We explained open blockchains at the FTC’s FinTech forum today.
This morning the Federal Trade Commission held the latest event in its series of FinTech forums and it focused on Artificial Intelligence and Blockchains. The half-day workshop was designed to...
Fifth Letter to the Uniform Law Commission
We suggest optimal language to achieve the draft act's policy goals in relation to control of tokens, personal use, and exclusions for licensed money transmitters.
A direct download of these comments is available here.
State Digital Currency Principles and Framework
How lawmakers can protect digital currency consumers without harming innovation.
States have begun to look at how virtual currencies, such as Bitcoin, and the businesses that utilize them to provide consumer products, interact with money transmission and consumer protection policy....
Penned by Georgetown business professor Jim Angel, the article is almost as alarmist as it is pessimistic. While he writes that “Informed investors should be allowed to make their own...
Terrorist use of cryptocurrencies is not a major risk.
Defense think tank: Terrorist use of digital currencies is a limited risk and overreaction could stifle important innovations.
That’s the message from David Carlisle, formerly of the U.S. Department of the Treasury’s Office of Terrorism and Financial Intelligence, in a report for the Royal United Services Institute, an...
One of bitcoin’s best bets for sound regulation is about to wrap up.
We’re optimistic about the final meeting of the ULC committee drafting a model virtual currency law. This process began all the way back in October of 2015, and since then...
Hawaii’s issue with Bitcoin businesses has an obvious and easy solution.
This week Coinbase, one of the world’s largest and most trusted digital currency companies, announced that it would be suspending operations in Hawaii. The move follows a decision made by...
Fourth Letter on the Uniform Law Commission’s Uniform Regulation of Virtual Currency Businesses Act
We generally support the current draft and have filed this comment to address some residual concerns with this important model legislation.
A direct download of these comments is available here.
What does the future of cryptocurrencies and open blockchains look like?
Coin Center director of research Peter Van Valkenburgh joined the Blindspot Podcast to discuss the status of these technologies and what to keep an eye out for on the horizon....
It doesn't hurt that they quoted me, but--in all seriousness--the two primary risks inherent in app-coin issuance are well flagged: securities regulation and buggy smart-contract code. And, on the securities...