Cryptocurrency

January 12, 2024

Henry Burke

Hack Watch Artificial IntelligenceCryptocurrencyLarry SummersMedia Accountability

AI Evangelists Won’t Stop Highlighting The Danger Of Their Technology. Can 2024 Be The Year Journalists Stop Parroting Their Claims?

The zero-interest-rate epoch of Silicon Valley is over, and with it, startup grifters are working overtime to ensure their promises of technological revolution are worthy of investment. Can the media learn something from the crypto bubble and start interrogating those espousing revolutionary technological progress?

December 07, 2023

Henry Burke Jeff Hauser Kenny Stancil

FOIA RequestPress Release CryptocurrencyEthics in GovernmentFinancial RegulationFintechRevolving Door

Press Release: The Revolving Door Project, A Government Ethics Watchdog, Alerts Media Of Possibility That CFTC Chair Rostin Behnam Is Considering Leaving Government To Cash Out In Private Industry

The Revolving Door Project, A Government Ethics Watchdog, Alerts Media Of Possibility That CFTC Chair Rostin Behnam Is Considering Leaving Government To Cash Out In Private Industry

July 14, 2023

Timi Iwayemi

Hack WatchNewsletter CryptocurrencyEthics in GovernmentFinancial Regulation

The Crypto Industry Thinks Gary Gensler Should Recuse Himself From Enforcement Actions.

If we were to agree to the industry’s demand that policy experts should be precluded from regulating issues they have spent significant amounts of time developing expertise in, we would be setting a precedent that severely undermines any kind of public-minded enforcement. In fact, banning experts such as Gensler would leave the public with a pool of potential regulators who are either already corporate-aligned or unqualified to adequately opine on pressing issues.

July 07, 2023 | The American Prospect

Timi Iwayemi

Op-Ed CryptocurrencyFinancial RegulationTreasury Department

Secretary Yellen, Where Are the Crypto Tax Regulations?

Despite this, Janet Yellen’s Treasury Department has yet to formalize the regulations that would usher in this new reporting regime. The initial expectation was to have Treasury provide the new guidance by the end of 2022, allowing reporting changes to begin with transactions completed in 2023. However, despite approval of the proposed regulations by the Office of Information and Regulatory Affairs in February (the usual stumbling block in this sort of proceeding), the department has yet to publish the regulations.