Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

How does the SEC determine if a token is a security? Why is DeFi particularly hard to regulate? What will regulators do about stablecoins? On Unchained, Greg Xethalis, chief compliance officer at Multicoin Capital, and Collins Belton, founding partner at Brookwood P.C., dive into crypto regulation, discussing securities laws, DeFi regulation, and why the US should be promoting stablecoins rather than trying to shut them down. Highlights: why the SEC and CFTC have not announced bigger crypto enforcement news at the end of their fiscal years why the SEC is going after DINO (decentralized in name only) companies what the Howey and Reves tests areand how the SEC uses themto determine whether an asset is a security or not why Collins and Greg think the SEC has recently begun been applying Reves more often why they think centralized crypto lending products should not be considered securities under the Howey test whether new legislation needs to be written for cryptocurrency-based products what makes Collins