Opinion

Editorial opinions and perspective on Fintech.

Head of Blockchain and Crypto Research at Uphold Slams Ethereum: “A garden of Eden for hackers”

    “We still believe The Merge will not happen.” Dr. Martin Hiesboeck, Head of Blockchain and Crypto Research at Uphold – a trading platform, has issued a statement slamming Ethereum while hammering creator Vitalik Buterin for his erratic and emotional Tweets. Hiesboeck is of the… Read More

Letter Calls Crypto “risky, flawed, and unproven digital financial instruments,” Tells Policymakers to Act Now to Protect from Severe Risk

A group of “technologists” has published an open letter addressed to Congressional leaders asking them to push back on the narrative that crypto and Web3 are good for financial services. The “26 computer scientists, software engineers, and technologists” state in the “Letter in Support of… Read More

KYC, Identity Controls Might Reshape DeFi by Allowing Regulated Entitites to Participate: Report

The team at Alloy, which specializes in identity verification APIs that make KYC/AML “effective and simple,” has looked into how DeFi has evolved into a “major” sector of crypto without running KYC or AML checks on users. The Alloy team members have looked at “Permissioned… Read More

Lolli CEO Slams New York’s Crypto Mining Ban

The New York state legislature has approved a bill that would commence a moratorium on crypto mining operations. The bill was designed as an attempt to mitigate emissions caused by crypto mining which tends to be an energy-intensive process as servers compete to create and… Read More

Just the Beginning: Digital Asset Insider Trading Arrest Foreshadows More Enforcement Actions Coming

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

It was reported earlier that the US Department of Justice had announced its first arrest and pending case against an individual that utilized insider information to trade digital assets. A former OpenSea manager has been charged with leveraging his position and insider knowledge at the… Read More

Reg A+ Expert and Securities Attorney Sara Hanks: There are much better quality companies using Reg A now

Reg A+ is one of three exemptions created under the JOBS Act of 2012 that legalized online capital formation or securities crowdfunding. Reg CF (Regulation Crowdfunding) initially allowed issuers to raise just $1.07 million (now $5 million), while Reg A+ allowed firms to raise up… Read More

SEC Commissioner Peirce and CFTC Commissioner Pham Join in Calling for Progress on Decentralized Regulation

SEC Commissioner Hester Peirce and CFTC Commissioner Caroline Pham have partnered on an Op-Ed published this week in the Hill calling for progress on the regulation of decentralization. Alluding to possible friction between the two agencies as regulators jostle as to which sector of crypto… Read More

Small Business and Entrepreneurship Council Says Senator Klobuchar’s Tech Bill Will Hurt Small Business and Entrepreneurs

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement criticizing the legislation that is making its way through the Senate that takes aim at big tech. Led by Senator Amy Klobuchar, the bill entitled the “American Innovation and Choice Online Act” appears… Read More

Genesis Comments on Crypto Correlation as Markets Stumble

Noelle Acheson, Head of Market Insights at Genesis, has distributed some perspective on why crypto correlations spike during times of “uncertainty.” Markets have been in a tumble – both crypto and traditional markets have retrenched as fears of a looming recession along with Giga high… Read More

Secondary Trading in Crowdfunded Securities: Questions Asked & Answered

  Earlier this month, Crowdfund Insider held a webinar to discuss the trading of private securities. Crowdfunded securities fall in this category because any security issued online via a platform or directly must be an exempt offering. This means securities issued under Reg CF, Reg… Read More

UK: Chair of FCA Talks Crypto Regulation

This past week, Financial Conduct Authority (FCA) Chairman Charles Randell reviewed the challenges of securities regulation in a speech delivered at the Centre for Commercial Law Studies, Queen Mary University of London.  The FCA has played a key and vital role in enabling Fintech innovation… Read More

Famous Fintech Investor Nigel Morris Comments on Venture Funding Environment

The venture community is getting gloomy, chattering about deal volume, down rounds, and a dismal economy. From war in Ukraine, too much government spending, and rocketing inflation chased by the US Federal Reserve raising interest rates, things look bad. It does not help that markets… Read More

Following Collapse of Algorithmic Stablecoin TerraUSD, Tether Reassure Users with “Assurance Opinion”

As TerraUSD (UST), an algorithmic stablecoin imploded going to zero, reserve-based stablecoins rushed to stem the tide of concerns about contagion. Tether (USDT), the largest stablecoin in the market, has been hit with collateral damage due to the failure of UST. At the beginning of… Read More

Gemini Explains How Stablecoins Can Be Different, “Not All Created Equal”

The crypto ecosystem is a “diverse tapestry” of tokens, protocols, projects, and applications, the team at Gemini writes in a blog post. At Gemini, they believe in making crypto “more accessible and easier to understand as the industry continues to develop ever more quickly.” Knowledge… Read More

JOBS Act 4.0: Improving the Regulatory Environment for Entrepreneurial Capital Formation

Passed with large bipartisan majorities and signed into law by President Obama, the 2012 JOBS Act was a bipartisan achievement of consequence. The JOBS Act substantially improved the laws governing entrepreneurial capital formation and has had a measurable positive impact on entrepreneurial capital formation. But… Read More

Terra Stops/Starts Validators Again, LUNA Goes to Zero with TerraUSD Chasing it

The collapse of TerraUSD (UST), an attempt to create an algorithmic stablecoin, and the demise of LUNA has captured the attention of the entire crypto-sphere. Going from billions to almost nothing is a spectacular event. Inevitably there is a pile on of “I told you… Read More

Steve Ehrlich, CEO of Voyager Digital, Comments on Collapsing Crypto & Stock Markets. When Will the Pain End?

The past few weeks have been tough for investors. Both traditional markets and crypto markets have been battered. Expectations for much higher interest rates, aiming to mitigate crushing inflation, means the pain is here to stay – at least for a while. Regarding stock markets,… Read More

The Sky is Falling: UST Craters, Crypto Insiders Respond to “Death Spiral”

TerraUSD (UST) has lost its status as a stablecoin as it is now trading at $0.40 $0.35 having dropped to as low as $0.30 in the last 24 hours. UST’s collapse is the hottest story in crypto land as it was, until recently, touted as… Read More

All in on Crypto Enforcement: SEC Beefs Up Crypto Asset and Cyber Unit to Target Digital Asset Transgressions

Announced last week, the Securities and Exchange Commission (SEC) revealed its intent to step up its crypto enforcement actions with a newly renamed Crypto Assets and Cyber Unit doubling its headcount. The SEC outlined its reinvigorated mission as targeting digital asset offerings, crypto exchanges, lending… Read More

Commissioner Hester Peirce Questions Why SEC is Leading with Crypto Enforcement

Last week it was reported that the Securities and Exchange Commission (SEC) was doubling the size of its crypto enforcement team. The SEC also revealed that it had rebranded its Cyber Unit to the Crypto Assets and Cyber Unit to reflect its additional focus on… Read More

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