Lee and Jimmie discuss the hoopla surrounding the pending approval of a bitcoin spot ETF, the DoJ’s decision not to charge Sam Bankman-Fried with campaign finance violations, and US District Judge Jed Rakoff’s recent ruling that Terra and its founder, Do Kwon, violated federal laws by offering and selling unregistered securities.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Digital Assets at Duke: https://www.digitalassetsatduke.org/

Jimmie debriefs his visit to the Middle East for Digital Assets at Duke Abu Dhabi. Lee and Jimmie then preview the upcoming Digital Assets at Duke main conference to be held in Durham, NC January 31-February 2, 2024.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Digital Assets at Duke: https://www.digitalassetsatduke.org/

Global dealmaking drops below $3tn for first time since 2013: Global dealmaking drops below $3tn for first time since 2013 (ft.com)

Lee and Jimmie discuss the DoJ settlement with Binance, the Treasury Department’s request for additional authority to combat crypto’s use in illicit finance, and the problems with title insurance.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Digital Assets at Duke: https://www.digitalassetsatduke.org/

Binance and CEO Plead Guilty to Federal Charges in $4B Resolution: https://www.justice.gov/opa/pr/binance-and-ceo-plead-guilty-federal-charges-4b-resolution

Treasury Seeks Expanded Sanctions Powers in Digital Space: https://www.bloomberg.com/news/articles/2023-11-29/treasury-seeks-expanded-sanctions-powers-in-digital-space

Washington Quietly Scrapped a Plan to Save Homeowners Thousands of Dollars: https://www.wsj.com/finance/regulation/washington-quietly-scrapped-a-plan-to-save-home-buyers-thousands-of-dollars-03dae13e?mod=regulation_news_article_pos2

In this Thanksgiving-themed episode, Lee and Jimmie discuss the crypto-related people and organizations they are thankful for.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Digital Assets at Duke: https://www.digitalassetsatduke.org/

Lee and Jimmie discuss the CFPB's new proposal to supervise non-bank digital wallets and payment apps. They also comment on Elon Musk's efforts to turn X into a full service finance app.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

CFPB PRoposes New Federal Oversight of Big Tech Companies and Other Providers of Digital Wallets and Payment Apps: https://www.consumerfinance.gov/about-us/newsroom/cfpb-proposes-new-federal-oversight-of-big-tech-companies-and-other-providers-of-digital-wallets-and-payment-apps/

Elon Musk gives X employees a year to turn app into finance platform: 'You won't need a bank account': https://nypost.com/2023/10/27/business/elon-musk-gives-x-employees-a-year-to-turn-app-into-finance-platform/

Lee and Jimmie reflect on the Sam Bankman-Fried verdict. The also breakdown the GAO’s finding that SEC Staff Accounting Bulletin 121 is a de-facto rule and the recent crypto regulation plan adopted in the UK.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Securities and Exchange Commission—Applicability of the Congressional Review Act to Staff Accounting Bulletin No. 121: https://www.gao.gov/products/b-334540

UK confirms plans to regulate crypto industry with formal legislation: https://www.cnbc.com/2023/10/30/uk-confirms-plans-to-regulate-crypto-industry-with-formal-legislation.html

Jimmie recaps his testimony from earlier this week in front of the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion. Lee and Jimmie then discuss JPM Coin and the controversy surrounding the Wall Street Journal’s reporting on Hamas’ use of cryptocurrency.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Hearing Entitled: Modernizing Financial Services Through Innovation and Competition: https://financialservices.house.gov/calendar/eventsingle.aspx?EventID=408989

JPMorgan Says JPM Coin Now Handles $1 Billion Transactions Daily: https://www.bloomberg.com/news/articles/2023-10-26/jpmorgan-says-jpm-coin-now-handles-1-billion-transactions-daily#xj4y7vzkg

Hamas Militants Behind Israel Attack Raised Millions in Crypto: https://www.wsj.com/world/middle-east/militants-behind-israel-attack-raised-millions-in-crypto-b9134b7a

 Setting the record straight on crypto crowdfunding by Hamas: https://www.elliptic.co/blog/setting-the-record-straight-on-crypto-crowdfunding-by-hamas

Digital Assets at Duke: https://www.digitalassetsatduke.org/

Lee and Jimmie discuss DTCC’s acquisition of Securrency, the prospects for a Bitcoin ETF, and insights from the recent lawsuits against Voyager, Genesis, and Gemini.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

DTCC Signs Definitive Agreement to Acquire Securrency: https://www.dtcc.com/news/2023/october/19/dtcc-signs-definitive-agreement-to-acquire-securrency-inc

Digital Assets at Duke: https://www.digitalassetsatduke.org/

Lee and Jimmie talk about the upcoming Digital Assets at Duke Conference before diving into the latest from the SBF trial and the chaos in the House of Representatives.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Digital Assets at Duke: https://www.digitalassetsatduke.org/

Lee and Jimmie reflect on a new academic year before saying goodbye to NFTs and Mark Cuban’s crypto. They also discuss Sam Bankman-Fried’s impending trial and the role his parents played in the FTX fraud.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

Remember when NFTs sold for millions of dollars? 95% of the digital collectibles may now be worthless: https://markets.businessinsider.com/news/currencies/nft-market-crypto-digital-assets-investors-messari-mainnet-currency-tokens-2023-9?utm_source=securitiesdocket.beehiiv.com&utm_medium=newsletter&utm_campaign=the-new-nft-valuation-math-multiply-by-zero

Mark Cuban Loses Nearly $1M to Crypto Scam: https://www.coindesk.com/tech/2023/09/18/mark-cuban-loses-nearly-1m-to-crypto-scam/?utm_source=securitiesdocket.beehiiv.com&utm_medium=newsletter&utm_campaign=ftx-s-bankman-fried-blames-everyone-but-himself

Sam Bankman-Fried’s Parents Sued by FTX: https://www.nytimes.com/2023/09/19/business/ftx-sam-bankman-fried-parents-sued.html