Opinion


Markets

Fashion Redefines Finance: The Logic of Digital Luxury

Success in the new world of finance requires understanding the internet zeitgeist and how media content becomes popular and unpopular, says our columnist.

TikTok star Charli D’Amelio promoting Step.

Policy

Reinvent Money to Reward Virtue

Bitcoin wrested control of money from the state. Ethereum and other technologies will return it to the heterogeneous communities that dot the globe, write Matthew Prewitt and Steven McKie.

Allegorical figures representing virtue and abundance, 1760

Policy

Money Reimagined: United States of Stablecoin

To maintain the dollar's position in the world, the U.S. should follow Randal Quarles’ advice and foster an open, stablecoin-driven money system.

(Rachel Sun/CoinDesk)

Markets

A Gamble Inside a Gamble: Robinhood's Wild Memestock IPO

Robinhood will offer IPO shares to its own users, highlighting the company's dependence on complex, high-risk bets.

Vlad Tenev, chief executive officer and co-founder of Robinhood Markets Inc., speaks virtually during a House Financial Services Committee hearing on Thursday, Feb. 18, 2021.

Policy

Nigeria Is the Lion of Africa in Bitcoin P2P Trading

Nigeria's crypto industry is growing fast despite the government's efforts to stunt bitcoin adoption, says a local trader.

Lagos, Nigeria

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

India May Have Quietly Shown Its Hand on Crypto Regulation

A recent enforcement action against Wazir-X, India's largest exchange, offers a glimpse of how regulators might eventually treat cryptocurrency there.

shubham-dhiman-ykbpWdmF2R8-unsplash

Policy

Before We Regulate Crypto, We Need to Know What Crypto Is

UPenn's Sarah Hammer raised an interesting point in her congressional testimony yesterday: We don't have a unified source of data to make sense of crypto.

sigmund-B-x4VaIriRc-unsplash

Policy

Has the Biden Administration Lost the Plot on Crypto Regulation?

The White House and Congress have yet to offer policy clarity for the crypto industry. Their agenda isn't focused on innovation and growth.

Gary Gensler, chairman of the U.S. Securities and Exchange Commission, center, and Michael Hsu, acting head of the Comptroller of the Currency, right, walk to the West Wing of the White House in Washington, D.C., U.S., on June 21, 2021.

Tech

Gaze Into the Orb to Collect Your Worldcoin

Y Combinator's basic income idea sounds creepy as hell.

Sam Altman