Articles

2026

• “Regulation Crypto Assets: Policymaking by Crypto, for Crypto,” The FinReg Blog, August 20, 2026
• “Paul Atkins Misreads Adam Smith and the American Founding,”“Paul Atkins Misreads Adam Smith and the American Founding,” The FinReg Blog, August 3, 2026
• “Why Title I of the CLARITY Act Will Produce Chaos, Not Clarity,”“Why Title I of the CLARITY Act Will Produce Chaos, Not Clarity,” The FinReg Blog, July 30, 2026
  “Why Financial Regulators Need a Plan for Quantum-Vulnerable Digital Assets,” The FinReg Blog, July 28, 2026
• “The CBDC Conspiracy Theory That Became Law,” The FinReg Blog, July 20, 2026
• “Why the OCC’s Stablecoin Charter Push Is Illegal, Dangerous, and Likely to End in Bailouts,” The FinReg Blog, May 21, 2026
• “The Crypto Industry Wants America to Become the Bahamas,” The FinReg Blog, May 13, 2026
• “Is $WLFI an Unregistered Security?” The FinReg Blog, May 8, 2026

2025

• “Circle, Coinbase, and the Prohibition on Interest Under the GENIUS Act,” The CLS Blue Sky Blog, December 11, 2025
• “Crypto is Everything Everywhere All at Once,” The FinReg Blog, September 4, 2025
• “The Myth of Stablecoin-Fueled Dollar Dominance,” The FinReg Blog, July 13, 2025
• “The Limits of CLARITY: Disclosure, Classification, and the Path Forward for Crypto Legislation,” The FinReg Blog, July 8, 2025
• “What Trump is Doing With Crypto Should Worry Us All,” (with John Reed Stark), The New York Times, April 18, 2025

2024

• “Two Agencies That Should Become One,” The Wall Street Journal, December 29, 2024
• “Sam Bankman Fried is still insulting his victims,” The Hill, March 27, 2024
• “The SEC’s Climate-Risk Disclosure Rule: What a Long Strange Trip It’s Been,” The FinReg Blog, March 6, 2024
• “The worst scam of all: how Binance got away with a slap-on-the-wrist,” The Hill, January 14, 2024

2023

• “Reflections on the Ripple Decision,” The FinReg Blog, July 17, 2023
•  “Statement for the Record in Response to House Financial Services Committee Recent Hearing on Digital Assets,” (with Hilary Allen & Mark Hayes), June 28, 2023
• “On regulation, the crypto industry has everything backward,” The Hill, June 9, 2023
• “US lags in financial innovation. Regulatory sandboxes are the answer,” (with Jimmie Lenz), American Banker, May 2, 2023
• “Now I Know the Cryptocurrency Industry Is Here to Stay,” CoinDesk, January 10, 2023

2022

• “Regulators are thinking about stablecoins in the wrong way,” The Hill, November 12, 2022
• “The industry will soon know if bank-fintech partnerships need more oversight,” American Banker, September 20, 2022
• “CFTC Should Have Narrow Role in Crypto to Preserve SEC Primacy,” (with Hilary Allen & Mark Hayes), September 14, 2022
• “CFTC Complaint Against Gemini Reveals Weaknesses in the Agency’s Approach to Virtual Currency,” The FinReg Blog, July 20, 2022
• “10 Things Judges Should Know About Cryptocurrency,” Judicature, Summer 2022
• “Congress Should Grant the SEC Oversight of Digital Asset Spot Markets,” The CLS Blue Sky Blog, April 21, 2022
• “Russian Sanctions will Compel Further Adoption of Cryptocurrency and Increase Compliance Risks for Cryptocurrency Companies,” The FinReg Blog, February 28, 2022
• “More Crypto Craziness in Wyoming,” The FinReg Blog, February 11, 2022
• “Recent Comments on Improving Accountability in Net-Zero Commitments,” The FinReg Blog, February 9, 2022

2021

• “Where the Rubber Meets the Road: How Can an SEC Climate Risk Disclosure Rule Survive Cost-Benefit Analysis?” (with Mario Olczkowski) August 9, 2021
• “Summary of Comment Letters for the SEC’s Climate Risk Disclosure RFI,” (with Mario Olczkowski) July 9, 2021
• “A Trip Down Crypto’s Memory Lane,” The FinReg Blog, June 11, 2021
• “Ban Cryptocurrency to Fight Ransomware,” Wall Street Journal, May 25, 2021
• “Restoring Order in Crypto’s Wild West,” The FinReg Blog, April 6, 2021
• “NC should speed help to the 435,000 North Carolinians who are behind on rent,” (with J.A. Smith Jr. & Jesse Hamilton McCoy II), Raleigh News & Observer, March 08, 2021
• “Beware of the Bitcoin Balance Sheet,” The FinReg Blog, February 24, 2021

