the future of money
@thefutureofmoney.bsky.social
Decoding tech, AI, regulation and financial power. We follow the rules being written — and the ones being enforced - so you don't have to.
📩The Future of Money newsletter https://thefutureofmoney.substack.com/
📩The Future of Money newsletter https://thefutureofmoney.substack.com/
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The UK’s regulator is rethinking risk. Not by loosening rules—but by speeding them up
what the FCA’s new strategy means for #AI, #tokenisation, #crypto, and the future of trust in financial markets
read our analysis:
👉 thefutureofmoney.substack.com/p/the-fca-do...
#regulation #fintech
The UK’s regulator is rethinking risk. Not by loosening rules—but by speeding them up
what the FCA’s new strategy means for #AI, #tokenisation, #crypto, and the future of trust in financial markets
read our analysis:
👉 thefutureofmoney.substack.com/p/the-fca-do...
#regulation #fintech
Europe is rebuilding the architecture of its financial system.
A tokenization-ready market is now the strategic direction.
MiCA supervision→centralized
DLT→scaled
Settlement→unified
👉I unpack the full implications (supervisory, macroprudential, market-structure) here:
substack.com/@thefutureof...
A tokenization-ready market is now the strategic direction.
MiCA supervision→centralized
DLT→scaled
Settlement→unified
👉I unpack the full implications (supervisory, macroprudential, market-structure) here:
substack.com/@thefutureof...
crypto research regulation lab (@thefutureofmoney)
The EU just quietly rewired its financial architecture towards a tokenization-ready system.
Europe just made its biggest financial-market shift in a decade — and it’s not getting the attention it des...
substack.com
December 11, 2025 at 3:11 PM
Europe is rebuilding the architecture of its financial system.
A tokenization-ready market is now the strategic direction.
MiCA supervision→centralized
DLT→scaled
Settlement→unified
👉I unpack the full implications (supervisory, macroprudential, market-structure) here:
substack.com/@thefutureof...
A tokenization-ready market is now the strategic direction.
MiCA supervision→centralized
DLT→scaled
Settlement→unified
👉I unpack the full implications (supervisory, macroprudential, market-structure) here:
substack.com/@thefutureof...
Reposted by the future of money
It’s been two weeks since ICE took Yuanxin Zheng from his father. He is six years old. He’s still not home. This has to end.
December 10, 2025 at 10:32 PM
It’s been two weeks since ICE took Yuanxin Zheng from his father. He is six years old. He’s still not home. This has to end.
Reposted by the future of money
AI is another class of model that affects the balance sheet.
For a decade regulators tolerated AI as a sandbox phenomenon — useful, experimental, but peripheral.
Those days are over.
read how: 👉 the quiet rewiring of AI governance for the global financial system. open.substack.com/pub/thefutur...
For a decade regulators tolerated AI as a sandbox phenomenon — useful, experimental, but peripheral.
Those days are over.
read how: 👉 the quiet rewiring of AI governance for the global financial system. open.substack.com/pub/thefutur...
the quiet rewiring of AI governance for the global financial system. Singapore’s MAS simply moved first.
Inside MAS’s risk-weighted approach to models, generative AI, agents, and data pipelines — and why this framework will scale worldwide.
open.substack.com
December 7, 2025 at 7:18 AM
AI is another class of model that affects the balance sheet.
For a decade regulators tolerated AI as a sandbox phenomenon — useful, experimental, but peripheral.
Those days are over.
read how: 👉 the quiet rewiring of AI governance for the global financial system. open.substack.com/pub/thefutur...
For a decade regulators tolerated AI as a sandbox phenomenon — useful, experimental, but peripheral.
Those days are over.
read how: 👉 the quiet rewiring of AI governance for the global financial system. open.substack.com/pub/thefutur...
Reposted by the future of money
What is the quantum internet? Listen to “Babbage” to find out
Unfinished business (part 1): quantum physics turns 100
Our podcast on science and technology. This week, Paul Davies explains how a mind-bending theory shapes modern technology
econ.st
December 7, 2025 at 7:00 AM
What is the quantum internet? Listen to “Babbage” to find out
Reposted by the future of money
the quiet rewiring of AI governance for the global financial system.
Singapore’s MAS simply moved first.
read the full analysis here 👉
open.substack.com/pub/thefutur...
