Mike Belshe, CEO of BitGo, makes the case to improve oversight of stablecoin reserves, separate trading and custody accounts and minimizing the use of "omnibus wallets."
As this year's president of the intergovernmental forum, India can dictate how developed countries think about the future of crypto regulation, says CoinDesk's Amitoj Singh.
The SEC and CFTC are unlikely to issue new rules covering crypto this year. But, if they did, calls from policymakers to regulate through rulemaking rather than enforcement offer a useful way forward, says Michael Selig, an attorney at Willkie Farr & Gallagher.
The House Whip (a.k.a. the “Crypto King of Congress”) blames over-centralization and old-fashioned fraud for FTX’s collapse, not crypto. As federal legislators consider new crypto legislation, can he persuade his colleagues of the same?
There is no law that bans U.S. banks from issuing paper or digital private banknotes, American Institute for Economic Research senior fellow Thomas Hogan writes.