Learn more about the 2025 Coin Center Annual Dinner

Framework for Securities Regulation of Cryptocurrencies

We lay out the case for treating some cryptocurrencies as securities—and some not.

This report, originally published in 2016 and updated in 2018, presents a framework for securities regulation of cryptocurrencies— e.g. Bitcoin and derivative projects or “alt-coins.” The framework is based on the...

Coin Center Travel Series: Valencia & Barcelona, Spain

Local interest is slowed by confusion coming from vague and conflicting government guidance. 

This is the latest installment of Coin Center's multi-part travel series examining how cryptocurrency is used around the world. The cryptocurrency concept should resonate with Spaniards - many of the economic...

SEC refusal to allow exchange to list Winkelvoss ETP “Dampens Innovation,” according to SEC Commissioner Hester Peirce.

The SEC rejected a request to allow the BZX Exchange to list and trade shared of the Winkelvoss Bitcoin Trust, a Bitcoin based Exchange-Traded Product (ETP). In order to allow...

Cryptocurrency: What is it good for? (A lot, actually.)

The technology makes some useful things possible for the first time.

Cryptocurrencies get a ton of buzz these days, even so, the real use cases of these new technologies are often glossed over. Most cryptocurrency discussion unfortunately leaves the reader with...

Despite criticisms, Fed agrees it won’t regulate cryptocurrency.

Last week, Federal Reserve Chairman Jerome Powell testified before the House Financial Services Committee, and while reports of his remarks on cryptocurrency have focused on his narrow and negative views...

Experts weigh in the the state of cryptocurrency regulation.

At a recent event hosted by Andreessen Horowitz and #Angels, Coin Center Senior Policy Counsel Robin Weisman joined former federal prosecutor and now lead of a16z’s crypto fund Kathryn Haun...

Understanding Bitcoin’s role in the Russia investigation

Permissionless networks, like Bitcoin or the internet, are unfortunately used by criminals, but are not the root cause of crime.

Last Friday, Special Counsel Robert Mueller announced the indictment of 12 Russian operatives, charged with criminally interfering in the 2016 Presidential election. The indictment indicated that the hackers used bitcoin...

Coin Center Travel Series: Lisbon, Portugal

A fledgling cryptocurrency community takes root in a former hub of globalization

This is the second installment of Coin Center's multi-part travel series examining how cryptocurrency is used around the world. A lot of time has passed since Portugal’s Age of Discovery. Over five...

FTC Workshop: Decrypting Cryptocurrency Scams

Director of Research Peter Van Valkenburgh discusses improvements in consumer protection best practices and technology solutions for cryptocurrency users. 

More information is available here.

What could “decentralization” mean in the context of the law?

How Bitcoin's inception helps us understand good policy for securities regulation

SEC Director of Corporate Finance William Hinman’s speech yesterday on tokens has spurred (or perhaps renewed) a debate on what “decentralization” really means in the context of securities law and...