Gabriel Shapiro is an independent attorney who has spent the last two years focusing on the tokens and crypto. He has published several pieces diving deep into US Securities Law, in which he shares his vision and philosophy for how Tokenized Networks should be regulated. In light of the recent “safe harbor” framework proposed by SEC Commissioner Hester Pierce, Gabriel offers his thoughts and suggests how these measures could be improved in a way that would benefit the entire industry.

Topics covered in this episode:

Gabriel’s background and how he got into the blockchain space
What motivated Gabriel to write his series of posts
Why Securities Laws in the US appear more complex than other countries
The classifications we give tokens - commodities, currencies
The Howey Test and how it applies in the crypto space
What the Exchange Act 1984 is and the impact this has on companies that issue securities
Why crypto networks not complying with the Securities Law aren’t being punished
What is wrong in the blockchain industry and what it has to do with Securities Law
Gabriel’s philosophy and how Securities Law should be applied when issuing tokens and launching networks
The Safe Harbor proposal - what it is, how it defines things like decentralization and network maturity
Gabriel’s thoughts on how things can be improved

Episode links:

Sponsors:

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This episode is hosted by Sebastien Couture & Brian Fabian Crain. Show notes and listening options: epicenter.tv/328

Gabriel Shapiro: ZeroLaw – A Philosophy of Securities Laws for Tokenized Networks