Peter Van Valkenburgh is the director of research for Coin Center. Formerly, he was the Google Policy Fellow for TechFreedom. He is a graduate of NYU School of Law, and a self-taught designer and coder.
Despite panicked cries to the contrary on social media and cable news, federal authorities are keeping a careful eye on evolving digital currency markets, as regulators are likely to tell Congress on Tuesday.
Digital blockchain tokens can be naked instruments for profit-sharing among investors, but other types are directly linked to building network infrastructure. Their creation and sale must be unimpeded by regulation.