Hints and tips:
...There were names and amounts lost, even if some people weren’t American, and some investors — who were supposed to sniff out dodgy companies — deserve only limited sympathy....
...But Charley Cooper, managing director at blockchain firm R3 and a former top staffer at the US Commodity Futures Trading Commission, argues that the fact that they went ahead represents a vote of confidence...
...Proustian Pop albums “Top five for me in 2023 — Blur’s The Ballad of Darren, Peter Gabriel’s I/O, Charley Crockett’s Live from the Ryman, Wilco’s Cousins, and The National’s Laugh Track....
...“I think the jury just looked at him and said: ‘OK, I don’t believe him’.”...
...“There are a bunch of American companies who have built business models on the assumption that these crypto tokens aren’t securities,” said Charley Cooper, former CFTC chief of staff....
...it will further involve the likes of [SEC chair] Gary Gensler and [Senator] Elizabeth Warren who will slam their fists on the desk and claim they told us all along that these crypto guys are bad guys,” Charley...
...Charley Portet Head of Strategy, FruitlabLondon EC1, UK...
...“If it all went away tomorrow, it wouldn’t impact a single person on the planet other than the speculator.”...
...He can’t go back to [Congress] and convince them behind the scenes that the CFTC is the way to go....
...Binance’s size isn’t just a problem for regulators....
...Unlike ransomware, cryptojacking — the practice of hijacking someone else’s computer to mine cryptocurrencies — flies under the radar, but that doesn’t mean it isn’t a cause for alarm....
...“An aligned lobbying strategy is perfectly legal, but Binance faces a unique problem of perception given the distance it claims exists between its global and US entities,” said Charley Cooper, managing director...
...Wall Street’s top cop said there wasn’t enough information to show how Binance US would close the deal, while Binance US said a “diligent review of the deal is to be expected and welcomed”....
...“If you’re not at the table, you’re on the menu,” said Charley Cooper, managing director at R3, a blockchain firm....
...“There are no fundamentals that underlie crypto, or to the extent that they exist they haven’t been identified yet,” said Charley Cooper, managing director at blockchain firm R3....
...He also had an indomitable spirit and a fiercely loving and supportive mother who ensured limitation wasn’t in his lexicon....
...One final thing: don’t miss the rebranded Future of Money newsletter, the FT guide to what’s driving the fintech sector....
...“In traditional finance, these guys are under a microscope,” said Charley Cooper, managing director at blockchain firm R3 and former chief of staff at the Commodity Futures Trading Commission, the US derivatives...
...Charley Cooper, managing director of blockchain software company R3, warned that “hubris” often enveloped the crypto industry. “The laws of economics apply to crypto too....
...don’t have intrinsic value.”...
...The future of finance isn’t completely decentralised or completely centralised; it’s hybrid....
...“It takes a lot of the ‘it’s mine’ ego tripping and a lot of the tension out and allows you to focus on the long term,” says Charley Ellis, an expert on the asset management industry and author of a book...
...There are a lot of problems in American finance, but consumer deposits aren’t one of them....
...“I didn’t read [Glen’s remarks] as seeing Bitcoin and Litecoin as the future of investment.”...
...Don’t get used to it. The greater part of everything else in Steven Soderbergh’s crackling noir — who, how, why — is treated as strictly need-to-know....
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