Money Transmission Licensing is broken. Here’s how to fix it.
A federal alternative would give users an option that fits with internet businesses
Last week the Chairmen of the SEC and CFTC co-authored an op-ed in the Wall Street Journal that, among other things, called for a “revisit” of the policy thinking behind...
Cryptocurrencies are far from unregulated
This article originally appeared in American Banker.
The chairmen of the Securities and Exchange Commission and the Commodity Futures Trading Commission will testify before Congress Tuesday on one subject and one subject alone: cryptocurrencies. Panic, hype, price swings...
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.