Policy Formulation Survival Guide for Security Status Focus: Regulatory posture toward crypto assets,...I recently gave a speech in front of a policy-focused crowd at the Decentralization Research Center’s...The policies we advocate for today will determine whether we foster sustainable, long-term growth or...view: policy requires balance.

Bitcoin & Tighter Policy May Not Mix The last few months of 2021 saw a material shift in the macro...

In this memo, we will explore Arbitrum’s newly proposed transaction ordering policy, Timeboost....We will examine how these transaction ordering policies influence value capture at both the application...Transaction ordering policies are a critical aspect of network design, as they directly affect value...

...resonance[2] while actually promoting decentralization: a disclosure based-model with antitrust-like policy...However, from a policy perspective, regulators are very experienced and adept at recognizing and addressing...Our proposed framework will serve to help bring crypto in a larger public policy framework by policing...

BOJ decision later today will have an impact on rates / gold / BTC. Building off the AF “Japan’s Yie...

With U.S. equity benchmarks at or near all-time highs, another major round of fiscal spending is arguably...Fiscal Policy – What’s Next?...Therefore, any signal of less accommodative policy is likely to cause a violent reversal in financial...The policy response to a decline in aggregate prices, however, would play into a more favorable outlook...

The Trump tariff policies have triggered a series of trade actions and retaliations, reshaping global...Add in rising bond yields, persistent inflation expectations, the Fed’s steadfast policy stance, and...on February 13th with President Trump’s Presidential Memorandum announcement of a reciprocal tariff policy...

The world has seemingly become one big macro trade centered around the fate of global monetary and fiscal...policy....The catalyst for both is tied to recent announcements (or lack thereof) on the fiscal policy front, which...Look no further than the European Union’s approval of a €750 billion fiscal relief plan this week to...

Increased correlation between asset classes (both returns & volatility) Focus shift from monetary → fiscal...policy Uneven economic recovery between “haves” & “have nots” Negative real yields (lower for...the eye can see; if they’re going to combat the massive debt binge required to fund more expansionary fiscal...

Meanwhile, we’re seeing a flood of new Treasury issuance – the natural result of multi-trillion dollar fiscal...The problem is decades of loose central bank policy has forced more savers to use financial markets as...governors, so he’s well aware anything he says can and will be used by the market to try and project future policy...

Last week, Google announced its new NFT/blockchain policy for Android-based apps....Google is clearly trying to capitalize on Apple’s more restrictive blockchain policies and become the...

Lawmakers are concerned with the repercussions of additional fiscal spending and rightfully so; trees...Are there potential long-term consequences to another multi-trillion-dollar fiscal package?...The argument for greater fiscal spending is multi-faceted....For starters, fiscal spending during an economic crisis serves as more of a bridge to keep the private...

...several lingering headwinds to the economic recovery that may impede policymakers’ ability to tighten policy...In just the last 18 months, we’ve watched the line between monetary and fiscal policy get so blurred...For several months now, we’ve heard a lot of rumblings about the size and scale of the policy response...

...cycles — if global liquidity growth had topped out, the business cycle had already peaked, monetary policy...The Fed’s policy trajectory is clearly shifting from “restrictive and rising” to “less restrictive and...Lower rates, largesse fiscal spending, and policy like the One Big Beautiful Bill are a powerful combo...

Inflation is a lot more under control than it was 12-18 months ago — but there’s still a risk that easing policy...spending and “greater coordination” between monetary and fiscal authorities....It’s also marked notable turning points for Fed policy, giving credence to the argument that rate cuts...

...those interested in my latest interview with NLW, some of the topics we cover include: Impact of Fed policy...Why financial markets and the economy are more interconnected today and how decades of central bank policy...Fiscal Policy, and much more!

With most of Ethereum’s activity offchain, the battle for MEV extraction is entering a new phase. In the last two weeks,  Arbitrum’s Timeboost and Unichain’s Rollup Boost both went live, and we’re s...

More fiscal deficits —> more UST debt —> more USD liquidity —> higher asset prices This has...Despite all the rhetoric surrounding irresponsible spending or fiscal extravagance, the show must go...With the path for future fiscal deficits all but inevitable, we’re finally seeing the currency debasement...

We’re finally starting to see a real shift in policy after 18 months of “money printer go brrr” memes...We’ve noted before how years and years of dovish policy and low interest rates pushed average investors...Despite Powell’s cautious rhetoric, the market has started to price in tighter policy too with expectations...