2020

• “The Pandemic Relief Bill and the Battle Over Federal Reserve Emergency Lending Authority,” The FinReg Blog, December 21, 2020
• “Policy Options for Preventing an Eviction Crisis,” The FinReg Blog, December 16, 2020
• “Recent Announcement Reveal Financial Regulators Are Serious About Climate Change,” (with Charlie Wowk), The FinReg Blog, November 16, 2020
• “The Heat is On: U.S. Regulators Facing Increasing Pressure to Enhance Climate Disclosures,” (with Charlie Wowk), The FinReg Blog, October 13, 2020
• “Pandemic Bailout of the Fossil Fuel Industry Highlights Financial Sector Risks,” The FinReg Blog, July 24, 2020
• “Designing a Prudential Supervisory Framework for Climate Change in the U.S.,” The FinReg Blog, July 16, 2020
• “Rolling Back Dodd-Frank: One Bite at a Time,” The FinReg Blog, March 11, 2020
• “The Rise of Rent-A-Charter: Examining New Risks Behind Bank-Fintech Partnerships,” (with Joseph Caputo), January 23, 2020

2019

• “What Congress Should Ask About Facebook’s New Cryptocurrency,” The FinReg Blog, July 2, 2019
• “The SEC Should Continue to Say No to Bitcoin Exchange-Traded Products,” The FinReg Blog, April 18, 2019
• “North Carolina’s Proposed Regulatory Sandbox Needs Work,” The FinReg Blog, May 28, 2019
• “High-Frequency Trading Comes to Cryptocurrency,” (with Marissa Cantu), The FinReg Blog, April 24, 2019
• “Wells Fargo’s Failure to Admit Deep-Seated Problems Led to its Current Predicament,” The FinReg Blog, April 4, 2019
• “Ten years from the bottom, financial crisis continues to reverberate,” Triangle Business Journal, March 22, 2019
• “Ten Years From the Bottom: A Reflection on the Financial Crisis and Its Lasting Impact,” The FinReg Blog, March 19, 2019
• “Rural America needs an expanded Farm Credit System,” American Banker, January 2, 2019

2018

• “Bitcoin Futures: From Self-Certification to Systemic Risk,” The CLS Blue Sky Blog, December 18, 2018
• “A New Proposal to Expand Banking Services in Rural America,” The FinReg Blog, December 15, 2018
• “The Problems with crypto’s revolving door,” American Banker, October 25, 2018
• “The Revolving Door Comes to Cryptocurrency,” The FinReg Blog, October 15, 2018
• “How Regulators are Responding to FinTech,” The FinReg Blog , June 29, 2018
• “Evolution of the FinTech Industry: From Disruption to Partnership,” The FinReg Blog, June 28, 2018
• “What Happens When FinTech Firms Don’t Understand Regulation?,” The FinReg Blog,  June 27, 2018
• “What is FinTech and Why is it Such a Big Deal?” The FinReg Blog, June 26, 2018
• “Reflections on NYC Cryptocurrency Conference,” The FinReg Blog, June 11, 2018
• “The Future of Bank Stress Testing,” The FinReg Blog, February 21, 2018
• “Federal Reserve Consent Order Represents Worst Case Scenario for Wells Fargo Directors,” The FinReg Blog, February 6, 2018
• “SEC Stands Firm Against New Bitcoin ETF Proposals,” The FinReg Blog, January 12, 2018
• “For Bitcoin Futures, the CFTC Defends the Indefensible,” The FinReg Blog, January 4, 2018

2017

• “Bitcoin Futures are a Bad Idea,” The FinReg Blog, December 13, 2017
• “Why a Bitcoin Bubble is a Good Thing,” (with R. Clements and S. Semmler), The FinReg Blog, December 5, 2017
• “The Case for a Cryptocurrency Market Bubble,” (with R. Clements and S. Semmler), The FinReg Blog, November 22, 2017
• “Comptroller’s Remarks Indicate the Fintech Charter Could Lead to Mixing of Banking and Commerce,” The FinReg Blog, October 2, 2017
• “Wells Fargo is Broken Beyond Repair,” The FinReg Blog, September 2, 2017
• “Assessing the New FX Global Code,” The FinReg Blog, June 15, 2017
• “A Review of the Book Fed Up,” The FinReg Blog, April 28, 2017
• “Increasing Transparency at the Financial Stability Board and Basel Committee,” The FinReg Blog, March 14, 2017
• “Don’t Expect the OCC to Embrace Fintech Failure,” The FinReg Blog, February 22, 2017
• “Do Hedge Funds Threaten Financial Stability?” The FinReg Blog, January 26, 2017
• “Killing the Volcker Rule,” The FinReg Blog, January 11, 2017

2016

• “Basel Committee is on the Clock,” The FinReg Blog, December 12, 2016
• “Federal Law Leaves Banks Shying Away from Marijuana Businesses,” (with John Matthews), The FinReg Blog, December 5, 2016
• “How Wells Fargo Illustrates the Failure of the CFPB Class Action Waiver Rule,” (with B. Jackson Nye), The FinReg Blog, November 23, 2016
• “New Legislation Designed to Make the U.S. a Fintech Leader,” The FinReg Blog, November 17, 2016
• “New Regulation Aims to Make Banking Fraud Less Lucrative,” The FinReg Blog, November 10, 2016
• “Carmen Segarra and Competing Visions of Bank Supervision,” The FinReg Blog, October 25, 2016
• “Using Living Wills to Break up Big Banks,” The FinReg Blog, October 11, 2016
• “If Banks Sue the Fed Over Stress Tests, Will They Win?” The FinReg Blog, October 7, 2016
• “Effects of Regulatory Reform on Growth,” The FinReg Blog, October 5, 2016
• “Should Wells Fargo execs responsible for bilking customers be forced to return their pay?” The Conversation, September 18, 2016