How stablecoins work, how they fail and what the new rules require
Fiat-backed, crypto-collateralised and algorithmic stablecoins fail in different ways. This guide checks reserves, two depegs, GENIUS and MiCA status, and a risk checklist.
Topic
Regulation
Bills, rulemaking and enforcement that change what crypto firms and users can do. We read the primary documents, track the calendar in Washington, Brussels and elsewhere, and say plainly what is still undecided.
What the CLARITY Act would change after its failed Senate vote
The bill sorts tokens into securities and commodities, splits oversight between two agencies and fights over stablecoin yield...
How crypto airdrops are taxed in the US, UK, Germany and France
The US taxes airdropped tokens you control as income. The UK and Germany ask what you did in return. France taxes sales, and we...
CLARITY Act slips again and helps drive June's crypto sell-off
The US market-structure bill meant to settle which tokens fall under which regulator slipped again, and the certainty trade that...