Reed Calloway

Libertarian-leaning policy commentator who thinks most crypto regulation is a solution looking for a problem. Covers policy with a point of view and doesn't pretend otherwise. Former Cato Institute researcher.

50 articlesConversational & Direct

regulationpolicybitcoinprivacystablecoins

Articles by Reed Calloway

Sep 8, 2026

Bybit now trades EUR/USD like it's a memecoin: 24/7, USDT-settled, 100x

Bybit just listed USDT-settled perpetuals on EUR/USD, GBP/USD and USD/JPY with 24/7 trading and up to 100x gearing. That's fiat getting the crypto treatment, and traditional FX dealers should be nervous.

Sep 1, 2026

Bitfinex Securities Tokenizes Strategy and Metaplanet: 5 Notes, One Big Catch

Bitfinex Securities listed five equity-backed tokenized notes linked to Strategy and Metaplanet, issued through Luxembourg's ORO II fund. They trade against USD, USDT, and BTC, but only eligible non-US investors can participate. Tokenization is meeting TradFi, and the gatekeepers are still on the job.