President Biden’s crypto executive order embraces the industry and illustrates how digital assets have become mainstream. It’s surreal to hear “the rise in digital assets creates an opportunity to reinforce American leadership in the global financial system and at the technological frontier…” coming from the White House. The various government departments and agencies are instructed […]
Market Updates
Weaponizing Financial Assets
Weaponizing financial assets by sanctioning the Central Bank is an extraordinarily powerful tool against Russian aggression. However, we should be mindful of potential longer-term second-order effects. Nation states are likely to rethink their reserve strategies so that they have control of reserve assets. Digital assets provide direct ownership (your asset is no one else’s liability) […]
Is the Ukraine invasion a buy trigger?
The question “Is the Ukraine invasion a buy trigger?” does not attempt to make light of the destruction and suffering in Ukrainian. Readers look to The Dispatch for investment observations, not malformed geopolitical ramblings. We shall aim to stick to our knitting even during this unfortunate time. The massive markets reversal on Thursday was a […]
Crypto Yield Has Been Muzzled
Crypto Yield has been muzzled as BlockFi pulls offering in the US after settling with the SEC and states. This follows the SEC litigation threat against Coinbase’s proposed Lend product. You bet other companies offering crypto yield will be in the SEC’s crosshairs. Crypto yield offerings are both innovative and complicated. The products have provided […]
KPMG’s Bitcoin and Ethereum Purchase
KPMG’s bitcoin and ether purchase is the lead story, because The Dispatch holds itself out as a crypto-leaning weekly! The high January inflation reading and rising risk of a Fed policy errors are of equal importance. KPMG Canada did not announce the size of its purchase, but an accounting/advisory firm supporting crypto is still a […]