17 posts
The executive order arrived with the presidential signature that marks policy moments which reshape industry landscapes. When President Trump signed the directive commanding federal agencies to update regulations and permit the integration of digital assets into traditional finan
The Treasury Department's announcement landed with the understated weight of a document that will reshape billions in daily transaction flows. When Secretary Bessent described the proposed rules implementing the GENIUS Act as "establishing the first federal framework for stableco
The envelope arrived on my desk with the kind of bureaucratic understatement that only the Internal Revenue Service can achieve—a single-page notice, dense with regulatory language, announcing what might be the most significant operational change in digital-asset tax compliance s
The conference room at Treasury felt different that morning. Not the hushed urgency of a financial crisis, nor the bureaucratic routine of a typical briefing. Something in between—a sense that the document being unsealed carried weight beyond its page count.
The envelope arrived in January with the understated urgency that government documents carry. Inside was my first Form 1099-DA from the exchange where I had sold some Bitcoin the previous year. The form listed gross proceeds, cost basis, and the gain I would
OCC Confirms Banks May Conduct Riskless Principal Crypto-Asset Transactions The Office of the Comptroller of the Currency (OCC) issued guidance last week that clarifies an important question for banks navigating the crypto landscape: Can national banks act as principals in crypto
OCC Clarifies Banks May Hold Crypto Assets to Pay Blockchain Network Fees The Office of the Comptroller of the Currency (OCC) issued new guidance this week that resolves a lingering operational question for banks in the crypto space: Can national banks hold crypto-assets specific
FDIC Issues New Guidance: Banks May Now Engage in Crypto Without Prior Approval FDIC Issues New Guidance: Banks May Now Engage in Crypto Without Prior Approval The FDIC's quiet revolution began not with a press conference, but with a Financial Institution Letter that landed on ba
Federal Reserve and FDIC Withdraw Restrictive Crypto Guidance: What This Means for Bitcoin Banking In a significant shift for the American banking landscape, the Federal Reserve and FDIC jointly announced the withdrawal of prior restrictive guidance on crypto-asset activities. Th
Joint guidance from the Fed, OCC, and FDIC establishes how banks should treat Bitcoin-backed and crypto-asset securities on their balance sheets. In a move that brings regulatory clarity to one of the most contentious areas of digital asset banking, the Federal Reserve, Office of
