The complex and evolving regulatory landscape for cryptocurrencies has been a topic for many years. After a long period of waiting, the SEC started pursuing fraud causes in the last 1-2 years. But the recent lawsuit against Kik is the first time that the SEC goes after a large, non-fraud case.

We were joined by lawyer Stephen Palley to discuss the Kik case, the US regulatory landscape and recent announcement of the Libra cryptocurrency promoted by Facebook.

Topics covered in this episode:

The SEC lawsuit against Kik
The potential path of the process and how it could resolve in the end
Why the Kik case is unlikely to provide any regulatory clarity in the next few years
What a settlement in the Kik case could look like
Whether the Howey test is still a sensible way to regulate securities
How US regulators will deal with decentralized exchanges
Stephen's thoughts on Libra

Episode links:

Sponsors:

Vaultoro: Trade gold to Bitcoin instantly and securely starting at just 1mg - http://vaultoro.com
Azure: Deploy enterprise-ready consortium blockchain networks that scale in just a few clicks - http://aka.ms/epicenter

This episode is hosted by Brian Fabian Crain & Friederike Ernst. Show notes and listening options: epicenter.tv/293

Stephen Palley: The Regulatory Landscape for Cryptocurrencies and the SEC's Case Against Kik