There is nothing so powerful as an idea whose time has come. For now, that time has not arrived. But as Congress closed a door, regulators opened a window. Both the SEC and CFTC moved with remarkable speed. Just two days after CLARITY failed, the SEC issued an “Innovation Exemption” allowing certain venues to trade […]
Why banks should stop worrying and learn to love the Clarity Act
Bankers trying to kill Clarity should remember that incumbent media companies failed to halt the Internet’s upheaval of their industry. So, if you care about American leadership, then why not write the laws governing this transformation here and now, rather than cede that position to some other country keen to lead in global finance. For […]
Crypto Long & Short: What about the American consumer?
Welcome to our institutional newsletter, Crypto Long & Short. This week: Alex Tapscott on the stalling of the CLARITY Act and how it’s impacting the average American consumer. Aisha Hunt writes that crypto will grow by upgrading Wall Street’s trusted products rather than replacing them. Top headlines institutions should pay attention to by Helene Braun […]
