The Commodity Futures Trading Commission (CFTC) announced yesterday it had both filed and settled charges against three “decentralized finance” operations, Opyn Inc., ZeroEx Inc., and Deridex Inc. In the agency’s own language,…
Tag: Regulation
New Crypto Bill Aims To Circumvent SEC's Regulation-by-Enforcement Strategy
New bipartisan crypto bill would “create a federal regulatory framework.” Sens. Cynthia Lummis (R–Wyo.) and Kirsten Gillibrand (D–N.Y.) have introduced a proposal to regulate cryptocurrency, called the “Responsible Financial Innovation Act.” It’s…
SEC to Coinbase: Nice Crypto Exchange You Got There, It'd Be a Shame if Something Happened to It
Coinbase, which is by trade volume the largest cryptocurrency exchange in the United States, announced yesterday it had been hit by the Securities and Exchange Commission (SEC) with a threat of looming…
Sen. Pat Toomey on Cryptocurrency and FTX's Collapse
Former Sen. Pat Toomey’s time in Congress, which began in 1999 after he won a House seat in eastern Pennsylvania, officially ended on January 3 when the new Senate session began. Toomey…
Hester Peirce, Nic Carter: The Government vs. Cryptocurrencies
Today’s Reason Interview podcast has double the hosts and double the guests. Every Thursday at 1 p.m. Eastern, Zach Weissmueller and I host a live interview on Reason‘s YouTube channel. Today’s episode is…
Elizabeth Warren's Crypto Bill Targets Financial Freedom, Not Fraud
Beyond politically connected scammers and frothy valuations, the attractiveness of cryptocurrencies lies in their potential for doing what cash does, but across distances. When governments inflate money, people turn to other stores…
Governments Scramble To Manage, Regulate, and Throttle Crypto
On January 15, 2022, the Canadian government closed its borders to unvaccinated American truckers and began requiring domestic truckers to show proof of COVID vaccination when crossing northward, infuriating drivers and snarling…
Remy: Regulate (FTX Parody)
In the wake of the FTX meltdown and crypto price drops, Congress wants to make sure Remy makes good financial decisions…just like them.Parody of Warren G’s “Regulate” written and performed by Remy;…
Did Sam Bankman-Fried's Millions Buy the Media's Loyalty?
The public is only beginning to understand the full extent of alleged crimes committed by Sam Bankman-Fried (better known as SBF), a cryptocurrency entrepreneur who lost billions of dollars after his exchange,…
FTX Meltdown and the Future of Crypto: Live With Kraken Co-Founder Jesse Powell
When a cryptocurrency exchange holding $16 billion worth of customer deposits suddenly collapses, what does that portend for the future of the crypto industry? How did Sam Bankman-Fried, the 30-year-old founder of…