Fever-pitch anticipation and overconfidence Impending approval for an exchange-traded funds, the Commodity Futures Trading Commission’s $42-million-plus Settlement with BitfinexVladimir Putin brooding over cryptocurrency’s capacity to transfer valueThis week was flooded with important policy news. While all the above are instances of state figures’ and institutions’ top-down actions and statements on digital assets, an arguably even more interesting tide has emerged on the side of the crypto industry itself.

The digital world is dominated by two players: Coinbase (NASDAQ:)A16z(Andreessen Horowitz) presented visions to regulate internet-native economic activities