Natasha and Deana invite TuongVy Le, Head of Regulatory & Policy at Bain Capital Crypto and former SEC counsel, on the podcast to discuss the lawsuits brought against Coinbase and Binance this week.
TuongVy provides an overview of the cases, giving an 'explain it like I'm 5' style-briefing for Natasha and Deana. Then, they dig into the different scenarios that could play out both in Congress and with the SEC. TuongVy provides a useful overview of why crypto trading needs to be regulated differently than traditional asset trading, and how things like real-time settlement and blockchain immutability are distinctions that require different frameworks. The conversation sheds light on the complexities - but also opportunities - faced by regulatory bodies in adapting to the rapidly evolving crypto industry.
This is a hugely informative podcast if you've been watching the regulatory news of the week but not sure what to make of it - give it a listen.
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