Kristin Smith on Why Crypto Legislation Could Be Passed by Year's End - Ep. 404

Published: Oct. 7, 2022, 8:30 a.m.

b"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.\\xa0\\n\\xa0\\nShow highlights:\\n\\nwhether regulators did not understand the implications of sanctioning smart contracts\\n\\nthe necessity of having a conversation around financial privacy\\n\\nwhether the government wants sanctions compliance at the base layer\\n\\nthe reasons behind the CFTC lawsuit against Ooki DAO\\xa0\\n\\nwhy the SEC settled charges with Kim Kardashian and whether it was a publicity stunt\\n\\nthe chances of the different crypto bills becoming law\\n\\nwhy Kristin thinks stablecoin legislation won\\u2019t come this year\\n\\nwhether the CFTC being the main regulator of crypto settles the question of crypto being securities or commodities\\n\\nThank you to our sponsors!\\n\\xa0\\n1inch\\nCrypto.com\\n\\xa0\\nKristin\\nTwitter\\xa0\\n\\xa0\\n\\xa0\\nThe lawsuit against Ooki DAO\\n\\nPrevious coverage of Unchained on Ooki DAO: Why the Ooki DAO Case Could Hurt Participation in DAOs\\n\\n\\nCFTC Filing\\n\\n\\n$250,000 fine\\n\\n\\nCoinDesk\\u2019s Nik De\\u2019s analysis\\n\\n\\nCFTC Commissioner Summer Mersinger\\u2019s dissenting statement\\n\\n\\nJake Chervinsky\\u2019s opinion\\n\\n\\nOoki DAO\\u2019s options\\n\\n\\nCFTC serving the members of the Ooki DAO via their forum\\n\\nTim Copeland\\u2019s article on what\\u2019s next for DAOs\\n\\nA federal court ruled that the CFTC legally served Ooki DAO through a website help bot.\\n\\nThe LeXpunK Army filed a motion for amicus status in the SEC case against bZx/Ooki DAO.\\n\\nCrypto group DeFi Education Fund argued that the CFTC should properly serve Ooki DAO\\u2019s actual members, not just the DAO at large.\\n\\n\\xa0Tornado Cash\\n\\n\\nTreasury Press release\\xa0\\n\\nPrevious coverage of the Tornado Cash sanctions on Unchained:\\n\\n\\nIs TRM Labs Blocking Addresses From DeFi Protocols? Ari Redbord Says No\\xa0\\n\\nTornado Cash Sanctioned. Did the Government Overstep Its Bounds?\\n\\nThe Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?\\n\\nGiven the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?\\n\\nPreston Van Loon on Ethereum's Merge and His Lawsuit Against Treasury\\n\\n\\xa0\\nLegislation\\n\\n\\nDigital Commodities Consumer Protection Act of 2022\\n\\nEurope\\u2019s MiCa bill\\n\\nPrevious coverage of Unchained on legislation:\\n\\nWhy Senator Pat Toomey Thinks SEC Chair Gary Gensler Is Wrong About Crypto\\n\\nCongressman Ro Khanna: How to Get More Democrats into Web3\\n\\nWhy the Crypto Industry Believes SEC Regulation by Enforcement Hurts US Consumers\\n\\n\\xa0\\nSEC charges against Kim Kardashian\\n\\nThe SEC fined reality TV star Kim Kardashian $1.26 million for promoting a crypto security without proper disclosure.\\n\\nFortune article:\\xa0The SEC\\u2019s Kardashian fine was a dumb publicity stunt\\n\\n\\n\\xa0\\nStablecoins\\n\\nStablecoin Draft Bill\\n\\nBloomberg article: Senator Pat Toomey Still Sees Chance of Stablecoin Legislation This Year\\n\\n\\n\\xa0\\n\\xa0\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"