Can Crypto Be a Force in the Midterms? Yes, Say Kristin Smith and Jake Chervinsky - Ep.307
Kristin Smith, executive director at Blockchain Association, and Jake Chervinsky, head of Policy at Blockchain Association, discuss the current state of crypto regulation. Show topics:
- why 2021 was a watershed year for crypto regulation and lobbying
- why Jake decided to move from Compound Labs to Blockchain Association
- what Kristin and Jake think about the current state of regulation in the crypto industry
- how crypto education will play a significant role in Blockchain Association efforts going forward
- how crypto will affect midterm elections
- why Kristin thinks crypto will not be a partisan issue long term
- what sort of budget Blockchain Association functions on
- what Kristin and Jake think about the President’s Working Group report on stablecoins
- why Jake does not think the US should issue a CBDC
- what Blockchain Association’s take is on SEC commissioner Hester Peirce’s “safe harbor” proposal
- why Kristin and Jake believes the idea of a “crypto czar” is not feasible
- how regulators are treating DeFi going into 2022
- how crypto tax guidelines could be improved for centralized exchanges
- how Blockchain Association thinks tax code 6050I should be applied
- what issues could arise from DAOs in 2022+
- what listeners can do to address the different regulatory topics discussed in this podcast
Thank you to our sponsor!
Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021
Show Links
Guests
- Jake Chervinsky: https://twitter.com/jchervinsky
- Kristin Smith: https://twitter.com/kmsmithdc
- Previous Unchained appearances:
- https://unchainedpodcast.com/everything-you-need-to-know-about-the-looming-battle-over-privacy-in-crypto/
- https://unchainedpodcast.com/how-congress-might-pass-laws-bad-for-proof-of-stake-and-defi/
- https://unchainedpodcast.com/all-things-crypto-regulation-with-jake-chervinsky/
- https://unchainedpodcast.com/why-is-the-proposed-fincen-rule-for-unhosted-wallets-being-pushed-so-quickly/
- https://unchainedpodcast.com/how-congress-might-pass-laws-bad-for-proof-of-stake-and-defi/
- https://unchainedpodcast.com/what-the-crypto-industry-could-see-under-a-biden-administration/
- https://unchainedpodcast.com/when-is-a-token-decentralized-enough-to-not-be-a-security-ep-056/
The Blockchain Association
- Website: https://theblockchainassociation.org/
- Twitter: https://twitter.com/BlockchainAssn
- 2021 growth: https://theblockchainassociation.org/crypto-industrys-leading-trade-association-more-than-doubles-membership-in-2021/
- Jake joining the team: https://www.politico.com/newsletters/politico-influence/2021/11/09/blockchain-association-fills-out-its-washington-team-with-seasoned-hands-798774
Regulatory Topics Discussed:
- a16z
- https://a16z.com/2021/10/13/an-agenda-for-the-future-of-the-internet/
- Tax Code 6050i
- https://www.coincenter.org/congress-takes-its-war-on-cash-to-digital-assets/
- https://unchainedpodcast.com/not-reporting-info-on-some-transaction-partners-could-soon-be-a-felony/
- Infrastructure Bill
- https://twitter.com/jerrybrito/status/1461317078175072263
- President’s Working Group stablecoin report
- https://www.coindesk.com/policy/2021/11/01/biden-administration-to-congress-put-stablecoins-under-federal-supervision-or-we-will/
- FATF Guidance
- https://twitter.com/coincenter/status/1453700485484097537
Articles Jake Mentioned
- Jake on CBDCs: https://www.coindesk.com/layer2/2021/12/21/secure-americas-financial-strength-with-stablecoins-not-central-banks/
- Gabriel Shapiro on DAOs: https://lexnode.substack.com/p/wyomings-legal-dao-saster
- Morgan Harper thread: https://twitter.com/mh4oh/status/1463219384776806402
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.
Technologies, AI models, technical methods, capabilities, limitations, and adoption implications.
Repeatable methods, frameworks, mental models, processes, and systems.
A dedicated analysis of warnings, limitations, trade-offs, weak evidence, and uncertainty.
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.