Opinion


Opinion

Stablecoin Legislation Must Respect the Dual-Banking System

The Lummis-Gillibrand stablecoin bill subordinates state regulation to federal control, giving Washington too much power as to which entities can issue these important digital assets, say Jack Solowey and Jennifer J. Schulp at the Cato Institute.

U.S. Senators Kirsten Gillibrand (D-N.Y.) and Cynthia Lummis (R-Wyo.) (Shutterstock/CoinDesk)

Opinion

DePIN for the Win: Spreading the Benefits of the Gig Economy

Community protocol networks that coordinate hardware-based services with tokens promise an upgrade in efficiency and fairness, says Ivo Entchev, a partner at Youbi Capital.

Teleport, a decentralized car-sharing service competing with Uber, is one example of a DePIN.

Finance

Crypto for Advisors: The Professionalization of Crypto

The professionalization of crypto is here, whether it’s tokenized securities, crypto-forward financial products from the world’s largest asset managers or platforms that help financial advisors access this new market directly.

(Lisa Yount/ Unsplash)

Consensus Magazine

Samourai Wallet Charges Raise Existential Questions for Privacy Tech

Co-founders Keonne Rodriguez and William Lonergan Hill are charged with money laundering related to the privacy-protecting wallet.

Profiting from a crypto mixer is likely illegal, experts say. (Wikimedia Commons)

Opinion

The FTC’s Non-Compete Ban Is Good for the Crypto Industry

Employment contracts that stop free movement of labor conflict with an innovative industry’s open-source ethos, says Linda Jeng, CEO of Digital Self Labs, a Web3 advisory firm.

(Gabrielle Henderson/Unsplash)

Consensus Magazine

Do Kwon's Huge Fine Shows the SEC Is Ratcheting Up Penalties Against Crypto Firms

Suggested fines the securities watchdog suggested for Terraform Labs and Ripple are out-of-line with what it has collected from crypto firms in the past.

A U.S. jury began deliberating in the civil trial against Do Kwon and the company he co-founded, accused of fraud by the Securities and Exchange Commission. (CoinDesk TV and Jesse Hamilton/CoinDesk)

Opinion

Your Crypto Project Needs a Sheriff, Not a Bounty Hunter

Avi Eisenberg’s centi-million dollar exploit of the decentralized Mango Markets trading platform revealed the perverse incentives of bug bounties.

Still from Sergio Leone's 1965 classic spaghetti western "For a Few Dollars More," where Clint Eastwood plays an antihero character with an unorthodox sense of justice. (Wikimedia Commons)

Markets

Why Base Chain Has Potential to Lock the Next Generation of Crypto Users

The next era of Web3 will be defined by the ability of projects to attract and retain users, says Kelly Ye of Decentral Park Capital. Coinbase’s Ethereum Layer 2 is showing the way forward.

Santa Monica Pier

Finance

Why Asset Tokenization Is Inevitable

On-chain real-world assets and the integration of wallet infrastructure will replace intermediaries and become standard in the modern asset management lifecycle, says Mehdi Brahimi, head of institutional business at L1.

(Abraham Barrera/Unsplash)

Opinion

How a Conservative German Bank Offering Crypto Makes Sense

Germany is a relatively conservative financial market, and landesbank are among its most conservative institutions. So what is the country’s largest landesbank doing launching crypto services? Noelle Acheson explains.

German bank LBBW and Bitpanda partners to offer crypto custody services. (Bitpanda)