If the U.S. reins in pseudonymity in stablecoin transactions (as seems
possible) there could be big implications for the crypto industry, says our
Representatives say the $25B stablecoin is "regulated" but the issuer doesn't
look like a financial institution bound by norms and laws.
Crypto companies complain about FinCEN's new "unhosted wallets" proposal. But
the rules aren't unreasonable, says our columnist.
Speculators like Stanley Druckenmiller and Paul Tudor Jones love to play the
game. Just don't pin them down to a side, says our columnist.
A proposed OCC rule would stop banks from using political criteria in lending.
But we don't need it, says our columnist.
If the payments system ever becomes seriously politicized, Bitcoin's
apolitical nature could become more appealing. But that's not a scenario worth
looking forward to.