Unchained: Big Ideas From The Worlds Of Blockchain And Cryptocurrency

CFTC Commissioners Dan Berkovitz and Brian Quintenz discuss the difficulties of regulating crypto derivatives and DeFi. Show highlights: their backgrounds what the CFTC’s duties are regarding crypto how the CFTC’s jurisdiction has evolved over the years why Commissioner Quintenz believes SEC Commissioner Hester Peirce’s safe harbor proposal is “brilliant” what relationship the CFTC and SEC have when making decisions on crypto assets why the commissioners believe CFTC’s complaints regarding BitMEX are “well-founded” why formal regulation for crypto derivatives is unlikely to be produced by the CFTC why leveraged derivatives products are a “concern” to the CFTC what makes regulating DeFi platforms so difficult when it comes to DeFi, who is a natural entity for the CFTC to regulate, if any whether the CFTC would ever go after DeFi "market participants," who the CFTC also regulates why smart contracts involving futures could be illegal  how the possibility that smart contracts could be illegal squar