House Hearing: The Future of Money—Digital Currency (2018)

Below is a rough auto-transcript of a hearing held last week entitled “The Future of Money: Digital Currency” (video available at previous link). The witnesses were: We have not yet gone through the hearing record exhaustively and produced a selection of “pull quotes” of interest. However, the transcript with links to the hearing video is reproduced here […]

House Ag Hearing: Oversight of Crypto Assets (2018)

Below is a rough auto-transcript of a hearing held last week entitled “Cryptocurrencies: Oversight of New Assets in the Digital Age” (video available at link). The witnesses were: Here are a few “pull quotes” and exchanges of interest (this is by no means exhaustive): Again, we have not yet gone through the hearing record exhaustively. However, the […]

Doubts Over SEC’s Hinman “Decentralization” Token Test

On June 14th, 2018,  at the Yahoo! Finance All Markets Summit, the SEC’s Director of the Corporate Finance Division, William Hinman, made a “speech heard ’round the world” — best known for its bombshell conclusion that Ether coin (or “ETH”, of the Ethereum blockchain network) should not be considered a security [1].  While this sort of […]