Welcome to The Chopping Block – where crypto insiders chop it up about the latest news. This week, Haseeb Qureshi and Tom Schmidt speak to Will Warren, cofounder of 0x Labs, to discuss why the CFTC issued them a Wells Notice, how they responded to regulatory scrutiny, and how other countries may offer a blueprint for crypto regulation.

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, TuneIn, Amazon Music, or on your favorite podcast platform.

Show highlights:

why the CFTC issued a Wells Notice to 0x
how a decentralized application addresses the issue of geolocalization of users
how the team at 0x worked together with the CFTC to avoid violating the Commodity Exchange Act (CEA) again
what are the implications of the settlement and who's liable for offering services
why it's so hard for crypto projects to follow the rules without clear regulatory guidance
why Haseeb says that the SEC wants this industry to “not exist”
how lack of regulatory clarity may be stunting US innovation
whether there's a conflict of interest between the companies building protocols and the protocols themselves

Hosts

Haseeb Qureshi, managing partner at Dragonfly
Tom Schmidt, general partner at Dragonfly

Guest

Will Warren, cofounder of 0x Labs

Disclosures

Links

Unchained:
UniswapX Launches With MEV Protection and Gas Free Swaps
CFTC Charges Three DeFi Protocols With Violating AML Rules, Operating Without Licenses

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