Blockchain

Doltish Regulators Use SVB To Attack Crypto In Nonsequitous Fashion

March 28, 2023 | Roslyn Layton

This piece was originally published in RealClearMarkets. The failure of tech-heavy Silicon Valley Bank (SVB) and the initial uncertainty over its causes led to public fear of contagion to other banks simply because of the raw numbers — $212 billion in assets, including the high-dollar deposits of some of the most prominent tech start-ups. But

February 7, 2023 | Luke Hogg

Click here to download the full report in PDF format. Executive Summary Our current online ecosystem is dominated by targeted advertisements. Companies collect troves of information about their users and use that information to monetize otherwise-free services, such as social media platforms and search engines. The inescapability of this system has led policymakers to question how the

December 19, 2022 | Luke Hogg

This piece was originally published in The Hill. Congress’s frustration with the cryptocurrency industry was on full display last week when the House Financial Services Committee held a hearing to investigate the collapse of FTX. Lawmakers on both sides of the aisle are fed up with fraud and malfeasance among crypto companies, making it all but

November 21, 2022 | Luke Hogg

This piece was originally published in Cointelegraph. On Nov. 11, while the rest of the country was celebrating Veteran’s Day, Sam Bankman-Fried announced that FTX — one of the world’s largest cryptocurrency exchanges by volume — had filed for bankruptcy. Lawmakers and pundits quickly latched onto the rapid disintegration of FTX to call for more regulation

October 14, 2022 | Ariel Deschapell

This piece was originally published in Bitcoin Magazine. The idea that Bitcoin lacks innovation compared to other cryptocurrencies is pervasive, but is it true? The Bitcoin protocol undergoes significant changes much more slowly than other cryptocurrencies, the latest, of course, being the implementation and activation of Taproot. But this is a feature, not a bug. As the foundation

Would You Die for the DAO?

August 5, 2022 | Antonio García Martínez

This piece was originally published on Substack. Alas!Lonely sits the cityOnce great with people!She that was great among nationsIs become like a widow;The princess among statesIs become a thrall. -Lamentations 1:1 Recently, I experienced a social novelty. Anna Gát, founder of a roving social club and literary salon named Interintellect, very graciously invited me to one of

The Right to Never Be Forgotten

August 1, 2022 | Antonio García Martínez

This piece was originally published on Substack. Therefore whatever you have said in the dark shall be heard in the light, and what you have whispered in private rooms shall be proclaimed on the housetops. -Luke 12:3 Web 3 is the reverse of web 2 in severals ways, and that ‘flippening’ can be disorienting. Take the

May 9, 2022 | Luke Hogg

The United States has long been a global leader in innovation. The birth and growth of new distributed ledger technologies (DLT) is one area in which the strength of American inventiveness and entrepreneurial spirit has spawned a technological sea change. But the United States cannot afford to become complacent as global rivals work to develop

January 5, 2022 | Luke Hogg

The Senate Banking Committee met late last year to discuss stablecoins. Among others, Chairman Sherrod Brown (D-Ohio) and Sen. Elizabeth Warren (D-Mass.) voiced strong criticisms of stablecoins and decentralized finance (DeFi). Few likely expected the hearing to yield concrete policy proposals. That was until Ranking Member Pat Toomey’s (R-Pa.) opening remarks. A noted advocate for

November 23, 2021 | Brandon Detweiler

Due to lack of clarity on regulations from the SEC, and not being publicly open and supportive of the innovation happening in the crypto space (especially DeFi) the US is already missing the opportunity to advance what America has always been…the country where entrepreneurship, innovation, and advancement overflow and the GO-TO place for the greatest inventors, technologists, and innovators from around the world, bringing ever growing prosperity to all. It’s time to stop trying to apply laws that are almost 100 years old and embrace the future.

November 19, 2021 | Luke Hogg

A new interagency report from the President’s Working Group (PWG) on Financial Markets regarding stablecoins was intended to provide policymakers a clear path forward in handling this fledgling industry. Instead, it raises more questions than it answers. The report does an excellent job of laying out the benefits and risks of stablecoins to financial markets

October 27, 2021 | Luke Hogg

Innovative and disruptive technologies are often confusing by their very nature. Without some prior frame of reference, understanding whether and how to regulate these technologies can be even more challenging. Nowhere is this phenomenon more clear than with cryptocurrency and other digitally native financial assets. A new high level policy proposal from one of the

April 12, 2021 | Ariel Deschapell

Today, Lincoln Network, in conjunction with four other co-authors, submitted formal comments to the Securities and Exchange Commission (SEC) in response to the questions posed within the Policy Statement on the Custody of Digital Asset Securities by Special Purpose Broker-Dealers. In our formal comment, we address industry best practices related to custody of digital assets,