After almost two years, the Treasury Department hasn’t even started trying to force crypto companies to pay what they owe.
cryptocurrency
Posted inEconomic Policy
The SEC Comes for Big Crypto
The agency has sued both Binance and Coinbase for violating securities law.
Posted inEconomic Policy
Fed Report on Silicon Valley Bank Confirms Its Supervision Arm Shouldn’t Exist
The supervisors knew exactly what was happening at the bank, and were institutionally incapable of acting. This isn’t an isolated incident.
Posted inMoney, Politics, and Power
New Astroturf Crypto Campaign Appears on Social Media
The House Financial Services Committee’s upcoming hearings on cryptocurrency regulation coincide with new groups pushing vapid digital campaigns.
Posted inTAP
Crypto Keeps Taking Hits
Today on TAP: And the industry keeps complaining about regulators doing their jobs.
Posted inEconomic Policy
Rich Bank Dumb Bank
Was Signature, the other bank in the Great Panic of 2023, a failure or a patsy?
Posted inTAP
The Crypto Shell Game
Today on TAP: What if the assets backing cryptocurrencies are as volatile as crypto itself?
Posted inMoney, Politics, and Power
Congressional Crypto Defenders Accidentally Sparked an SEC Crackdown
Emboldened by claims that he needed to do more to stop crypto meltdowns before they started, Gary Gensler has rapidly enforced the law.
Posted inPolitics
How Crypto Cash Could Determine Chicago’s Next Mayor
Prior donations from Sam Bankman-Fried have damaged Chuy García’s campaign. But Mayor Lori Lightfoot has her own crypto ties.
Posted inEconomic Policy
Keeping Crypto From Corrupting the Regulators
Financial scams thrive on weak regulation. Biden’s regulators are fighting back.
