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regulation

Let it burn

I sympathize with parts of the let it burn thesis. The thesis goes a bit like this: Crypto is mostly gambling. It provides very little of social val…

Six reasons why FTX Japan survived while the rest of FTX burned

[This is a reposting of my latest article for CoinDesk. Since writing the article, FTX has announced that it will be selling the few solvent subsid…

Let's stop regulating crypto exchanges like Western Union

[This was published last week at CoinDesk] The collapse of cryptocurrency exchange FTX has been gut-wrenching for its customers, not only those wh…

Improvements to stablecoin transparency

[This article originally appeared in CoinDesk. It explores some improvements to stablecoin transparency recently initiated by New York regulators. I…

Why stablecoins should not be regulated like Western Union

Here's an interesting bit of stablecoin trivia. Half of all Paxos stablecoins are currently lying inert in MakerDAO, a decentralized finance prot…

Stablecoin regulatory strategies

Critics of stablecoins often describe them as unregulated. But that's not accurate. Over the last few months I've been familiarizing myself w…
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