The Need for a Federal Alternative to State Money Transmission Licensing
A plan for policymakers to clear one of the biggest obstacles to financial innovation.
The several states rather than the federal government are the primary regulators of money transmitters. State-by-state money transmission licensing is inefficient because transmitters provide a networked good that inherently crosses...
The ULC’s Model Virtual Currency regulation has been introduced in Hawaii & Nebraska.
Earlier this month, State Senator Mike Gabbard introduced the Uniform Regulation of Virtual Currency Businesses Act in the Hawaii legislature. We worked with the Senator on this initiative and are...
How the SEC and CFTC can address cryptocurrency while preserving US innovation
By all indications the agencies are taking the right approach. Here’s how they can take it a step further.
The chairmen of the CFTC and SEC, Christopher Giancarlo and Jay Clayton, have co-authored an op-ed published in the Wall Street Journal today about what their agencies are doing in...
The SEC and CFTC are taking the right approach to ICO scams.
The agencies clarified their strategies in a joint statement issued today: "When market participants engage in fraud under the guise of offering digital instruments – whether characterized as virtual currencies,...
A new study finds less than 1% of Bitcoin transactions to exchanges are illicit.
Elliptic, a UK firm that provides blockchain analysis tools for law enforcement, has released an analysis of the global market for money laundering through Bitcoin. Based on available blockchain forensic...
We talked with the CFTC, Politico, and NPR about why cryptocurrency matters.
The CFTC has jurisdiction over the trading of futures on decentralized cryptocurrencies like Bitcoin and Ethereum . A critical part of Coin Center’s mission is to help regulators understand the...
Making sense of Lightning network nodes and money transmission licensing
An update on Coin Center’s work to avoid unnecessary regulatory burdens on technologists.
The Lightning Network seems to be getting closer to production. This is a promising scaling solution that could greatly reduce the cost, latency, and energy use of Bitcoin transactions. We...
CGTN The Heat: The phenomenon of Bitcoin
Peter Van Valkenburgh engaged with cryptocurrency skeptics on a news debate show.
Coin Center statement on Long Island money laundering arrest.
All we have to go on so far is the unsealed indictment, which does not mention cryptocurrencies, and the statements of the prosecutor. Based on what we know so far...
How Bitcoin could drive the clean energy revolution.
The system’s economic incentives favor clean, renewable, energy.
Bitcoin’s recent incredible price increases have come along with equally sensational headlines about its energy usage. There are plenty of reasonable voices out there; I particularly recommend Ars Technica and...