Episode description
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
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