If Musk wants to build an instant cross-border network, he’ll find central bank real-time systems have moved on quite a bit since his days at PayPal, says J.P. Koning.
USDC Boasted Transparency but It Didn’t Help When Silicon Valley Bank Got Into Trouble
The stablecoin offers greater transparency than competitors like Tether, but, unfortunately, that proved of little value as it was de-pegged during the recent banking crisis, says JP Koning.
The Pluses and Minuses of Regulating Crypto as Gambling
Let’s face it, a lot of crypto trading is more like gambling than investing. So why not regulate the industry that way? JP Koning says there are benefits and demerits to the idea.
How Tether Can Be a More Stable Stablecoin
Tether, the world’s biggest stablecoin, has a problem. When the going gets tough, Tether users want out of Tether. What can the company do to change things?
Japan Was the Safest Place to Be an FTX Customer
As regulators look to regulate exchanges in light of the FTX’s collapse, they would do well to look to Japan, which has some of the most mature rules in the world, says our columnist.
Let’s Stop Regulating Crypto Exchanges Like Western Union
It’s time for U.S. crypto exchanges to face the same rules as non-crypto marketplaces and brokers, says our columnist.
Reversibility on Ethereum: The Benefits and Pitfalls
The equivalent of “chargebacks” on Ethereum would be controversial but would ultimately help the blockchain to become more useful.
How to Deal With Tornado Cash (Without Using Sanctions)
How to Stop Forsage, Meta Force and Other Smart Contract Pyramid Schemes
An SEC indictment notwithstanding, it’s not easy to taking down online pyramid schemes, says our columnist. Here are some ideas.
New York Regulators Have Planted a Seed for Stablecoin Transparency
New guidance from the New York Department of Financial Services should shake up how stablecoin issuers do attestation and other reporting, says our columnist.
What to Watch for in Tether’s Upcoming Attestation Report
The leading stablecoin project still hasn’t published its March report attesting to its reserves. Following Terra, investors have a right to more timely information, says our columnist.
Why We Need Crypto Payments to Work
One word: competition. This op-ed is part of CoinDesk’s Payments Week.
Don’t Blame Crypto for Corruption
An IMF study that suggests crypto is facilitating corruption is off target.
The Ramps Killing Bitcoin’s Dissident Thesis
Why does crypto work for Russian ransomware, but not the Ottawa truckers?
The Case for Taxing Proof-of-Work
Most bitcoiner owners aren’t cypherpunks and don’t require an energy-intensive consensus mechanism. A tax would shift them on to sensible alternatives.
What Happens if All Stablecoin Users Have to Be Identified?
If the U.S. reins in pseudonymity in stablecoin transactions (as seems possible) there could be big implications for the crypto industry, says our columnist.
What Tether Means When It Says It’s ‘Regulated’
Representatives say the $25B stablecoin is “regulated” but the issuer doesn’t look like a financial institution bound by norms and laws.
FinCEN’s Crypto Rules Aren’t as Unfair as Jack Dorsey Says
Crypto companies complain about FinCEN’s new “unhosted wallets” proposal. But the rules aren’t unreasonable, says our columnist.
We Don’t Need the OCC’s ‘Political Discrimination’ Rule
A proposed OCC rule would stop banks from using political criteria in lending. But we don’t need it, says our columnist.
The Dark Future Where Payments Are Politicized and Bitcoin Wins
If the payments system ever becomes seriously politicized, Bitcoin’s apolitical nature could become more appealing. But that’s not a scenario worth looking forward to.