OpenSea’s BLURred Vision, Tech’s New Paradigm & MEV Talk | Roundup
Bell Curve
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Cryptocurrency - What's Your Business Model?
There are really specific laws around, you know, the SEC has about offering best execution for retail traders. And in crypto, we're just like, oh yeah. Well, we'll give him like shitty execution, but we'll kick back like 80% of the rewards to the users and SEC is like not going to like that. That fits with basically all of the existing SEC regulations around how these things are supposed to be served. It's not hard for us to do this, but every single quarter, we have to put together a best execution report which will eventually be discoverable by the SEC as a registered investment advisor. We have to make sure that we are going through the process.
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