Coffee & Crypto with Lee & Jimmie

Lee and Jimmie break down the midterm election results and what they mean for the crypto industry going forward, then offer their takes on the Binance hack.

📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie

📌 Hosts on X (formerly Twitter): • Lee Reiners: @leereiners • Jimmie Lenz: @jimmie_lenz

🔗 Related Links: • North Korea Denies Role in $6.3 Billion Binance Crypto Heist (Bloomberg) • North Korea-Linked Hackers Infiltrated Binance for Months Before $6.3 Billion Hack (CoinDesk) • Binance Publishes Zero-Knowledge Reserve Proof for BTC, ETH and 8 Other Tokens After Hack (Unchained) • The Binance Hack Is a National Security Alarm (ICBA) • How Vulnerable Are Cryptocurrency Platforms? | Inside Story (Al Jazeera English)

Lee and Jimmie discuss the OCC's final GENIUS Act rule, the OCC's invite to community banks to issue their own stablecoin, Ripple's final approval for a national trust bank charter, and a Circle shareholder suing Trump for violating the Constitution's Emoluments Clause.

📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie

📌 Hosts on X (formerly Twitter):

• Lee Reiners: @leereiners
• Jimmie Lenz: @jimmie_lenz

🔗 Related Links:

• GENIUS Act Regulations: Final Rule | OCC
• OCC's Final Stablecoin Rule Backs Off Yield Test, Scraps Automatic Redemption Extension | Unchained
• OCC Invites Community Banks to Seek Stablecoin Issuer Approval Before Applications Open | Unchained
• Ripple Gets Final Federal Approval for a Trust Bank to Manage Its Stablecoin's Reserves | Unchained
• Ex-Circle Engineer Takes Trump to Court Over Emirati Payments to World Liberty Financial | Unchained

Lee and Jimmie discuss former Trump administration crypto czar Bo Hines, whose company received millions from Tether while he was negotiating the GENIUS Act; the new tokenized stock trading joint venture between OKX and ICE; why some companies are opting out of having their shares tokenized; JPMorgan launching tokenized deposits on Ethereum; and Binance.US seeking to raise $100 million.

📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie

📌 Hosts on X (formerly Twitter): • Lee Reiners: @leereiners • Jimmie Lenz: @jimmie_lenz

🔗 Related Links: • He Crafted a Crypto Law for Trump, as His Company Got Millions From a Crypto Giant (WSJ) • OKX Joint Venture Files With SEC to Launch Tokenized Trading Platform (Reuters) • From Verizon to UnitedHealth, Corporate America Is Balking at "Tokenized" Stocks (WSJ) • JPMorgan Brings Deposit Token JPM Coin to Ethereum for Institutional Clients (Bloomberg) • Binance.US Seeks $100 Million to Expand Its Crypto Business (Bloomberg)

Lee and Jimmie discuss the ICBA's lawsuit against the OCC over trust company charters, the CFTC's new proposal to regulate crypto exchanges, and BlackRock's new tokenized fund offerings courtesy of Ondo.

📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie

📌 Hosts on X (formerly Twitter): - Lee Reiners → @leereiners - Jimmie Lenz → @jimmie_lenz

🔗 Related Links: - Community Bankers Sue Federal Bank Regulator to Overturn Crypto Trust Charter Rule (Unchained) - CFTC Seeks Comment on First Crypto Rules for Leveraged Trading, Leaving Spot Markets Out (Unchained) - BlackRock Investment Portfolios Debut on the Blockchain as Digital Tokens (WSJ)

Lee and Jimmie discuss the pending departures of SEC Commissioner Hester Peirce and Blockchain Association President Summer Mersinger, the potential for AI agents to trigger bank runs, and a new Blackrock paper on the intersection of AI and blockchain 📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie 📌 Hosts on X (formerly Twitter):

• Lee Reiners → @leereiners
• Jimmie Lenz → @jimmie_lenz

🔗 Related Links:

• Hester Peirce on X: "T minus 7 https://t.co/LrudEdFcKG" / X
• Blockchain Association CEO Summer Mersinger to Step Down; Kristin Smith, the Association's Founding Leader, to Return as Interim CEO | Blockchain Association | Blockchain Association
• Is an Agentic Bank Run Coming? | The Daily Spark
• the-machine-native-economy.pdf
• Federal Reserve Board - Federal Reserve Board requests public comment on two proposals related to establishing a regulatory framework for Board-supervised payment stablecoin issuers under the GENIUS Act

Lee and Jimmie discuss all the post-Clarity finger pointing, the concept of "onchain finance", the SEC's new "Innovation Exemption" for tokenized stocks, and Circle's new strategic partnership with Binance. 📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie 📌 Hosts on X (formerly Twitter):

• Lee Reiners → @leereiners
• Jimmie Lenz → @jimmie_lenz

🔗 Related Links:

• Crypto Blew Its Big Moment—and the Blame Game Has Begun - WSJ
• Onchain finance is coming to Wall Street—and ignoring it is no longer an option | Fortune
• SEC.gov | SEC Issues "Innovation Exemption" to Facilitate the Trading of Tokenized NMS Stock and Request for Comment
• Manhattan Prosecutors Probe Whether Binance Knowingly Allowed Iran-Linked Trading - Unchained
• New five-year agreement focuses on promotion of USDC globally | Circle

Lee and Jimmie discuss CLARITY's demise, the SEC's new transfer agent proposal and no action relief for tokenized money market fund custody, a dispute between AMC and Robinhood over tokenized stock, and the banking regulators warning shot to community bank core service providers. 📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie 📌 Hosts on X (formerly Twitter):

• Lee Reiners → @leereiners
• Jimmie Lenz → @jimmie_lenz

🔗 Related Links:

• Senate cloture vote on Clarity Act fails, dealing regulatory blow to crypto industry
• SEC.gov | SEC Proposes to Modernize Rules for Registered Transfer Agents
• SEC.gov | Franklin Templeton
• AMC-Robinhood Feud Shows Cracks in Tokenization Spree - Bloomberg
• Proposed Interagency Third-Party Risk Management Guidance and Issuance of Joint Statement on Community Banks' Engagement with Core Service Providers | FDIC.gov

Lee and Jimmie discuss stablecoin and tokenized deposit insights from the Federal Reserve's annual Jackson Hole symposium, World Liberty Financial's new trust company being backed by the UAE, and Uniswap founder Hayden Adams' thoughts on how tokenization will supercharge automated market making. 📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie 📌 Hosts on X (formerly Twitter):

• Lee Reiners → @leereiners
• Jimmie Lenz → @jimmie_lenz

🔗 Related Links:

• Jackson Hole Economic Policy Symposium 2026 - Federal Reserve Bank of Kansas City
• Pushing the monetary frontier: stablecoins and tokenised deposits | Bank for International Settlements
• Exclusive | Trump Family's New Crypto Bank Is Backed by Abu Dhabi Sheikh - WSJ
• https://x.com/haydenzadams/article/2089531754004554215

Lee and Jimmie discuss a White House meeting to jumpstart Clarity, a Trump Hyperliquid shoutout, the SEC's new Regulation Crypto Assets, comments on the SEC's repeal of the Trade-Through Rule, World Liberty getting an OCC trust charter, and Treasury's new proposal on key Genius Act provisions. 📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie 📌 Hosts on X (formerly Twitter):

• Lee Reiners → @leereiners
• Jimmie Lenz → @jimmie_lenz

🔗 Related Links:

• Trump pushes Congress to move on Clarity Act during White House crypto event
• SEC.gov | SEC Proposes New Regulation Crypto Assets
• Crypto Industry Faces New Rules as CFTC Weighs Action Beyond Congress - Bloomberg
• Crypto bank part-owned by Trump family offers depositors way to 'gain favor' with White House, experts say | Donald Trump | The Guardian
• Treasury Seeks Public Comment on GENIUS Act Proposed Rulemaking | U.S. Department of the Treasury
• Investors Slam SEC Plan to Remove Best-Price Rule - WSJ
• Hyperliquid Strategies Soars After Trump Pushes for Platform's US Expansion - Bloomberg

Lee and Jimmie discuss the SEC's delayed announcement of an "innovation exemption," Wells Fargo's tokenized deposit product, new tokenized money market funds coming to Europe, UK banks saying no to crypto customers, tokenizing metals, and a new government policy that may let companies hack back. 📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie 📌 Hosts on X (formerly Twitter):

• Lee Reiners → @leereiners
• Jimmie Lenz → @jimmie_lenz

🔗 Related Links:

• SEC to again delay 'innovation exemption' for tokenization amid Wall Street, White House concerns
• Exclusive | Wells Fargo to Roll Out Tokenized Deposits for Corporate Clients - WSJ
• BlackRock Launches Tokenized Money Market Funds in Europe - Bloomberg
• Digital gold, copper and uranium: prospectors stake bets on metals-crypto fusion
• Banks' refusal to take on crypto firms risks stunting UK industry's growth, lawmakers say
• Trump signed memo to allow use of cyber tools to target transnational criminal organizations, White House says | Reuters