On a recent episode of The Alt Asset Allocation Podcast, firm founder Dave Rodman sat down with host Ben Lakoff to look into the current state of cryptocurrency and it's potential regulation. Beginning with Dave's start in crypto 2017 and during the ICO-boom, the two note decentralized finance's … Read more about The Alt Asset Allocation Podcast
Iowa Bill to Legalize Psilocybin Mushrooms and MDMA
In a surprising move late last week, Iowa Rep. Jeff Shipley (R) filed two pieces of legislation in the Iowa state legislature to legalize specific psychedelic substances as treatments. The first bill would approve the medical use of psilocybin, methylenedioxymethamphetamine (“MDMA”), and ibogaine – … Read more about Iowa Bill to Legalize Psilocybin Mushrooms and MDMA
Hawaii Approves Cannabis Legislation for Senate Review
Following a late-January legislative hearing, Hawaii’s Senate Judiciary Committee decided on Thursday to approve the state’s current bill to legalize cannabis. Passed in a unanimous 5-0 vote, the legislation has been co-sponsored by 12 of the 25 members of Hawaii’s Senate and cites, “the … Read more about Hawaii Approves Cannabis Legislation for Senate Review
MDMA-Assisted Psychotherapy Study Expands Screening
Multidisciplinary Association for Psychedelic Studies (“MAPS”), a non-profit research, advocacy, and educational organization that develops medical, legal, and cultural contexts for people to benefit from the careful uses of psychedelics and empathogens, has recently announced the expansion of their … Read more about MDMA-Assisted Psychotherapy Study Expands Screening
Lawmaker Suggests Cryptocurrency to Fund Border Wall
Ohio Congressman Warren Davidson suggested that crowdfunding through a cryptocurrency might provide a viable solution to the funding issues for the proposed wall along the US/Mexico border. In an interview with NPR's Steve Inskeep, the Republican representative suggested that both the proposed … Read more about Lawmaker Suggests Cryptocurrency to Fund Border Wall
Canada Legalizes Recreational Marijuana
Canada became the second country in the world (after Uruguay) to legalize cannabis on a national level on October 17, 2018. A bill passed by the Canadian Parliament in June, Bill C-45, went into effect today, allowing adults across Canada to possess up to 30 grams of marijuana (roughly an ounce) and … Read more about Canada Legalizes Recreational Marijuana
Google Reverses Cryptocurrency Ad Ban
Google has announced a reversal of their cryptocurrency advertising ban, which was initially implemented in March of 2018. The initial advertising ban, according to a Google blog post, included: “Cryptocurrencies and related content (including but not limited to initial coin offerings, … Read more about Google Reverses Cryptocurrency Ad Ban
Trump Issues Executive Order Banning Purchase of Venezuelan Petro
President Trump issued an Executive Order last week prohibiting U.S. citizens from purchasing any digital currencies that benefit the Venezuelan government, such as the Petro. The executive order gives Treasury Secretary Mnuchin the authority to issue any necessary measures to enforce the order. … Read more about Trump Issues Executive Order Banning Purchase of Venezuelan Petro