Nicole F. Trudeau

Otherwise known as NFT.

Doing my best to navigate the world of crypto.

Not legal advice. Not investment advice either. Views are my own.

[Nicole F. Trudeau @ntrudeau]

@kkirkbos Fun fact: Chair Clayton was (is) an Independent so wasn’t included in the Republican count during Trump’s first term.

[Jacquelyn Melinek @jacqmelinek]

NEW @chain_reaction episode:

@RobinhoodApp is still on a quest to make crypto mainstream (w/ @JohannKerbrat)

https://t.co/m0RD0yTzww

[CoinDesk @CoinDesk]

LIVE: @RobinhoodApp crypto goes to Europe, @worldnetwork introduces a protocol update and more.

Plus, @JohannKerbrat, @tiagosada, @Ronwhammond and @max_guise
join "First Mover" on CoinDesk TV: https://t.co/RNIiq0Kmwm

[Johann Kerbrat @JohannKerbrat]

Robinhood Crypto launched in 2018 to give customers access to crypto in a safe way, and with no-commision fees. Today, we’re removing the barriers to entry for millions more during a pivotal moment in crypto. Being from France, this is a particularly proud moment for me. GM EU!! 🎉🎉🎉

[Larry Florio @larryflorio]

I’m only about 40 pages through the 434 page 💀 custody rule release put out by the @SECGov today, but a few initial thoughts

(tldr this is a huge change and a ton of even medium sized managers are going to struggle, as will major players like Carta)

https://t.co/XvVL9yyCvp

[Nicole F. Trudeau @ntrudeau]

Optimism for a new regulatory chapter with regulators acting as true partners with financial industry innovators rather than targeting the largest and most successful entrepreneurs with regulatory action.

https://t.co/6UZECir6lT

[Nicole F. Trudeau @ntrudeau]

With optimism officially dashed, Grayscale sues the SEC over its denial to convert the Grayscale Bitcoin Trust to a spot bitcoin ETF. In the absence of federal regulation, key regulatory issues continue to be hashed out in court.

https://t.co/LcB8hnWjvW

[Nicole F. Trudeau @ntrudeau]

The question is, will the proposed regulation be proportionate to the events they are designed to prevent?

[Nicole F. Trudeau @ntrudeau]

The impact of proposed regulations should be proportionate to the events they are designed to prevent.

Some context (and a bit of history):

(THREAD 1/6)

[Nicole F. Trudeau @ntrudeau]

As the facts surrounding the UST/LUNA @terra_money /@lunaterra_us meltdown are uncovered, it remains that such events will serve as a catalyst for Congress (and possibly other federal regulators) to act.

[Nicole F. Trudeau @ntrudeau]

Finally . . . a bipartisan bill enters the fray filling the gap between the CFTC's and the SEC's regulation of the digital asset marketplace.

But will it gain traction in the House?
https://t.co/aTtzwe3Cit

[Nicole F. Trudeau @ntrudeau]

I could dissect this from a legal perspective, but the bottom line is this: this is an important incremental step towards approval of a spot Bitcoin ETF in the United States, and it signals that the SEC is laying the groundwork. Baby steps!

https://t.co/TPkgX0dmrr

[Nicole F. Trudeau @ntrudeau]

"Russia's future is less certain and the prospects for its positive evolution more tenuous...Yet the viability of, say, Ukraine...will remain uncertain, especially if America fails to support [its] efforts at national consolidation." -- Zbigniew Brzezinski, 1997

#Ukraine

[Nicole F. Trudeau @ntrudeau]

What is "art" in the Metaverse? And how far will the reach of the First Amendment extend into the Metaverse to protect it?

[Nicole F. Trudeau @ntrudeau]

@carlmoon Fraud.

[Nicole F. Trudeau @ntrudeau]

Legislation that is inclusive and supportive of innovation is good legislation.

[Tom Emmer @GOPMajorityWhip]

Today, I introduced a bill prohibiting the Fed from issuing a central bank digital currency directly to individuals. Here’s why it matters: