CoinDesk Reports

The much-anticipated executive order from U.S. President Biden’s administration outlining an approach to crypto regulation arrived this month. As Tyrone Ross puts it, the order is “all bark and no bite,” and a promising step forward for increased regulatory clarity without excessive restrictions.

On this episode of “On Purpose,” Ross dives into a regulatory-themed update for those in the wealth management industry. Ranging from Biden’s crypto executive order to the Securities and Exchange Commission’s (SEC) recent comments on the custody rule, Ross explains what is changing and how it will affect advisers.

Ross sorts through the nuances within the executive order’s outlined approach to regulating digital assets, highlighting the most important takeaways for advisers. Ross also recaps comments from the Department of Labor about crypto in retirement accounts. Lastly, Ross explores the SEC’s most recent discussion on custody rules and how it would change crypto advising.

This show is produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our theme song is “Walk With Swag.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io and Quantstamp.

Explorations into digital currency technologies will shape the evolution of the global financial system, so understanding the African continent’s approach to money is key.

Joining this episode of “Money Reimagined” with hosts Sheila Warren and Michael Casey is Elizabeth Rossiello, CEO of African fintech firm AZA Finance. Rossiello previously joined the show in 2020 to discuss international crypto adoption.

AZA announced this week a partnership with exchange FTX to build continent-wide infrastructure, education programs and crypto solutions to help accelerate Africa's integration into the emerging Web 3 economy.

Though there were challenges, innovative solutions were found to implement effective digital payment solutions across the continent. How will crypto’s influence impact Africa in the coming years?

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Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at nexo.io to receive up to a $100 welcome bonus. Valid through March 31.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

“There are millions of people who want to invest and want to get started in crypto. They just need the right set of tools to do it.”

Michael Doniger of MoneyLion joins “On Purpose” host Tyrone Ross to emphasize the importance of education, access and tools for financial services. MoneyLion, a platform to help navigate finances, strives to create products to help all Americans have access to budgeting and investing services.

Apps and online services are popping up to provide a new data-driven style of advising. Are these tools the future of investment advice?

This show is produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our theme song is “Walk With Swag.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Managing digital assets comes with unique challenges that do not arise in traditional assets. What are the biggest differences, and how can asset managers prepare for them?

On this episode of “On Purpose” with Tyrone Ross, Mikael Johnson of accounting firm KPMG explains the unique aspects of digital assets that directly affect a wealth manager. He addresses some of the findings in KPMG's recent report “Crypto as an Asset Class: What Asset Managers Should Know Before Going Crypto.”

Johnson helps to answer pressing questions for asset managers looking to get into crypto, like how to define appropriate cutoff times and how to vet custodians. What needs to happen in the crypto industry before mass adoption can take place?

This show is produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our theme song is “Walk With Swag.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io and Quantstamp.

Sen. Pat Toomey (R-Pa.) joins “Money Reimagined” with Sheila Warren and Michael Casey to reflect on the impact of the infrastructure bill, explain the difficulties of applying regulation to an evolving technology and take a look at where policy on stablecoins and token investing might be headed.

When the infrastructure bill introduced language that could be damaging to the crypto industry, a bipartisan group including Sens. Toomey, Ron Wyden (D-Ore.) and Cynthia Lummis (R-Wyo.) proposed an amendment. Crypto stood out as common ground in a polarizing era of politics.

In the time since then, regulators have struggled to fit crypto into existing regulatory frameworks.  U.S. President Joe Biden’s recent executive order, signed the day after this episode was recorded, addressed some of these challenges by directing federal agencies to unify their efforts toward regulating crypto.

See Also:  Biden Issues Long-Awaited US Executive Order on Crypto

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Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at nexo.io to receive up to a $100 welcome bonus. Valid through March 31.

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Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Will Gottsegen, CoinDesk's media and culture reporter, joins “Opinionated” hosts Danny Nelson and Ben Schiller to discuss what recent events in the Ethereum Name Service Foundation (ENS) say about the limitations of DAO governance.

When homophobic and transphobic posts from ENS director Brantly Millegan were uncovered, Millegan was promptly fired from his role at the nonprofit that operates the ENS. However, the ENS put the decision to remove Millegan from the organization as a whole to a DAO vote, but it failed to pass.

