You either get why the fight for Tornado Cash is existential for crypto, or you don't get crypto.

Roman Storm should be freed. It is not a crime to write code. It is equally absurd for SDNY to suggest charges against VCs that backed Roman.

A court of law is a serious place. It isn't a movie set for prosecutors' smears & half-truths. It isn't a college debate stage for clever missives. It's where we decide who loses liberty and who doesn't. The government should act like it.

Congratulations @_jikim, Very well deserved! CCI benefits greatly from your leadership and policy acumen

Good to see @TheEconomist softening on crypto and stablecoins. “In fact, the rest of the world should swallow its doubts and follow America. Stablecoins hold out the potential for much-needed innovations in the world’s payment systems. If they are regulated well—as the genius Act promises—that dream has a chance to be realised.”

Oh?

By soliciting stakeholder input on market structure, @SenatorTimScott is reaffirming his commitment to setting the global standard for digital asset regulation. These actions serve as crucial steps to classify tokens, modernize securities laws, & prevent illicit finance.

Overall, it’s a good bill, especially if your primary complaint about CLARITY was the lack of SEC disclosures. The biggest issue with the bill is that it’s missing its” other half:” the CFTC regulations. For that, we have to wait for an Agriculture Committee discussion draft. I do think the clean rubric for digital assets via the ancillary assets section is a better, more workable approach than maturity test of CLARITY. Above all else, this law has to be workable, and simpler and cleaner is a better approach than anything complex. Only the lawyers benefit from complexity ultimately.

there's 3 days left to apply for the paradigm fellowship I was a fellow in 2024 and it was one of the highlights of my year if you're young, technical and interested in crypto, markets and how money moves online, this is your chance to meet more people like you -- apply!

There’s a crypto market structure bill — that means it’s time for a @JBSDC deep dive