down by inconvenient things such as bureaucracy, exorbitant percentage transaction fees,...
Emerging crypto regulations will undoubtedly impact how fintechs and SMEs interact with the digital asset space. At the forefront of this change is the EU’s Markets in Crypto-Assets (MiCA) framework. Though these final regulations create a host of new compliance challenges, they create new avenues for growth and innovation. Our...
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...
DOJ’s new memo, “Ending Regulation By Prosecution.” This initiative, propelled most notably by the Trump-era deregulatory blueprint, seems to take that pendulum too far. On the surface, it's about fostering innovation, but scratch beneath the surface and you'll find unintended consequences that could dramatically reshape Web3 – and not necessarily...
