BROADCASTS.com

Mike Selig, counsel at Willkie Farr, has plenty to talk about this week, with a slew of actions from Gary Gensler\u2019s SEC putting the future of crypto in the U.S. in question. From Kraken\u2019s custodial staking settlement to action against BUSD issuer Paxos, the former CFTC law clerk voices concern that coordination among regulators could choke off the industry\u2019s growth. Hear how Selig thinks Gensler\u2019s SEC is working to bring crypto markets \u201cwithin the regulatory perimeter.\u201d\n\nShow highlights:\n\nwhether regulators are using the FTX case to go against crypto as a whole\n\nwhat likely caused the NYDFS action against Paxos for BUSD\n\nwhether there\u2019s a coordinated effort to undermine the crypto markets\n\nhow issuers could argue that stablecoins aren\u2019t securities\n\nwhy there are limited implications for staking as a whole after Kraken\u2019s SEC settlement\n\nhow the regulators are \u201cdiscouraging access and participation in crypto markets at the banking level\u201d\n\nthe differences between Gary Gensler\u2019s SEC and that of his predecessor, Jay Clayton\n\nhow the Gensler administration is skeptical of governance and DAOs\n\nwhy the SEC\u2019s crypto custody rule proposal is refreshing, albeit not perfect\n\n\n\nThank you to our sponsors!\nCrypto.com\n\n\nGuest\nMike Selig, counsel at Willkie Farr\nTwitter\n\nLinks\n\n\nUnchained:\xa0\n\nCircle Told NYDFS That Paxos-Issued BUSD Wasn\u2019t Fully Backed\n\nSEC Wants Tougher Rules for Crypto Custody\n\n\nCoinDesk: SEC Proposal Could Bar Investment Advisers From Keeping Assets at Crypto Firms\n\n\n\nWSJ: Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD Token\n\n\nRegulator Orders Crypto Firm Paxos to Stop Issuing Binance Stablecoin - WSJ\n\n\nThe Block: SEC action against Paxos paints regulatory target on stablecoins\n\n\nTom Wan on the ramifications of Paxos being ordered to stop issuing BUSD\xa0\n\n\nBloomberg: US Crackdown Seeks to Push Crypto Back to the Fringes of Finance\n\n\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices