Mayor Eric Adams notoriously can’t get enough of the camera. In his mind, it’s all part of his plan to make New York City the crypto capital of the world. A crypto-focused summit, pledges for financial inclusion… it all seems very progressive. Hold your horses for a moment. The big...
At present, U.S. policymakers are reconsidering their approach to the digital asset sector and how best to regulate it. This decision makes sense as the industry grapples with its growing pains and a changing landscape. That’s why the securities industry is currently advocating for a technology-neutral regulatory framework. They call...
The crypto world is a wild west. We've all seen the headlines: scams, rug pulls, and enough volatility to make a seasoned Wall Street trader queasy. For as long as crypto has existed, many in the community have celebrated their decentralization, freedom from traditional finance values. This hands-off approach has...
Let’s face it, crypto custody is the Wild West these days. Hacks, rug pulls, and regulatory uncertainty continue to plague the industry. You know, you hear the horror stories and you really start shying away from putting any real money in serious digital assets. The SEC is attempting to tame...
Bugger all the politicking, the Securities Industry and Financial Markets Association (SIFMA) just dropped some big crypto regulation realness on D.C. They support extending the reach of existing securities laws into the digital asset space. This can stand in stark opposition to calls for entirely new frameworks designed exclusively for...
In doing so, New York City is reclaiming its standing as a leader in what has long been a digital revolution. New York City mayor Eric Adams is leading this exhilarating change. Now he’s doubled down on the potential of cryptocurrency and blockchain technology. This impactful legislation seeks to position...
Mayor Adams' continued embrace of cryptocurrency for New York City feels less like visionary leadership and more like a high-stakes gamble with taxpayer money. The promise of this kind of innovation and economic growth is pretty exhilarating. A deeper dive reveals a number of surprising traps that would result in...
The market's buzzing. Bitcoin’s dancing with record highs, Ether’s vibing, hell, even Nasdaq’s doing a bit of a scamper. All due to the magic of this surprise US-China tariff haircut. Come on, deep down aren’t we all that shocked right now? Governments gonna govern, markets gonna react. What is surprising,...
The words hang in the air like the smell of roasting chestnuts in December. As comfortable as they seem, there is an undertone of trepidation. Is this radical leap into the future? Or is it a dangerous gamble of taxpayer dollars that could leave New Yorkers holding the bag? You...
DeFi lending protocols, such as Aave and Compound, are driving the recovery, showing a strong upward trend and gaining more market share. In terms of usage, these protocols have experienced fantastic expansion, as open borrows have skyrocketed by nearly 960% from Q4 of 2022 to Q4 of 2023. With crypto...
