Tag: Digital assets

NFTs: Collectibles or Securities? Navigating the Digital Asset Frontier

By: Charlotte Golnik The non-fungible token (“NFT”) market is expanding and expected to reach $231.98 billion by 2030.  NFTs traded on platforms like OpenSea are unique digital assets with monetary value that represent real-world objects.  Unlike fungible cryptocurrencies, NFTs are non-fungible and cannot be replicated, thanks to digital signatures and smart contracts that secure ownership… Read More NFTs: Collectibles or Securities? Navigating the Digital Asset Frontier

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Spot vs. Futures: Analyzing the SEC’s Dilemma in Bitcoin ETF Approvals

By: Paul Coste The Securities and Exchange Commission (SEC) has been denying applications for spot bitcoin exchange-traded funds (ETFs) since the Winklevoss twins’ first application in 2017, consistently reasoning that the products are not “designed to prevent fraudulent and manipulative acts and practices,” which is required by the Exchange Act. However, the agency does not… Read More Spot vs. Futures: Analyzing the SEC’s Dilemma in Bitcoin ETF Approvals

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Coinbase Reaches Settlement with NYDFS Over Inadequate Compliance Program

By: Casey Reilly The market value of digital assets, specifically cryptocurrencies, is valued in the trillions of dollars and steadily continues to grow.  In 2021, the market capitalization of digital assets jumped from $1.95 trillion to $2.14 trillion in a one-month span.  Digital assets are transforming the roles of financial markets and commerce around the… Read More Coinbase Reaches Settlement with NYDFS Over Inadequate Compliance Program

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Will Profit Compromise the Ability to Go Green? Proposals for Industry and Government to Create Standards in Crypto-assets

By: Hayden McGuire A single transaction with bitcoin has a power cost that is equivalent to the average U.S. household’s 50-day consumption.  Since the cryptocurrency’s popularization in 2016, the high-electricity-consuming coin has had detrimental effects to the environment.  If the power consumption that bitcoin uses was measured as its own country, it would be in… Read More Will Profit Compromise the Ability to Go Green? Proposals for Industry and Government to Create Standards in Crypto-assets

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