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Show Notes

[00:01:52] - [First question] - How he went from a traditional finance lawyer to a crypto one

[00:08:05] - A framework for how to think of the regulatory bodies that intersect with crypto

[00:12:46] - Who’s responsible when you receive an OFAC sanction and what it was like seeing a protocol receive one

[00:20:32] - Whether or not OFAC is an organization that tries to send a message to participants through their actions

[00:23:15] - Thoughts about the line regulators are walking between being thorough and protecting transaction privacy

[00:29:32] - Money laundering in traditional finance versus crypto

[00:34:37] - How law enforcement could enforce or stop a truly decentralized smart contract

[00:38:44] - The nature of disclosure and what the Howey Test is

[00:47:34] - Commissioner Hester Peirce; Smart Regulation and how guidance and enforcement can help legitimize an asset class

[00:51:25] - His take on the recent FTX piece that came out

[00:54:43] - Thoughts on stablecoins, their uses, and a possible means of destabilization

[01:00:32] - The tension between innovation and compliance and the implications of the balance between them

[01:06:40] - What he’s doing about policy in light of everything that was discussed today