BROADCASTS.com

b"How does the SEC determine if a token is a security? Why is DeFi particularly hard to regulate? What will regulators do about stablecoins? On Unchained, Greg Xethalis, chief compliance officer at Multicoin Capital, and Collins Belton, founding partner at Brookwood P.C., dive into crypto regulation, discussing securities laws, DeFi regulation, and why the US should be promoting stablecoins rather than trying to shut them down. Highlights:\\n\\nwhy the SEC and CFTC have not announced bigger crypto enforcement news at the end of their fiscal years\\n\\nwhy the SEC is going after DINO (decentralized in name only) companies\\n\\nwhat the Howey and Reves tests areand how the SEC uses themto determine whether an asset is a security or not\\n\\nwhy Collins and Greg think the SEC has recently begun been applying Reves more often\\n\\nwhy they think centralized crypto lending products should not be considered securities under the Howey test\\n\\nwhether new legislation needs to be written for cryptocurrency-based products\\n\\nwhat makes Collins think the SEC is being \\u201cdisingenuous\\u201d regarding the SEC registration process for crypto companies, like Coinbase\\n\\nhow regulators will end up handling DeFi and why both Greg and Collins are long-term optimistic\\n\\nhow the US government has a \\u201cgreat history\\u201d of respecting privacy and encryption\\n\\nwhy regulatory pressure is likely to build up around centralized crypto exchanges and what we can learn from the EtherDelta case\\n\\nwhy Collins thinks most cryptocurrency companies should be regulated\\xa0\\n\\nwhy the SEC is the best motivator for forcing protocols to fully decentralize\\n\\nhow smart contracts could theoretically be used to standardize SEC Commissioner Hester Peirce\\u2019s Safe Harbor proposal\\n\\nhow blockchain data makes cryptocurrency companies more transparent and easier to regulate than centralized entities\\n\\nwhat Collins and Greg think will happen with stablecoin regulation going forward\\n\\nwhy the US should be pushing to make dollar-pegged stablecoins more prominent\\n\\n\\xa0\\nTake the Unchained survey!\\nHave idea son how we can improve at Unchained? Let us know. This is the last week in which you can take the Unchained survey and be entered to win a BTC Candle. Be sure to end by EOD Friday. We'll be announcing the winners in next week's show.\\xa0https://www.surveymonkey.com/r/unchained2021\\xa0\\n\\xa0\\nThank you to our sponsors!\\nCrypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021\\xa0\\xa0\\xa0\\xa0\\xa0\\nNodle: https://bit.ly/3AXGydJ\\xa0\\n\\xa0\\nEpisode Links\\n\\xa0\\nGreg Xethalis\\n\\nTwitter: https://twitter.com/xethalis\\xa0\\n\\nLinkedIn: https://www.linkedin.com/in/xethalis/\\xa0\\n\\n\\xa0\\nCollins Belton\\n\\nTwitter: https://twitter.com/collins_belton\\xa0\\n\\nLinkedIn: https://www.linkedin.com/in/collins-belton-10226283/\\n\\n\\n\\xa0\\nCases Mentioned\\n\\nSEC charged DeFi Money Market\\xa0\\n\\n\\n https://www.coindesk.com/markets/2021/08/06/sec-charges-so-called-defi-company-for-allegedly-fraudulent-30m-offering/\\xa0\\n\\nSEC charged EtherDelta\\n\\n\\n https://www.coindesk.com/markets/2018/11/08/sec-charges-etherdelta-founder-over-unregistered-securities-exchange/\\xa0\\n\\nHowey Test and Reves Test\\n\\n https://securities-law-blog.com/2014/11/25/what-is-a-security-the-howey-test-and-reves-test/\\n\\n\\n https://skrypto.sewkis.com/howeys-cousin-reves-may-be-another-way-for-the-sec-to-argue-that-tokens-are-securities\\xa0\\n\\n\\n https://www.creditslips.org/creditslips/2021/09/coinbase-and-the-sec-.html\\xa0\\n\\nDINO\\n\\n\\n https://twitter.com/hesterpeirce/status/1423637816492318722?lang=en\\xa0\\n\\n\\xa0\\n\\n-uniswap-labs-investigation-could-signal-a-new-era-of-enforcement\\xa0\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"