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www.sygna.io
| | www.moneyandbanking.com

On December 20, one of us (Steve) engaged in a debate with Professor Peter Conti-Brown of the Wharton School on whether crypto should face federal financial regulation. Hosted by the Hutchins Center on Fiscal and Monetary Policy at Brookings, and moderated by Kelly Evans of CNBC, you can watch the one-hour debate here. We found both the questions and the discussion very enlightening. In this post, we will summarize our views, as well as those of Professor Conti-Brown.
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| | omarmetwally.blog

The Honorable Elizabeth WarrenUnited States Senate309 Hart Senate Office BuildingWashington, DC 20510 December 22nd, 2022 Dear Senator Warren: Senate Bill "Digital Asset Anti-Money Laundering Act of 2022" (DAAML) promulgates the regulation of various agents in the digital asset ecosystem toward the goal of preventing the use of distributed ledger ("blockchain") technologies in money laundering, financing...
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| | www.cftc.gov

Today the Commodity Futures Trading Commission (CFTC) announced the filing of a proposed consent order in its litigation against three affiliated entities of the cryptocurrency exchange Binance, Binance's founder and chief executive officer (CEO) Changpeng Zhao, and former Binance chief compliance officer (CCO) Samuel Lim. Pending approval by Judge Manish S.
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| | hbr.org

Web3 is being touted as the future of the internet. The vision for this new, blockchain-based web includes cryptocurrencies, NFTs, DAOs, decentralized finance, and more. It offers a read/write/own version of the web, in which users have a financial stake in and more control over the web communities they belong to. Web3 promises to transform the experience of being online as dramatically as PCs and smartphones did. It is not, however, without risk. Some companies have entered the space only to face a backlash over the environmental impact and financial speculation (and potential for fraud) that comes with Web3 projects. And while blockchain is offered as a solution to privacy, centralization, and financial exclusion concerns, it has created new versions of ma...
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