Crypto: Finally Something We Can All Agree On?
Can government agencies move fast enough to ensure the U.S. remains the leader in digital assets? At least business and Washington are more or less now on the same page.
Gary Gensler
Why Andreessen Horowitz’s DAO Idea is DOA
This is a hell of a week for news about venture capital. A report in the Times detailed a high-octane lobbying effort by Andreessen Horowitz to shape the way that cryptocurrency—in which it is heavily...
The Senate’s Crypto Theater
A Congressional hearing is typically a poor venue for gaining insight into the American financial regulatory system. That sorry dynamic was on full display this week as Securities and Exchange Commission (SEC) chair Gary Gensler testified...
Does the SEC Have a “Crypto Mom” Problem?
Commissioner Hester Peirce has been unusually vocal in expressing her opinion that the SEC has failed to articulate clear and consistent rules. But simply saying “there ought to be rules” isn’t adequate in the long...
The SoFi Battle That Won’t Go Away
A long-simmering conflict over fintech superstar SoFi got a fresh boost of energy when Rep. Brad Sherman sent a letter to SEC chairman Gary Gensler, calling the recent entry into the stock market “alarming” and...
What to Expect from Gensler’s SEC: “Not Everyone Is Going to Be Happy”
Reports that President Biden will appoint former CFTC chairman Gary Gensler to head the SEC might seem destined to send panic waves through the financial community, but reality is a little more nuanced.