Coinbase has been targeted by U.S. regulators in a new lawsuit Tuesday that alleges the cryptocurrency platform is operating as an unregistered securities platform and brokerage service. The lawsuit …
The Stifling of the U.S. Crypto Innovation Ecosystem has Begun – While the EU Takes the Lead Globally
Binaries fractures - individuals and institutions presented with a choice between different polarities instead of being able to align along a median - is a theme from the OODA Almanac …
Regulation Kills off Another Exchange as Paxful Shutters
The regulatory challenges in the US have killed yet another crypto exchange, Paxful. The CEO announced the shutting down of operations. Ray Youssef, the Chief Executive Officer of Paxful, announced …
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With Coinbase Investigation and $100M Settlement, New York is the Tip of the Crypto Regulatory Spear
Background The Global Crypto and Digital Currency Initiatives Series is our mechanism for tracking the global adoption rate of these technologies and platforms - and their long-term impact on the …
Bipartisan Bill Aims to Prevent Money Laundering via Cryptocurrency Companies
Capitol Hill continued its pursuit to impose regulations on the digital asset market following the fall of prominent cryptocurrency trading platform FTX and the misuse of consumer assets, with Sens. …
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New York becomes first state to restrict cryptocurrency mining
New York Gov. Kathy Hochul (D) on Tuesday signed a law temporarily restricting cryptocurrency mining in the state over environmental concerns, making it the first state nationwide to implement such a …
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Here’s how the CFTC could prevent the next FTX
FTX declared bankruptcy this month with $900 million in assets against $9 billion in liabilities. Its founder and former CEO, Sam Bankman-Fried, is being questioned by police in the Bahamas, and many …
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Crypto’s Free Rein May Be Coming to a Close
Regulation is coming for crypto. After more than a decade when cryptocurrencies and related technologies have surged, boomed, and busted in a regulatory vacuum, lawmakers in both the US and Europe are …
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Time for Crypto to Make Nice With Regulators
If you still think cryptocurrency can thrive best within the ambiguous, ill-defined, geographically varied and relatively lax regulatory system, you haven’t been paying attention. With the spectacular …
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On the Dangers of Cryptocurrencies and the Uselessness of Blockchain
Earlier this month, I and others wrote a letter to Congress, basically saying that cryptocurrencies are a complete and total disaster, and urging them to regulate the space. Nothing in that letter is …
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