Singapore’s MAS simply moved first.
read the full analysis here 👉
open.substack.com/pub/thefutur...
the quiet rewiring of AI governance for the global financial system. Singapore’s MAS simply moved first.
Inside MAS’s risk-weighted approach to models, generative AI, agents, and data pipelines — and why this framework will scale worldwide.
open.substack.com
December 5, 2025 at 7:11 PM
the quiet rewiring of AI governance for the global financial system.
Singapore’s MAS simply moved first.
read the full analysis here 👉
open.substack.com/pub/thefutur...
Singapore’s MAS simply moved first.
read the full analysis here 👉
open.substack.com/pub/thefutur...
AI is another class of model that affects the balance sheet.
For a decade regulators tolerated AI as a sandbox phenomenon — useful, experimental, but peripheral.
Those days are over.
read how: 👉 the quiet rewiring of AI governance for the global financial system. open.substack.com/pub/thefutur...
For a decade regulators tolerated AI as a sandbox phenomenon — useful, experimental, but peripheral.
Those days are over.
read how: 👉 the quiet rewiring of AI governance for the global financial system. open.substack.com/pub/thefutur...
the quiet rewiring of AI governance for the global financial system. Singapore’s MAS simply moved first.
Inside MAS’s risk-weighted approach to models, generative AI, agents, and data pipelines — and why this framework will scale worldwide.
open.substack.com
December 7, 2025 at 7:18 AM
AI is another class of model that affects the balance sheet.
For a decade regulators tolerated AI as a sandbox phenomenon — useful, experimental, but peripheral.
Those days are over.
read how: 👉 the quiet rewiring of AI governance for the global financial system. open.substack.com/pub/thefutur...
For a decade regulators tolerated AI as a sandbox phenomenon — useful, experimental, but peripheral.
Those days are over.
read how: 👉 the quiet rewiring of AI governance for the global financial system. open.substack.com/pub/thefutur...
the quiet rewiring of AI governance for the global financial system.
Singapore’s MAS simply moved first.
read the full analysis here 👉
open.substack.com/pub/thefutur...
Singapore’s MAS simply moved first.
read the full analysis here 👉
open.substack.com/pub/thefutur...
the quiet rewiring of AI governance for the global financial system. Singapore’s MAS simply moved first.
Inside MAS’s risk-weighted approach to models, generative AI, agents, and data pipelines — and why this framework will scale worldwide.
open.substack.com
December 5, 2025 at 7:11 PM
the quiet rewiring of AI governance for the global financial system.
Singapore’s MAS simply moved first.
read the full analysis here 👉
open.substack.com/pub/thefutur...
Singapore’s MAS simply moved first.
read the full analysis here 👉
open.substack.com/pub/thefutur...
Reposted by the future of money
While unionized Starbucks workers are on strike for a fair contract, don’t cross the picket line!
Show solidarity — like Zohran Mamdani and Bernie Sanders.
Listen to what they had to say.
Show solidarity — like Zohran Mamdani and Bernie Sanders.
Listen to what they had to say.
December 4, 2025 at 1:02 AM
While unionized Starbucks workers are on strike for a fair contract, don’t cross the picket line!
Show solidarity — like Zohran Mamdani and Bernie Sanders.
Listen to what they had to say.
Show solidarity — like Zohran Mamdani and Bernie Sanders.
Listen to what they had to say.
AI’s next frontier isn’t apps — it’s owning the workflows the models learn from.
Thrive × OpenAI just created the first AI-native holding company— where frontier models train directly on real-economy operations.
markets have already priced AI as a production factor.
👇
substack.com/@thefutureof...
Thrive × OpenAI just created the first AI-native holding company— where frontier models train directly on real-economy operations.
markets have already priced AI as a production factor.
👇
substack.com/@thefutureof...
crypto research regulation lab (@thefutureofmoney)
AI’s next frontier isn’t apps — it’s owning the workflows the models learn from.
Thrive × OpenAI just created the first AI-native holding company — where frontier models train directly on real-econom...
substack.com
December 2, 2025 at 6:01 PM
AI’s next frontier isn’t apps — it’s owning the workflows the models learn from.
Thrive × OpenAI just created the first AI-native holding company— where frontier models train directly on real-economy operations.
markets have already priced AI as a production factor.
