Kristin Smith on Why Crypto Legislation Could Be Passed by Year's End - Ep. 404
Kristin Smith, Executive Director of the Blockchain Association, comes to talk about Tornado Cash, the lawsuit against Ooki DAO, the SEC charges against Kim Kardashian, and crypto legislation.
Show highlights:
- whether regulators did not understand the implications of sanctioning smart contracts
- the necessity of having a conversation around financial privacy
- whether the government wants sanctions compliance at the base layer
- the reasons behind the CFTC lawsuit against Ooki DAO
- why the SEC settled charges with Kim Kardashian and whether it was a publicity stunt
- the chances of the different crypto bills becoming law
- why Kristin thinks stablecoin legislation won’t come this year
- whether the CFTC being the main regulator of crypto settles the question of crypto being securities or commodities
Thank you to our sponsors!
Kristin
The lawsuit against Ooki DAO
- Previous coverage of Unchained on Ooki DAO: Why the Ooki DAO Case Could Hurt Participation in DAOs
- CFTC Filing
- $250,000 fine
- CoinDesk’s Nik De’s analysis
- CFTC Commissioner Summer Mersinger’s dissenting statement
- Jake Chervinsky’s opinion
- Ooki DAO’s options
- CFTC serving the members of the Ooki DAO via their forum
- Tim Copeland’s article on what’s next for DAOs
- A federal court ruled that the CFTC legally served Ooki DAO through a website help bot.
- The LeXpunK Army filed a motion for amicus status in the SEC case against bZx/Ooki DAO.
- Crypto group DeFi Education Fund argued that the CFTC should properly serve Ooki DAO’s actual members, not just the DAO at large.
Tornado Cash
- Treasury Press release
- Previous coverage of the Tornado Cash sanctions on Unchained:
- Is TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says No
- Tornado Cash Sanctioned. Did the Government Overstep Its Bounds?
- The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?
- Given the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?
- Preston Van Loon on Ethereum's Merge and His Lawsuit Against Treasury
Legislation
- Digital Commodities Consumer Protection Act of 2022
- Europe’s MiCa bill
- Previous coverage of Unchained on legislation:
- Why Senator Pat Toomey Thinks SEC Chair Gary Gensler Is Wrong About Crypto
- Congressman Ro Khanna: How to Get More Democrats into Web3
- Why the Crypto Industry Believes SEC Regulation by Enforcement Hurts US Consumers
SEC charges against Kim Kardashian
- The SEC fined reality TV star Kim Kardashian $1.26 million for promoting a crypto security without proper disclosure.
- Fortune article: The SEC’s Kardashian fine was a dumb publicity stunt
Stablecoins
- Stablecoin Draft Bill
- Bloomberg article: Senator Pat Toomey Still Sees Chance of Stablecoin Legislation This Year
Learn more about your ad choices. Visit megaphone.fm/adchoices
Available Results
Generated results are saved to your library for reuse and search.
Choose Template
Pick the result you want. You can review provider and model before generating.
A concise first-pass summary for understanding the episode quickly.
A comprehensive, source-grounded extraction of the reusable knowledge in an episode.
A comprehensive extraction focused on opportunities, strategy, markets, and company building.
Explicit actions, next steps, habits, recommendations, and things to avoid.
Repeatable methods, frameworks, mental models, processes, and systems.
A dedicated inventory of concrete resources named in the episode.
A concise first-pass summary for understanding the episode quickly.
A detailed readable summary organized by chapter or topic.
A navigable map of subjects, topic flow, and suggested chapters.
A comprehensive, source-grounded extraction of the reusable knowledge in an episode.
Reusable atomic knowledge units extracted from the episode.
A comprehensive extraction focused on health practices, protocols, claims, and safety caveats.
A comprehensive extraction focused on opportunities, strategy, markets, and company building.
Explicit actions, next steps, habits, recommendations, and things to avoid.
A dedicated inventory of concrete resources named in the episode.
A dedicated analysis of warnings, limitations, trade-offs, weak evidence, and uncertainty.
A concise first-pass summary for understanding the episode quickly.
A detailed readable summary organized by chapter or topic.
A navigable map of subjects, topic flow, and suggested chapters.
A comprehensive, source-grounded extraction of the reusable knowledge in an episode.
Reusable atomic knowledge units extracted from the episode.
A comprehensive extraction focused on health practices, protocols, claims, and safety caveats.
A comprehensive extraction focused on opportunities, strategy, markets, and company building.
Scientific findings, mechanisms, studies, hypotheses, and the limits of the evidence discussed.
Technologies, AI models, technical methods, capabilities, limitations, and adoption implications.
Investment theses, assets, catalysts, valuation reasoning, time horizons, and risks.
Chronologies, actors, causes, consequences, turning points, and competing historical interpretations.
Policies, proposals, stakeholders, arguments, implementation constraints, and predicted effects.
Career paths, skills, hiring signals, workplace decisions, transitions, and limitations of the advice.
Behavioral mechanisms, biases, motivation, habits, emotions, interventions, and evidence limitations.
Economic mechanisms, incentives, indicators, market structure, forecasts, and uncertainty.
Leadership principles, team systems, organizational design, culture, feedback, and failure modes.
Audience, positioning, messaging, acquisition, retention, experiments, metrics, and failed approaches.
Teaching methods, learning strategies, practice, feedback, assessment, and effectiveness evidence.
Theses, premises, arguments, objections, values, thought experiments, and unresolved questions.
Communication patterns, conflict, boundaries, expectations, repair methods, and contextual limitations.
Books, papers, authors, courses, and other learning resources mentioned in the episode.
Repeatable methods, frameworks, mental models, processes, and systems.
Explicit actions, next steps, habits, recommendations, and things to avoid.
Memorable statements and important claims with attribution and source context.
A dedicated inventory of concrete resources named in the episode.
A dedicated analysis of warnings, limitations, trade-offs, weak evidence, and uncertainty.