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FSOC Releases Digital Asset Report, Signaling Increased Future Scrutiny
Digital Assets Chris Beckmann, Robert Greene, Brian Johnson
A recent digital asset report (“Report”) issued by the Financial Stability Oversight Council (“FSOC”) criticized many digital asset market activities and market participants for lacking sufficient risk controls or amplifying financial…
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Our Op-Ed in the American Banker: An Unworkable Compromise on Stablecoins
Banking & Consumer Finance, Digital Assets, News Paul Atkins
The crypto industry yearns for legislative clarity on stablecoins, but the industry and consumers may be better off under the status quo than a flawed compromise.
A one-size-fits-all approach could squash innovation.
Expanding Federal…
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RealClearMarkets: A Federal Power Grab Over the Future of Stablecoins
News Patomak Global PartnersThe President’s Working Group Report on Stablecoins is an important first step for federal regulators to develop a regulatory approach. Unfortunately, the report is a slap in the face to state regulators as it ignores their years of regulatory experience.