Opinion

(Wikimedia Commons)
Why Bitcoin Is Worth at Least a Penny
As the cryptocurrency hits another all-time high, investors unfamiliar with the asset class may wonder why it has value at all. Here’s a brief explanation.
(Wikimedia Commons)

Photo taken in Thai Mueang, Thailand
Contango Conmigo: Why a Bitcoin Futures ETF Could Be a Bloody Ride
Regulators maintain the futures market is a lower-risk way to list bitcoin. But there’s a major catch.
Photo taken in Thai Mueang, Thailand

Digital suits. (Alexander Naglestad/Unsplash, modified by CoinDesk)
How to Do Business as a DAO
Should a DAO retain a law firm? Three representatives from Morrison Cohen LLP discuss the emerging legal issues around this new type of business enterprise.
Digital suits. (Alexander Naglestad/Unsplash, modified by CoinDesk)

(CoinDesk archives)
What Stablecoins Might Become
At issue is whether issuers of the digital assets will be regulated like banks.
(CoinDesk archives)

(Michael Discenza/Unsplash)
Kill the BitLicense
The state’s regulatory regime has been bad for New York and bad for crypto.
(Michael Discenza/Unsplash)

"Crypto Dad" Chris Giancarlo Talks About the New Digitization of Value
The CFTC Was Proved Right on Bitcoin Futures. What’s Next for the Agency?
For years the commodities overseer was the de facto regulator of crypto markets.
"Crypto Dad" Chris Giancarlo Talks About the New Digitization of Value

Rohan Grey, Willamette University College of Law
Gensler for a Day: How Rohan Grey Would Regulate Stablecoins
Stablecoins make use of the same shadow banking carveout that imperiled the financial system in 2008. That can’t continue, says the co-author of the Stablecoin Tethering and B...
Rohan Grey, Willamette University College of Law

(Yunha Lee/CoinDesk)
DeFi Is Like Nothing Regulators Have Seen Before. How Should They Tackle It?
Without middlemen to deputize, the SEC and other regulators will have to rethink their approach to enforcement. A lot could go wrong.
(Yunha Lee/CoinDesk)

Lyn Ulbricht, mother of Silk Road creator Ross Ulbricht. (Michael Nagle/Bloomberg via Getty Images)
Put America’s Geeks to Work, Don’t Cage Them
If the U.S. wants to beat China and Russia in cyberspace, we’ll need help from our nerds – even those with criminal pasts, writes the mother of Silk Road founder Ross Ulbricht...
Lyn Ulbricht, mother of Silk Road creator Ross Ulbricht. (Michael Nagle/Bloomberg via Getty Images)

(Screenshot of the OpenSea marketplace)
The NFT Market Is Already Centralized
Decentralized computing doesn’t always lead to a decentralized market structure.
(Screenshot of the OpenSea marketplace)