A nearly-completed text of MiCA (The European Union’s Markets in Crypto Assets) regulations has leaked, and it is going to be brutal. How brutal is yet unknown, but lawmakers seem to be happy with their work. Continue Reading →
regulation
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Monday, the SEC filed a federal lawsuit against crypto influencer Ian Balina for his failure to register a cryptocurrency as a security before launching a 2018 initial coin offering (ICO). Not an unusual lawsuit; the SEC is in the practice of suing purveyors of ICOs it believes fall under its jurisdiction. However... Continue Reading →
President Biden’s March 9 Executive Order (EO) on Ensuring Responsible Development of Digital Assets outlined the first whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology. Continue Reading →
Russia is advancing its crypto strategy to circumvent Western sanctions. Unable to access dollars or euros, the country may turn to stablecoins to make payments with "friendly countries," according to Russian state news agency Tass. Continue Reading →
A new notice from the U.S. Office of Government Ethics (OGE) prohibits any federal government employee who owns cryptocurrency from working on federal crypto regulation. This includes employees at The White House, The Federal Reserve, and The Department of the Treasury. Continue Reading →
According to the WSJ, the Financial Accounting Standards Board (FASB) doesn’t have plans to review accounting or disclosure for NFTs. Instead, it will conduct research on how to account for and disclose digital assets that don’t carry ownership rights, such as cryptocurrencies. Continue Reading →
The interweb is buzzing with speculation that President Biden will sign an executive order sometime this week to provide guidance to multiple federal agencies regarding possible regulatory changes for cryptocurrencies. The order has been in the works since 2021. Continue Reading →
In an effort to help clarify where news posted on Facebook is originating, Facebook announced that it will place labels on posts from state-controlled media outlets. Continue Reading →
Imagine a universe where Twitter is fully regulated, an alternative Twitterverse. This is not a place that will ever exist, but sometimes it's helpful to simplify complex issues to help think them through. What would your perfect Twitterverse be like? What rules and regulations would have to exist? Would the world be a better place if your imaginary Twitterverse existed, or would it just present us with a different set of complex issues? Continue Reading →