👇
substack.com/@thefutureof...
Thrive × OpenAI just created the first AI-native holding company— where frontier models train directly on real-economy operations.
markets have already priced AI as a production factor.
👇
substack.com/@thefutureof...
Congress now argues the U.S. didn’t regulate crypto out of the banking system — it supervised it out.
What's your view?
substack.com/@thefutureof...
What's your view?
substack.com/@thefutureof...
crypto research regulation lab (@thefutureofmoney)
Congress now argues the U.S. didn’t regulate crypto out of the banking system — it supervised it out.
What’s your view?
substack.com
December 1, 2025 at 6:42 PM
Congress now argues the U.S. didn’t regulate crypto out of the banking system — it supervised it out.
What's your view?
substack.com/@thefutureof...
What's your view?
substack.com/@thefutureof...
S&P vs Tether: Inside the First Major Stablecoin Stability Downgrade.
new Sunday Lab Memo #2 👉
substack.com/@thefutureof...
new Sunday Lab Memo #2 👉
substack.com/@thefutureof...
crypto research regulation lab (@thefutureofmoney)
S&P vs Tether: Inside the First Major Stablecoin Stability Downgrade. Stablecoins weren’t supposed to have a systemic risk curve — until S&P just drew one.
This week’s Sunday Lab memo examines the a...
substack.com
December 1, 2025 at 12:07 PM
S&P vs Tether: Inside the First Major Stablecoin Stability Downgrade.
new Sunday Lab Memo #2 👉
substack.com/@thefutureof...
new Sunday Lab Memo #2 👉
substack.com/@thefutureof...
Stablecoins Enter the Wiring, Risk Maps Rewrite Themselves
A bruised Bitcoin bounce got more airtime than it deserved.
The real story was institutional: who issues digital money, who holds it, who supervises it, +who embeds it in financial plumbing
the daily signal👉 open.substack.com/pub/thefutur...
A bruised Bitcoin bounce got more airtime than it deserved.
The real story was institutional: who issues digital money, who holds it, who supervises it, +who embeds it in financial plumbing
the daily signal👉 open.substack.com/pub/thefutur...
Stablecoins Enter the Wiring, Risk Maps Rewrite Themselves
Exchanges, banks, and rating agencies all moved the same piece today: the settlement layer. 🔆 the Daily Crypto Signal.
open.substack.com
November 28, 2025 at 4:01 PM
Stablecoins Enter the Wiring, Risk Maps Rewrite Themselves
A bruised Bitcoin bounce got more airtime than it deserved.
The real story was institutional: who issues digital money, who holds it, who supervises it, +who embeds it in financial plumbing
the daily signal👉 open.substack.com/pub/thefutur...
A bruised Bitcoin bounce got more airtime than it deserved.
The real story was institutional: who issues digital money, who holds it, who supervises it, +who embeds it in financial plumbing
the daily signal👉 open.substack.com/pub/thefutur...
When Fintechs Mint Dollars, the Monetary Surface and the Monetary Base Diverge.
A bruised Bitcoin market stole attention. The deeper movement came from fintechs, central banks, and institutional rails converging around programmable settlement.
🔆new the Daily Signal: open.substack.com/pub/thefutur...
A bruised Bitcoin market stole attention. The deeper movement came from fintechs, central banks, and institutional rails converging around programmable settlement.
🔆new the Daily Signal: open.substack.com/pub/thefutur...
When Fintechs Mint Dollars, the Monetary Surface and the Monetary Base Diverge
A bruised Bitcoin market stole attention. The deeper movement came from fintechs, central banks, and institutional rails converging around programmable settlement. 🔆 the Daily Crypto Signal.
open.substack.com
November 25, 2025 at 11:08 PM
When Fintechs Mint Dollars, the Monetary Surface and the Monetary Base Diverge.
A bruised Bitcoin market stole attention. The deeper movement came from fintechs, central banks, and institutional rails converging around programmable settlement.
🔆new the Daily Signal: open.substack.com/pub/thefutur...
A bruised Bitcoin market stole attention. The deeper movement came from fintechs, central banks, and institutional rails converging around programmable settlement.
🔆new the Daily Signal: open.substack.com/pub/thefutur...
