PANews

Recently, the hottest topic in our circle is the "GENIUS Act" that has just been signed into law. For a time, cheers were heard everywhere, and many people felt that the United States had finally opened the door to compliance for cryptocurrencies, especially stablecoins. We seem to be standing on th

Author: thedefireport
Compiled by: Vernacular Blockchain
Stablecoins — long considered by cryptocurrency insiders as the backbone of on-chain finance — are on the verge of receiving legal recognition from U.S. regulators.
As Tom Lee put it, this is cryptocurrency’s “ChatGPT moment” — the

川普雖然批評鲍尔並威脅解僱，但法律和制度框架給予鲍尔多重保護，使其職位相對穩固。联准会的獨立性受到政治幹預時可能引發金融衝擊，歷史案例表明，即便川普嘗試解僱鲍尔，面臨的法律程序可能拖延其行動。此外，联准会的制度設計限制了總統對貨幣政策的直接影響，進一步保障了其獨立性。

作者：Thomas (Tom) Lee (not drummer) FSInsight.com
編譯：深潮 TechFlow
解讀DAT\（數字資產財庫，Digital Asset Treasury）和 BTC/ETH 財庫策略
\ 帖子已獲得@saylor（MicroStrategy CEO）

文章 | a16z
撰文 | Miles Jennings
編譯 | Portal Labs
加密基金會——即支持區塊鏈網路發展的非營利組織——曾是推動行業發展的精巧法律路徑。但如今，任何發起過網路的創始人都會坦言：加密基金會已成最大發展阻力。在去中心化進程中，它們制造的摩擦遠超貢獻。
隨着美國國會新監管框架浮出水面，加密行業迎來罕見契機：摒棄加密基金會模式及其衍生摩擦，以權責明確、規模可期的機制重建生態。
下文剖析加密基金會模式的起源與缺陷後，我將論證加密項目如何以常規開發公司替代加密基金會架構，借勢新興監管框架。全文將闡釋公司制在資本配置、人才吸納及市場響應上的優越性——唯有此路