Matt

startup lawyer, not yours

[Matt @Katon_Crypto]

Going to be some very difficult conversations between animation studios who want to implement the tech and the artists who very often despise it.
Fans may initially side with artists but what happens when studios can release new episodes of One Piece simultaneous with the manga?

[Matt @Katon_Crypto]

The Ghibli AI images are shockingly good. There’s a certain warmth to the style that is captured and reproduced very well. Hard not to imagine what this can do to the animation industry.

[Matt @Katon_Crypto]

@lex_node Would be strange given that Hayao Miyazaki is strongly against AI generated art.

[Matt @Katon_Crypto]

@CaseyMattox_ Brutal pull for Pruneyard in Round 1

[Matt @Katon_Crypto]

@BillHughesDC @SECGov Reiners was the most effective skeptic. I thought he articulated the embodiment theory well but I just don’t think he cares about this nearly as much as JRS or BetterMarkets.

[Matt @Katon_Crypto]

Appreciate @collins_belton and others pushing back on the notion that attempting to clarify securities status is too hard. Would like more engagement from the skeptics on the problems with the guiding principles and examples offered by Miles and Sarah.

[Neeraj K. Agrawal @NeerajKA]

We won

[Matt @Katon_Crypto]

This is an almost-perfect Crypto Law All Star game

[Eleanor Terrett @EleanorTerrett]

🚨NEW: The @SECGov Crypto Task Force has announced the panelists that will be attending its first industry roundtable entitled “How We Got Here and How We Get Out – Defining Security Status.”

The group of twelve lawyers and academics will join the task force for a discussion on Friday, March 21 from 1PM-5PM at the SEC HQ in Washington D.C. The discussion will be moderated by Troy Parades, Founder of Paredes Strategies LLC.

Here’s the attendee list:

📌@collins_belton, Managing Partner, Brookwood P.C.

📌@SH_Brennan, General Counsel, Delphi Ventures

📌@ChrisBrummerDr, Professor of Financial Technology, Georgetown Law

📌@NYcryptolawyer, Co-Chair, CahillNXT

📌Coy Garrison, Partner, Steptoe

📌 @teresagoody, Partner, BakerHostetler

📌@milesjennings, General Counsel, @a16zcrypto

📌@leereiners, Lecturing Fellow, Duke Financial Economic Center and Duke Law

📌Benjamin Schiffrin , Director of Securities Policy, @BetterMarkets

📌@RSSH273, Special Counsel, Cooley LLP

📌@JohnReedStark, John Reed Stark Consulting LLC

[Matt @Katon_Crypto]

@JacobRobinsonJD Welcome back! We’ve all missed your insights. Proud of your resilience and hope this ugly chapter is behind you.

[Matt @Katon_Crypto]

@BillHughesDC @michaelselig @SECGov @HesterPeirce Congrats @michaelselig! Excited to see your work.

[Hester Peirce @HesterPeirce]

The fact that you might lose money on something does not make it a security. Be careful out there: https://t.co/NmJfHGELRN

[Matt @Katon_Crypto]

Not everything is or should be a security subject to SEC regulation. Few understand this.

[Sheel Mohnot @pitdesi]

TL;DR on the SEC statement about meme coins

They are so useless that they aren’t considered a security.

Apparently unregulated gambling is ok.

[Matt @Katon_Crypto]

@fund_defi @SamouraiWallet @peek_spencer Looking forward to reading

[Matt @Katon_Crypto]

@lex_node “They keep calling it Stellar but it doesn’t look so stellar to me. I call it Losar.”

[Brian Quintenz @BrianQuintenz]

It is my great honor to be nominated by President @realDonaldTrump as the next Chairman of the Commodity Futures Trading Commission, where I had served as a Commissioner in his last administration. The @CFTC plays a critical role in maintaining robust hedging and price discovery markets that are the envy of the globe. The agency is also well poised to ensure the USA leads the world in blockchain technology and innovation. I look forward to working with President Trump’s incredible financial regulatory team. 🇺🇸

[Eleanor Terrett @EleanorTerrett]

🚨NEW: Here’s the first requested pause on #crypto litigation in the courts since @MarkUyedaUS took over as acting chair.

@binance and the @SECGov have just filed a joint motion to stay the agency’s case against the exchange for 60 days, citing the new SEC crypto task force as having a possible bearing on the case.

“The work of this task force may impact and facilitate the potential resolution of this case.”

Following the 60-day period, the parties plan to issue a joint status report to see whether a continuation of the stay is warranted.

I expect we’ll see other non-fraud cases (i.e. @Ripple, @coinbase, @krakenfx and others) follow suit in this manner.

[Matt @Katon_Crypto]

Highly recommend following this account for a nuanced, pro-regulation perspective

[Rogue CFPB @RogueCfpb]

I think many will have a knee jerk reaction that this is a negative or bad for bank regulation, just because of the context and who is proposing it. And I think they’d be wrong.

“Reputational risk” has been an amorphous, black box of subjectivity that the bank regulators have used to much harm.

So don’t just immediately dismiss it as some wild Republican removal of protections, if that’s your first response to this.

[Matt @Katon_Crypto]

@nic_carter The Castle Island caucus is 2-0 in DC

[nic carter @nic_carter]

today on @OnTheBrinkCIV I sit down with Mike Lempres, the former chairman of Silvergate Bank, for his side of the story on FTX, the bank run, the liquidation of Silvergate, and the debanking affair.

https://t.co/GiUKgzvasW