Law Decoded: Government sandboxes, test beds and crypto compromises, Oct. 16-23

Law Decoded: Government sandboxes, test beds and crypto compromises, Oct. 16-23

These week's news highlighted how governments test new regimes for cryptocurrency, which can be slow but are certainly some kind of progress. A line from immortal comic strip Calvin & Hobbes goes “a good compromise leaves everybody mad.” When it comes to laws governing crypto, authorities are usually asking for pretty major compromises because they are, at their very best-intentioned, trying to work things out. While it’s a fast-developing area of law — honestly a treat to cover — that means it’s fast-developing relative to law, not tech. There is an innate conservatism to anything having....


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Law Decoded: New administration and the DoJ’s continued flex in crypto, Oct. ...

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Ripple outlines possible regulatory framework for crypto industry in US

Innovation sandboxes, applying existing frameworks on crypto, and communication between the public and private sectors were included in Ripple's suggestions. Ripple, the company whose executives have often criticized the United States’ seeming lack of regulatory clarity on the cryptocurrency industry, has outlined its own “pragmatic” framework.In a Tuesday post on its website, Ripple released its vision for a regulatory framework aimed at advancing innovation while protecting investors in the United States. According to the firm, regulators need to be encouraged to promote innovation....