Unchained Kristin Smith on Why Crypto Legislation Could Be Passed by Year's End - Ep. 404
Oct 7, 2022
Kristin Smith, the Executive Director of the Blockchain Association, dives into the complexities of crypto regulation. She discusses the impacts of the Tornado Cash sanctions and the CFTC lawsuit against Ooki DAO. Kristin sheds light on the SEC's charges against Kim Kardashian, questioning whether they were a mere publicity stunt. With an eye on upcoming legislation, she shares her thoughts on the prospects of crypto bills passing by the year's end and why stablecoin regulations might be delayed.
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Episode notes
Tornado Cash Sanctions
- Regulators may not have fully grasped the implications of sanctioning Tornado Cash smart contracts.
- This action was likely driven by broader national security concerns, specifically targeting North Korea.
Ooki DAO and CFTC
- The CFTC's lawsuit against Ooki DAO highlights the legal challenges DAOs face.
- Clearer legal frameworks are needed to provide limited liability and define DAO legal status.
SEC, Kim Kardashian, and Publicity
- The SEC's settlement with Kim Kardashian was likely a publicity stunt.
- The case generated significant media attention but didn't offer clarity on EthereumMax's security status.
