Marcelo M. Prates

Marcelo M. Prates, a CoinDesk columnist, is a central bank lawyer and researcher.

Marcelo M. Prates

Latest from Marcelo M. Prates


Opinion

How the U.S. Should Regulate Stablecoins

To properly regulate stablecoins in the U.S., look at e-money abroad, says Marcelo Prates, a speaker at Consensus 2024.

A U.S. dollar coin balances on top of rocks

Opinion

The Catch-22 of U.S. Crypto Regulation

The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that, Marcelo M. Prates writes.

SEC logo (Nikhilesh De/CoinDesk)

Opinion

How Tokenized Assets Can Replace Money

And why universal payments using fractionized assets is unlikely to happen soon, says Marcelo Prates.

Money, cash, payment, paid, corruption, business concept, corruption concept

Opinion

Monetary Weapons: 4 Lessons from Canada and Russia

The traditional financial system is a tool that can be used both against fellow citizens and despicable enemies.

(erin mckenna/Unsplash)

Opinion

Inside the DeFi Vending Machine

Finance is on the point of mass-market automation.

(NeONBRAND/Unsplash)

Policy

You Can’t Use a Trillion-Dollar Coin

It isn’t just a cute but faulty idea. It’s worthless.

(Dan Dennis/Unsplash)

Policy

Stablecoins Risk a Rerun of Financial Crises Past

We shouldn't ignore the risks that stablecoins potentially pose to the financial system, says our columnist.

Randal Quarles, vice chairman for supervision of the Federal Reserve Board.

Policy

Moving on From Good-Bad Crypto Dialogue

Central banks should welcome competition from crypto and the crypto industry should be less defensive, says our columnist.

florian-schmetz-G1hIBdjQoAA-unsplash

Policy

No Reason to Fear Central Bank Digital Currencies

Fears that CBDCs could cause financial instability and increase surveillance are misplaced, says our columnist.

The Bank of England

Policy

The Real Trouble With Cross-Border Payments

Blame governments, not technology, for costly and inefficient international payments. But private cryptocurrencies could help.

U.S. border at El Paso, Texas.

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