Millegan himself was able to sway the vote. Without his voting power, obtained through tokens and delegations, the vote would not have failed. Additionally, almost a fifth of the total votes cast were abstentions.

What does the ENS voting outcome tell us about the effectiveness, ethics and future of DAOs?

This episode was produced, announced and edited by Michele Musso with additional production support by Eleanor Pahl. Our theme song is by Elision.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This episode is sponsored by Nexo.io and Quantstamp.

Crypto’s public image has been dominated in the past week by two contrasting perspectives: financial freedom and sanctions evasion.

While the Ukrainian resistance has raised millions in crypto donations when traditional fundraising methods failed, some call for regulation to prevent Russia from using crypto to evade sanctions. 

Jonathan Levin, co-founder and chief strategy officer of blockchain analysis company Chainalysis, joins “Money Reimagined” to contextualize the current conversations on wartime cryptocurrency donations.

The recent uncovering of suspects in both The DAO and Bitfinex hacks represent how transparency inherent to blockchain technology can be an effective tool for law enforcement. But what if state actors exploit this tool?

As the complexities of crypto’s use in Ukraine and Russia continue to play out, it brings to light broader issues about how a society might maintain a balance of access, privacy and inclusion alongside security and the rule of law.

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Take your crypto to the next level with Nexo. Invest and swap instantly, earn up to 20% APR on your idle assets or borrow cash against them at industry-leading rates. Get started today at nexo.io to receive up to a $100 welcome bonus. Valid through March 31.

-

Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog.

-

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard."

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week, “Opinionated” hosts Anna Baydakova and Danny Nelson are talking to Rev Miller, co-founder of Unchain, a decentralized fundraising crypto for humanitarian needs in war-besieged Ukraine.

The situation in the war theater in Ukraine is getting more and more bleak, but people are bracing to fight on, and the crypto community is ramping up its own arsenal, too. Over the past week, multiple crypto fundraising efforts have been launched in Ukraine by both the government and various activists, including the Russian art collective Pussy Riot.  

Unchain is a fund that unites multiple crypto projects in an attempt to raise funds in a decentralized and transparent way that the blockchain technology can offer. Each donation wallet will be configured as a multisig, so that Unchain’s team of key holders, distributed across Ukraine and other countries, can have access to funds at all times.

Listen to Anna and Danny talk to Rev about how the Ukrainians are holding up amid the war, what are the plans of Unchain and how things are going with the crypto fundraising.

Check out the CoinDesk story about Unchain: https://www.coindesk.com/layer2/2022/03/01/absolutely-surreal-inside-a-fund-raising-millions-in-crypto-for-besieged-ukraine/

This episode was produced, announced and edited by Michele Musso. Our theme song is by Elision.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

“They all want to know, what can they do? How can they do it? Is there an easy way to do it? What's the best step?”

On this episode of “On Purpose,” host Tyrone Ross takes a look into the current wealth management landscape from the perspective of all types of advisers including Registered Investment Advisors, independent broker-dealers, wirehouses, banks and more. Education, access and tools for crypto are critical for advisers as clients increasingly have an interest in crypto.

When and how will the wealth management, asset management and banking industries make big moves into crypto? Listen for insights into the inflection points Ross is looking for in the next few months.

This show is produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our Theme song is “Walk With Swag.”

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Does the future of media companies lie in decentralized models? 

“Even successful magazines right now are rethinking their model… One of the ways you give power to your readers is to give them the direct ability to allocate funds.”

Former CoinDesk reporter Leigh Cuen joins Anna Baydakova and Ben Schiller on “Opinionated” to discuss Des Femmes, the magazine for women in finance and tech. Cuen co-founded the magazine to address a lack of representation and voice for women entrepreneurs, especially in the crypto industry. 

Des Femmes is printed and managed by a DAO-inspired structure. Cuen discusses Des Femmes’ decision to pursue a bitcoin multisig structure to manage the funds the publication generated from an Ethereum crowdfunding campaign, and its plans for further decentralization in the future. Converting a media organization into a decentralized autonomous organization presents unique opportunities to get the community more involved in the co-creation of the publication.

This episode was produced, announced and edited by Michele Musso with additional production support from Eleanor Pahl. Our theme song is by Elision.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.