Reposted by the future of money
The author John Green found an audience of millions making YouTube videos with his brother, Hank. As more people aspire to become influencers, Green warns that internet fame may make it feel as if everyone knows and loves you, “but in fact, no one knows you.” www.nytimes.com/2025/11/22/m...
November 22, 2025 at 7:41 PM
The author John Green found an audience of millions making YouTube videos with his brother, Hank. As more people aspire to become influencers, Green warns that internet fame may make it feel as if everyone knows and loves you, “but in fact, no one knows you.” www.nytimes.com/2025/11/22/m...
the Monetary Blueprint #4: From Indexation to Enforcement - How Crypto’s Market Perimeter Rewired Itself
Read it here -> open.substack.com/pub/thefutur...
Read it here -> open.substack.com/pub/thefutur...
the Monetary Blueprint #4: From Indexation to Enforcement - How Crypto’s Market Perimeter Rewired Itself
🗺️ A weekly synthesis of crypto’s real signals — decoding the turning points, quiet rewires, and policy pivots shaping finance’s new architecture.
open.substack.com
November 23, 2025 at 4:52 PM
the Monetary Blueprint #4: From Indexation to Enforcement - How Crypto’s Market Perimeter Rewired Itself
Read it here -> open.substack.com/pub/thefutur...
Read it here -> open.substack.com/pub/thefutur...
Reposted by the future of money
The fight over AI regulation isn’t about algorithms — it’s about electricity.
A signal the federal system is breaking under the energy demands of compute?
substack.com/@thefutureof...
A signal the federal system is breaking under the energy demands of compute?
substack.com/@thefutureof...
crypto research regulation lab (@thefutureofmoney)
The fight over AI regulation isn’t about algorithms — it’s about electricity.
Washington is invoking “interstate commerce” because data centers are hitting grids, spiking prices, and turning AI into ...
substack.com
November 22, 2025 at 9:18 AM
The fight over AI regulation isn’t about algorithms — it’s about electricity.
A signal the federal system is breaking under the energy demands of compute?
substack.com/@thefutureof...
A signal the federal system is breaking under the energy demands of compute?
substack.com/@thefutureof...
interesting times
November 21, 2025 at 9:43 PM
interesting times
🔛 the quiet start of the Stablecoin-Era Basel IV: the Basel blinked, admitting its capital template no longer fits bank exposures.
“global bank-crypto rules need a rewrite” Erik Thedéen, Basel Committee on Banking Supervision.
🌀read more in the daily signal:
substack.com/@thefutureof...
“global bank-crypto rules need a rewrite” Erik Thedéen, Basel Committee on Banking Supervision.
🌀read more in the daily signal:
substack.com/@thefutureof...
crypto research regulation lab (@thefutureofmoney)
the quiet start of the Stablecoin-Era Basel IV: the Basel blinked, admitting its capital template no longer fits bank exposures.
“global bank-crypto rules need a rewrite”, Erik Thedéen, chair of th...
substack.com
November 21, 2025 at 9:41 PM
🔛 the quiet start of the Stablecoin-Era Basel IV: the Basel blinked, admitting its capital template no longer fits bank exposures.
“global bank-crypto rules need a rewrite” Erik Thedéen, Basel Committee on Banking Supervision.
🌀read more in the daily signal:
substack.com/@thefutureof...
“global bank-crypto rules need a rewrite” Erik Thedéen, Basel Committee on Banking Supervision.
🌀read more in the daily signal:
substack.com/@thefutureof...
Basel’s crypto framework rethink, the FSB’s stablecoin classification, the U.S. national-security perimeter, emerging-market rules, and the liquidity mechanics behind the recent crypto drawdown.
The structural story — not the market noise — starts below.
👇 Continue reading the full analysis:
The structural story — not the market noise — starts below.
👇 Continue reading the full analysis:
When Markets Break, the Prudential Map Moves
A $1.2T selloff stole the headlines. The real story is the global financial system quietly rewriting its rules. 🔆the Daily Signal
open.substack.com
November 20, 2025 at 11:16 PM
Basel’s crypto framework rethink, the FSB’s stablecoin classification, the U.S. national-security perimeter, emerging-market rules, and the liquidity mechanics behind the recent crypto drawdown.
The structural story — not the market noise — starts below.
