August 10, 2022
While the action raises philosophical implications for the battle over privacy online, more immediate effects raise serious questions about the resilience of Ethereum’s decentralized finance ecosystem.
November 02, 2021
The Treasury-led President’s Working Group on Financial Markets (PWG) issued a long-awaited 22-page report on stablecoins that explores risks associated with stablecoins and makes recommendations on how to best mitigate those risks.
October 29, 2021
On Thursday, the Financial Action Task Force (“FATF”) issued its long-awaited finalized guidance on virtual asset service providers (“VASPs”), giving additional clarity on the characteristics that would qualify an entity as being defined as a VASP.
October 08, 2021
As regulators continue to jostle for jurisdiction, lawmakers in Washington are bogged down with fights on several fronts that threaten to derail major crypto-related action.
August 10, 2021
In this report, we review the timeline of events, breakdown our view on the language in the bill, and discuss the implications, both good and bad.
August 02, 2021
A bipartisan infrastructure bill making its way through Congress contains broad language that would subject swaths of the cryptocurrency industry to IRS reporting regulations, including entities that would be pragmatically unable to comply.
July 30, 2021
In this report, we explain the history of the travel rule, examine how the rule is implemented in traditional markets, and explore what it means for crypto.
June 23, 2021
Since China’s FSDC announced a new effort to “crack down on bitcoin mining and trading”, regulatory action against Chinese miners and trading firms has accelerated at both the national and provincial levels.
June 10, 2021
On May 7, Colonial Pipeline’s billing system was hacked, leading to suspension of service and gasoline shortages across a broad swath of the Southeastern US.