Seismic News About State Virtual Currency Laws: ULC Urges States To Withdraw Model Act

“States are urged to refrain from enacting legislation pending the result of the committee’s work.” –Uniform Law Commission The Uniform Law Commission today asked states considering its proposed model act regarding virtual currencies to refrain from enacting it and competing legislation while a newly-established committee considers the impact of emerging technologies on the Uniform Commercial Code (the model […]

What Do Wyoming’s Blockchain Laws Mean?

Wyoming has now enacted a total of 13 blockchain-enabling laws, making it the only US state to provide a comprehensive, welcoming legal framework that enables blockchain technology to flourish, both for individuals and companies. These laws enable innovation and creativity, and are meant to bring capital, jobs and revenue into Wyoming. Law and technology are discrete […]

Wyoming Blockchain Update (2/3/19): Halfway Through

Motto for the University of Wyoming. Photo by Caitlin Long   Here’s a halftime recap for the Wyoming Blockchain Coalition’s 2019 legislative efforts. Eight bills that are enabling to blockchain technology have already passed in their originating chamber (House or Senate) and will cross over to the other chamber (Senate or House) this week, to […]

Are Crypto Lending And Institutional Custody Good For Crypto? First Principles

One network effect necessary for Bitcoin and other crypto assets to be widely adopted—including by institutional investors—is financialization. Yet, financialization is a dicey process that can corrupt the asset. Wyoming is endeavoring to solve this in a way that preserves the peer-to-peer nature of blockchain. Article available here on Forbes.com!

Settlement Risks In Crypto/Legacy Hybrid Instruments: Part 2

Note: this post is not investment advice and is for educational purposes only. Caveat emptor!   Settlement is a complicated subject, but when it comes to preserving your wealth it’s a critical topic—what do you own, really? Are most of your financial assets actually IOUs? This whole discussion boils down to one simple fact: the […]

Framework for Understanding Blockchain’s Next Chapter: Hybrid Finanical Instruments (Part 1)

Note: this post is not investment advice and is for educational purposes only. Caveat emptor! “Don’t cross the streams. It would be bad.” –Dr. Egon Spengler, Ghostbusters Crypto/legacy hybrid financial instruments—specifically, those that mix cryptocurrencies with legacy financial products—are the latest trend at the intersection of blockchain and Wall Street. Regulated versions of these hybrid products are quickly […]