The recent decision by the U.S. Department of Labor (DOL) to rescind its 2022 compliance release that discouraged fiduciaries from incorporating cryptocurrency options in 401(k) plans marks a major turning point in the investment landscape. Historically treated with skepticism, digital assets have finally received a breath of fresh air—opening the doors for myriad opportunities in
Regulation
The U.S. Securities and Exchange Commission (SEC) is taking noteworthy strides towards integrating blockchain technology into the financial landscape. Last week, the SEC’s Crypto Task Force convened discussions with key players like Nasdaq, Plume Network, and Etherealize. The conversations centered around the potential of public blockchains in the issuance and trading of tokenized securities—a shift
In the rapidly changing landscape of digital currencies, Tether’s CEO Paolo Ardoino recently revealed the company’s interest in launching a domestically issued stablecoin catering to the United States market. This announcement arrives at a pivotal moment, as the U.S. government pushes forward with the introduction of the Guiding and Establishing National Innovation for US Stablecoins
The recent release of the Bitcoin Policy Institute’s 21-page strategic framework marks a pivotal moment in the evolving relationship between Bitcoin and the U.S. economy. Known as the “Bitcoin Policy Manifesto,” this ambitious blueprint, spearheaded by Zack Shapiro, urges U.S. policymakers to embrace Bitcoin not merely as a financial asset but as a crucial component
In a groundbreaking move that could potentially reshape the very foundations of our financial landscape, Robinhood has put forth a comprehensive proposal to the U.S. Securities and Exchange Commission (SEC) advocating for a federal framework to regulate tokenized real-world assets (RWAs). This initiative emerges from the realization that a staggering $30 trillion market is ripe
The U.S. Securities and Exchange Commission (SEC) under Chairman Paul Atkins is embarking on a radical transformation that could potentially reshape the entire landscape of digital asset regulation. In a recent address, Atkins made it apparent that the SEC intends to move away from its former “shoot-first-and-ask-questions-later” approach towards a more constructive framework. This significant
In a rapidly evolving digital landscape, the introduction of the Markets in Crypto Assets Regulation (MiCA) heralds both potential benefits and serious pitfalls. Ostensibly aimed at protecting investors and instilling a sense of order in the chaotic world of cryptocurrency, MiCA’s heavy-handed regulatory approach raises critical concerns among innovator circles. Will it, in fact, fortify
The cryptocurrency landscape has always been characterized by its wild unpredictability and the trust deficit it harbors among the general public. As a center-right liberal, it pains me to witness how a space that promises unprecedented innovation has been weighed down by fraud, market manipulation, and a general atmosphere of suspicion. The narratives surrounding cryptocurrencies
The recent guidance issued by the US Securities and Exchange Commission (SEC) marks a pivotal step in the evolution of digital assets in institutional finance. On May 15, the SEC unveiled updated FAQs that promise to enhance the engagement of broker-dealers and transfer agents with cryptocurrencies. According to SEC Commissioner Hester Peirce, though this guidance
In an era where financial innovation is often cloaked in skepticism, Cboe BZX Exchange’s recent filing for the Canary Staked TRX ETF stands out as a groundbreaking maneuver in the cryptocurrency sector. This proposal represents the first significant effort to register a US-based spot Tron ETF that offers staking rewards, which could have profound implications
