Bankless ROLLUP: SEC Announces "Project Crypto." This Changes Everything.
83 snips
Aug 1, 2025 
Haseeb Qureshi, Managing Partner at Dragonfly Capital and a crypto investor, dives into the SEC's transformative Project Crypto and its implications for the cryptocurrency landscape. He celebrates Ethereum's tenth birthday, reflecting on its impressive growth despite legal hurdles. The discussion also touches on the contentious Roman Storm case, the launch of ETH Zilla, and new developments in crypto ETF regulations. With a mix of excitement and caution, Haseeb examines the evolving regulatory environment and its potential impact on innovation in the crypto space.
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Ethereum's 10th Birthday Milestone
- Ethereum turning 10 years old marks a milestone with depth of community stories and evolving impact.
- It shows Ethereum as a longstanding foundation, celebrated broadly beyond just crypto circles.
Bring Crypto Assets Onshore
- Do build and launch crypto projects clearly within U.S. legal frameworks.
- Avoid complex offshore foundation setups; regulatory clarity supports entrepreneurs onshore.
Simplifying Crypto Licensing
- SEC intends to simplify licenses enabling crypto firms to offer varied services under one federal license.
- This reduces state-by-state battles and empowers broader crypto innovation and integration.