In case you missed it, the House just passed, by an overwhelming majority of 414-5, the Securing a Strong Retirement Act of 2022, a.k.a. SECURE Act 2.0 (H.R.2954), a new bill touted to address America’s looming retirement infrastructure collapse. Voters are being told that the provisions in the bill would benefit both retirement savers and […]
Biden’s War on Digital Assets: Part One – The Battle for Your Retirement Savings
In case you haven’t noticed, there is a war going on. However, this war is not in the Ukraine. Nor is it against Russians. Rather, these battles are being fought right here on US soil, with regulatory bullets, against decentralized finance and digital assets. Although declared in secrecy, Biden’s war on decentralized finance should not […]
Between the Lines of Biden’s Executive Order on Digital Assets
Being touted as “the first ever, whole-of-government approach to addressing the risks and harnessing the potential benefits of digital assets and their underlying technology”, President Biden just released his anticipated Executive Order on how he intends to tackle digital asset innovation. Putting aside the irony of issuing an Executive Order to study an asset class which was […]
2022 Predictions So Obvious They Should be Called, Certitudes
For many, tis the season to be jolly. But for me, tis the season to be gloating about my 2021 predictions as every single one of my last year’s forecasts have so far come to fruition. Either I am A) truly clairvoyant or B) the signs have simply become that obvious. While I like to believe that […]
Why Are Regulators Trying to Thwart Economic Democracy?
One doesn’t have to be a conspiracy theorist to question whether something untoward is going on at the Securities & Exchange Commission with respect to its recent treatment of fintech companies. Actions by the Commission that include slow-walking certain fintech-related qualifications, including its sheer unwillingness to approve a cryptocurrency ETF, are just the tip of […]