Federal Reserve

Alloy provides compliance regulations roadmap for financial institutions, fintech partners

For its 2023 State of Compliance Benchmark Report, Alloy surveyed more than 200 professionals working in compliance-related roles at fintechs to learn more about their organizations' compliance strategies.

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The Novel Activities Supervision Program: The spark or the death knell for innovation?

The Fed looks to supervise banks' involvement in crypto and fintech. Innovation is the focus but their approach will determine if successful.

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News Roundup

·Aug. 20, 2022

Stablecoins everywhere: Where is the Fed?

Like many interested in the crypto space, Crapo has asked for months about the stablecoin report.

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Crypto macroeconomics

·Aug. 16, 2021

Global and Crypto Macroeconomics in August 2021, from GDP to BTC to Web3

The macro and crypto economic thesis for 2021, building out the linkages between “Risk-On” assets, flows into and valuation of Bitcoin and Ethereum, and the interplay between value locked, the growth of decentralized application revenue, and the volumes around digital objects. We bring it all together.

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Guest Post

·Aug. 24, 2023

How Not to Enter Banking

In the light of the enforcement action against Farmington State Bank, Michele Alt of Klaros Group, gives four lessons for anyone considering acquiring a bank.

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Banking

·Feb. 2, 2023

Arc launches Yield to support startups during rate hikes

The day after The Fed announced yet another (albeit smaller) rate hike, Arc launches a high yield account so startups can gain on idle cash.

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Crypto

·Feb. 3, 2022

Project Hamilton can handle 1.7 million transactions a second

Thursday afternoon, the Boston Federal Reserve and MIT Digital Currency Initiative (DCI) released Phase 1 of Project Hamilton.

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Crypto decentralized finance exchanges / cap mkts Fractals & reflexivity mega banks microeconomics

·Oct. 13, 2021

The Law of Unintended Consequences via Wells Fargo, Divergence Ventures, DeFi designs, and the Federal Reserve

We focus on the law of unintended consequences, and how making rules often creates the opposite outcome from the desired results. The analysis starts with the Cobra effect, and then extends to a discussion of the Wells Fargo account scandal, dYdX trading farming, Divergence Ventures executing Sybil attacks, and Federal Reserve insider trading. We touch on the concepts of credit underwriting and token economies, and leave the reader with a question about rules vs. principles.

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