Struggling to think what could qualify as hate symbol then

Also insurance has the kind of risk pooling and (conceptually) long investment horizons that really tempt people into doing really dumb things

In conclusion, most of all, we need to invent a time machine so we can produce a better Gary Gensler

It should go without saying that Summer’s actually sorry about his friendship with Epstein, he’s only ashamed that people found out about it.

I hope they were « Adults in the Room »

Markets blood red on the announcement

Choose your fighter

Stablecoins can achieve the singleness of money. The policy brief for my latest paper on the conditions for stablecoin fungibility with other means of payment is now out in SUERF! www.suerf.org/publications...

For the Dutch, financial innovation means an app to split the bill after their date.

How to call the different types of fraud Source: Banque de France

Music is about to reach a new golden age.

New safe asset hits the wall.

Late to the party but this is my suspect

1/ There was an operational incident at Paxos where 300 trillion tokens were mistakenly minted instead of 300 million. This is a very severe issue. Some say this kind of issues “never happens” in TradFi, but that’s actually not true.

Oh yeah stablecoins don’t have the elasticity function of money? Explain this

For my sins I’ve had to read up on the state of crypto regs recently and it would be really helpful if there was at a common naming convention for the various token types.

Meta and OpenAI recruiting the smartest minds of our generation

The pivot from “I’m building god” to “I’m building a jerkoff tool” is pretty funny

For all the obvious reasons?

Laugh in U.S. War Department

Quitting social networks to restart sending letters

Unsolicited Rick pic

There is a world where Bashar is carrying SBF out of bronze elo.

That’s my average thoughts about BCBS 248

The international hierarchy of money [Updated]

“Si vis pacem, para bellum” taken literally

This is still my view

[niche content] I’m on my way out of payments regulation but I am glad that there is challenge to the BIS view out there because I’ve been watching well-respected people attempt to determine operational payments matters with reference only to monetary policy theory for a while

I’m thrilled to announce my new ECB working paper on singleness of money and fungibility of stablecoins with other payment instruments! 🍾 Some BIS colleagues argued that stablecoins fail the singleness of money test… and the FT had this amazing quote… But I disagree!

Intercontinental Exchange (NYSE owner) takes $2 billion stake in Polymarket

Cyberattack triggers liquidity risk in Japan

Oh, you’re a Taylor Swift expert? Name all the places where she hosted SIBOS conferences.

Concerning

I don’t know what’s funnier. That the US banks only now noticed the “reward” loophole on the GENIUS Act or that the coinbase guy is melting down over the banks trying to close the loophole

American Tiananmen Square

If you are the agent allocated to this mission you probably failed something in your career.

US Secret Service to start solving Scooby-Doo-level mysteries

Good framing

Financial plumbing is the science of why U.S. citizens can’t get bank accounts abroad, and why E.U. citizens can’t access unregulated gambling tokens.

We got his ass now. There’s no coming back from this 😂

None of these words were in the US Securities Exchange Act of 1934.

Missed ‘free market day’ yesterday…

Mario Draghi decries the EU's slowness to act. "Sometimes, inertia is even presented as respect for the rule of law. That is complacency. Competitors in the US and China are far less constrained, even when acting within the law. To carry on as usual is to resign ourselves to falling behind."

No dragging on the Draghi report

There may be a solution…

luigi mangione murdered a healthcare executive and opposed "wokeism." i don't know why people insist that killers need some coherent ideology. most people don't even have coherent wardrobes, let alone a coherent worldview.