👇 Continue reading the full analysis:
The structural story — not the market noise — starts below.
👇 Continue reading the full analysis:
Reposted by the future of money
🚩A New Door for Banks to hold crypto-assets as principal.
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
➡️pay blockchain network fees, and
➡️test crypto-asset platforms they operate.
read more: 👉 substack.com/profile/2595...
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
➡️pay blockchain network fees, and
➡️test crypto-asset platforms they operate.
read more: 👉 substack.com/profile/2595...
crypto research regulation lab (@thefutureofmoney)
OCC Letter #1186 Opens a New Door for Banks to hold crypto-assets as principal
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
pay blockchai...
substack.com
November 20, 2025 at 10:12 AM
🚩A New Door for Banks to hold crypto-assets as principal.
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
➡️pay blockchain network fees, and
➡️test crypto-asset platforms they operate.
read more: 👉 substack.com/profile/2595...
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
➡️pay blockchain network fees, and
➡️test crypto-asset platforms they operate.
read more: 👉 substack.com/profile/2595...
Crypto is no longer a hedge;it is a multiplying factor on the sovereign curve.
It has joined the monetary stack, not upended it
And once you’re part of the machine, you rise + fall with the machine’s cycles
That is not failure. It is maturity
But it is not freedom either
substack.com/@thefutureof...
It has joined the monetary stack, not upended it
And once you’re part of the machine, you rise + fall with the machine’s cycles
That is not failure. It is maturity
But it is not freedom either
substack.com/@thefutureof...
crypto research regulation lab (@thefutureofmoney)
The moment crypto entered the banking system, it inherited the banking system’s constraints. The slump today is the slump of an asset class that no longer has an identity premium.
Crypto “thought” it...
substack.com
November 20, 2025 at 5:52 PM
Crypto is no longer a hedge;it is a multiplying factor on the sovereign curve.
It has joined the monetary stack, not upended it
And once you’re part of the machine, you rise + fall with the machine’s cycles
That is not failure. It is maturity
But it is not freedom either
substack.com/@thefutureof...
It has joined the monetary stack, not upended it
And once you’re part of the machine, you rise + fall with the machine’s cycles
That is not failure. It is maturity
But it is not freedom either
substack.com/@thefutureof...
🔛 the quiet start of the Stablecoin-Era Basel IV: the Basel blinked, admitting its capital template no longer fits bank exposures.
“global bank-crypto rules need a rewrite”
❇️ read more in the daily signal:
substack.com/@thefutureof...
“global bank-crypto rules need a rewrite”
❇️ read more in the daily signal:
substack.com/@thefutureof...
crypto research regulation lab (@thefutureofmoney)
the quiet start of the Stablecoin-Era Basel IV: the Basel blinked, admitting its capital template no longer fits bank exposures.
“global bank-crypto rules need a rewrite”, Erik Thedéen, chair of th...
substack.com
November 20, 2025 at 11:21 AM
🔛 the quiet start of the Stablecoin-Era Basel IV: the Basel blinked, admitting its capital template no longer fits bank exposures.
“global bank-crypto rules need a rewrite”
❇️ read more in the daily signal:
substack.com/@thefutureof...
“global bank-crypto rules need a rewrite”
❇️ read more in the daily signal:
substack.com/@thefutureof...
🚩A New Door for Banks to hold crypto-assets as principal.
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
➡️pay blockchain network fees, and
➡️test crypto-asset platforms they operate.
read more: 👉 substack.com/profile/2595...
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
➡️pay blockchain network fees, and
➡️test crypto-asset platforms they operate.
read more: 👉 substack.com/profile/2595...
crypto research regulation lab (@thefutureofmoney)
OCC Letter #1186 Opens a New Door for Banks to hold crypto-assets as principal
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
pay blockchai...
substack.com
November 20, 2025 at 10:12 AM
🚩A New Door for Banks to hold crypto-assets as principal.
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
➡️pay blockchain network fees, and
➡️test crypto-asset platforms they operate.
read more: 👉 substack.com/profile/2595...
The OCC officially authorised U.S. national banks to hold crypto-assets as principal when needed to:
➡️pay blockchain network fees, and
➡️test crypto-asset platforms they operate.
read more: 👉 substack.com/profile/2595...