SEC Charges Against Binance Add to Crypto's Many Risks

The worlds of cryptocurrencies and the blockchain that makes it possible are interesting. Intriguing. New technologies often bring innovative opportunities.

But an opportunity can need a gamut of support, capabilities, and processes. That is the case for cryptocurrencies, which are supposed to be non-centralized forms of currency. Instead, they seem more a form of speculation. Unfortunately, one where the mechanisms that are supposed to enable transparent payments are being changed with opacity over what happens with property, exactly the opposite of the claims the systems make. For CRE, that raises the question of what is secure enough to know that payments made or received remain where you’d think.