Gabriel Shapiro: Demystifying Crypto Legalities, the Motivations of Regulatory Bodies, and Stablecoin Regulation

The Delphi Podcast Host and GP of Delphi Ventures Tom Shaughnessy sits down with Gabriel Shapiro, General Counsel at Delphi Labs, Delphi’s very own project incubator. The two discuss legal differences between traditional businesses and crypto, the motivations of regulatory bodies, regulation on centralized and decentralized stablecoins and much more!

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Show Notes:

(00:00:00) – Introduction.

(00:02:35) – Gabriel’s background.

(00:04:17) – War stories from Gabriel’s VC days.

(00:06:17) – Biggest legal differences between projects in crypto and the traditional world.

(00:11:23) – Regulatory bodies that have the most impact on crypto.

(00:15:23) – How motivations to support innovation and regulatory turf wars can coexist.

(00:18:56) – Gabriel’s thoughts on pushing the boundaries of regulation.

(00:22:07) – What Gabriel would say to Gary Gensler.

(00:27:00) – What a regulatory attack on a big DeFi project could look like.

(00:32:05) – Regulation on decentralized teams.

(00:35:39) – Governments and fair launches.

(00:39:03) – How much Americans’ voices matter.

(00:42:13) – What regulators really care about.

(00:44:13) – Personal liability and why it's important.

(00:48:43) – Regulation and stablecoins.

(00:51:51) – How regulating $USDC would affect DeFi.

(00:54:13) – The regulatory resistance of $UST.

(00:57:06) – The optimal formation for a crypto project.

(01:01:41) – The ways other lawyers can get up to speed on crypto regulation.

(01:04:44) – How crypto is disrupting the traditional legal model.

Resources:

Our Video interviews Can Be Viewed Here: https://www.youtube.com/channel/UC9Yy99ZlQIX9-PdG_xHj43Q