On this episode of Archebyte, we’re joined by TuongVy Le to debate crypto regulation. Vy is at present a Accomplice at Bain Capital Crypto, Head of Regulatory & Coverage at BCC, and beforehand labored within the enforcement division on the SEC.
Vy begins off the dialog by giving listeners an summary of crypto regulation and coverage because it stands right this moment – an enforcement solely strategy with lack of steerage that leaves each founders and clients susceptible. She explains how the occasions of the previous yr have led regulators to turn out to be hostile in the direction of the crypto business as a complete, with out totally understanding the various vary of use circumstances for blockchain expertise.
We talk about the hazards of innovation outpacing regulation, and we acknowledge that if U.S. coverage fails to maintain up with the inevitable development in expertise, the following Google or Apple of crypto could possibly be based abroad. This devastating prospect is a direct implication of regulators’ failure to offer steerage.
Katherine and Vy go away listeners with recommendation on find out how to navigate the present regulation panorama, and share what you are able to do to assist the trigger. In any case, it’s not too late for the U.S. to be a world chief in crypto regulation and make the most of all blockchain expertise has to supply.
Archebyte is offered by Archetype, an early-stage crypto enterprise agency
accelerating the decentralized future. Study extra about Archetype at https://www.archetype.fund/
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⌛ TIMESTAMPS
0:00 Intro
1:38 Welcome Vy!
1:53 Vy’s background
5:07 The worth of various views
10:04 The state of crypto regulation right this moment
17:50 Why is regulation so troublesome?
20:18 Velocity of innovation vs. velocity of regulation
25:26 The pointless hostility of crypto regulation
26:57 Ought to U.S. based mostly crypto founders relocate?
30:53 It’s not too late for the U.S.
31:19 The Coinbase Wells Discover
32:14 Lack of regulation
36:12 What you are able to do to assist assist crypto regulation
41:12 Outro
DISCLAIMER: The data on this video is the opinion of the speaker(s) solely and is for informational functions solely. You shouldn’t construe it as funding recommendation, tax recommendation, or authorized recommendation, and it doesn’t characterize any entity’s opinion however these of the speaker(s). For funding or authorized recommendation, please search a duly licensed skilled.
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