GC @Multicoin. Board @nakamoto @BlockchainAssn @fund_defi FLAA. Lecturing Fellow @DukeLaw. Opinions are my own. Not a solicitation / offer for advisory services
On Tuesday, I had the honor of testifying before the Senate Banking Committee’s Digital Asset Subcommittee as they move on from GENIUS to consider market structure legislation. Some highlights from the hearing.
New essay out on the @multicoin blog, which is an evolution of our thinking on DeFi value capture
TLDR is in a world where software costs trend to zero, finance is one of the most obvious industries where moats will exist and DeFi is perfectly positioned https://t.co/iXBtFnZndw
1/ Big day for @solana. @formation_so has notified the SEC that it intends to operate the first tokenized securities venue on Solana, with tokenized U.S. stocks carrying the same voting and dividend rights as traditional shares. This one has been a long time coming…
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Congratulations to the incoming members of the 120th Congress!
We are at an interesting political moment. As technological innovation continues to accelerate, policymakers will face increasingly complex decisions about how emerging technologies, especially AI, are developed and regulated in the United States. The 120th Congress will confront technology policy questions that will inevitably have significant implications on software developer liability and the future of American innovation.
Defend Developers PAC remains committed to supporting Congressional leaders who champion software developers and a technology-optimistic vision for America’s future. DDPAC will continue to support Congressional leaders who stand up for developer protections to preserve America’s technological leadership.
Looking at the photos from the @FordhamCrypto Symposium, I don't think the Skadden Conference Center has ever been as full as it was for @ChairmanSelig.
Today, equity perps can begin trading for the first time on @CFTC registered exchanges.
This move reflects my commitment to ensuring that America’s markets remain the most innovative, liquid, and well-regulated in the world. Instead of being forced to turn to offshore, unregulated venues to access equity perpetual futures, Americans may now access equity perps on CFTC-regulated markets subject to robust safeguards.
I appreciate the continued partnership of @SECGov and @SECPaulSAtkins as we work to further harmonize our agencies' regulatory initiatives.
Chapman was proud to collaborate with @crypto_council and Vault Coalition anchors @Bitwise, @galaxyhq, and @Morpho on the publication of Under Control: A Framework for Applying the Federal Securities Laws to Crypto Vaults. Read the full report: https://t.co/XnUMbQVEZE
The @CFTC proposed new regulations to establish a federal registration option for crypto exchanges that would bring to crypto markets the same time-tested safeguards that have protected American derivates markets from cyber and other risks for decades.
Markets are best protected when regulated in the U.S. @SaraEisen@SquawkStreet