Moving Money on Stablecoins: How Long Can the Business Last?
Stablecoins move money across borders in seconds, and the business works. Off-ramp costs, AML and the GENIUS Act deadlines are now closing the arbitrage window.
Kalshi and the Cost of Operating Through Regulatory Uncertainty
Kalshi's dispute with Utah shows why federal regulatory support is not an operating plan—and why fintech companies need clear decisions on geographic access, governance and counterparty risk.
The Mandate Gap: Why Know Your Agent Cannot Attribute a Loss
KYA verifies identity, not mandate. That distance is the Mandate Gap, and it is where the money will be lost.






