Perspectives
Perspectives on crypto regulation, fintech compliance, and the evolution of digital asset markets.
December 15, 2025
The OCC’s December 2025 conditional trust bank charters for BitGo, Circle, Fidelity Digital Assets, Paxos, and Ripple mark a structural shift: crypto custody is now firmly inside the federal banking perimeter, raising the bar for institutional participation and redefining the competitive landscape.
November 18, 2025
The House Financial Services Committee’s report on Operation Chokepoint 2.0 confirms what crypto operators lived through: a coordinated, largely informal campaign to cut off banking access. The tactics may evolve, but the chokepoint remains the same.
July 25, 2025
The GENIUS Act just forced DeFi operators to pick a lane: build for compliant, institution-ready stablecoin rails, or double down on permissionless decentralization and accept the regulatory and liquidity trade-offs.
July 21, 2025
The GENIUS Act just turned compliant payment stablecoins into their own federally regulated category—and started an 18‑month clock. Here’s the concrete infrastructure stablecoin issuers must build now across reserves, attestations, redemptions, and AML/BSA to survive the new regime and compete for institutional capital.
March 10, 2025
The SEC is shifting from an enforcement-first crypto strategy to a more guidance- and discretion-driven approach under Paul Atkins. Here's what changes, what doesn't, and how operators should position themselves in the transition.