Insights

Carnegie Endowment for International Peace: Beijing’s Global Ambitions for Central Bank Digital Currencies Are Growing Clearer

As central banks around the world contemplate the risks and benefits of issuing central bank digital currencies (CBDCs), Beijing is likely to leverage frustrations with the inefficiencies of existing cross-border payments channels to strengthen…

Crypto Needs a Different Gameplan to Win Over Democrats

Ted Serafini's op/ed that appeared in Morning Consult outlines a proposed gameplan for the crypto industry to engage skeptical Democratic policymakers.

Roll Call: Lawmakers’ Crypto Focus Strengthens Voice of SEC’s Peirce

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Patomak CEO Paul Atkins comments on SEC Commissioner Hester Peirce's efforts on cryptocurrency regulation in a Roll Call story.

Who is in Charge Here? Liability Considerations for Decentralized Exchange Platforms

Patomak Global Partners fintech experts release the first article in a series that examines some of the issues regulators are likely to encounter as activity continues to grow in Decentralized Finance (DeFi), as well as what those operating in the space should consider.

Digital Currencies’ Role in Facilitating Ransomware Attacks: A Brief Explainer

Patomak’s Kristine Johnson co-authored a paper for Third Way that details how Bitcoin—the most popular digital currency—is used to facilitate ransomware attacks and how criminals try—and sometimes fail—to cover their tracks. Understanding how criminals use digital currencies for ransomware attacks can lead policymakers to solutions in thwarting and enforcing cybercrimes.

CoinDesk: Paul Atkins Weighs in on the Crypto Regulatory Outlook

Patomak’s Paul Atkins joins CoinDesk to talk crypto

Six Patomak Takeaways Regarding 2021 SEC Division of Examinations Risk Alert on Digital Assets

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Patomak expects SEC scrutiny of Digital Assets to grow dramatically in the year ahead, and is well-prepared to help firms respond by applying its deep expertise developing compliance programs, including designing controls, conducting risk assessments, and supporting due diligence to ensure that Digital Asset business activities comply with SEC rules and anti-money laundering (“AML”) regulations.

Patomak’s Paul Atkins Hosts Webinar Featuring Agency Leaders on Cryptocurrency, Blockchain, and the Evolution of a Central Bank Digital Currency

The November 13 discussion examined the pros and cons of blockchain and cryptocurrency and how it intersects with active central bank digital currency pilot programs underway around the globe.

Bloomberg Law: House Lawmakers Plan Bill to Preempt State Crypto Regulation

House lawmakers are drafting legislation to preempt some aspects of state licensing and regulation of the virtual currency industry in a bid to help U.S.-based crypto exchanges and blockchain companies remain competitive in a global market. “We have 50 states here, and those states have many different people who have interests in securities markets,” Paul Atkins, a former commissioner at the Securities and Exchange Commission who now leads the financial services consulting group Patomak Global Partners LLC, said during a panel.

Wall Street Journal: Bitcoin ETFs Keep Trying, Despite Regulators’ Rejections

“Is [the SEC] a merit regulator, or should investors be able to decide for themselves what to invest in?” says Paul Atkins, a former SEC commissioner and now chief executive of Patomak Global Partners, a financial consulting firm. Resolving that debate will take time, he says.