Lee and Jimmie discuss the demise of Silicon Valley Bank and Signature Bank and the long-term implications of the policy response on risk-taking in the financial system and what it all means for crypto. They also dissect the digital assets section of the recent Council of Economic Advisors Economic Report of the President (Jimme hates it, Lee loves its). They conclude by talking about recent SEC crypto-related enforcement actions, including the SEC Wells Notice to Coinbase.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links

Economic Report of the President: https://www.whitehouse.gov/wp-content/uploads/2023/03/ERP-2023.pdf

We asked the SEC for reasonable crypto rules for Americans. We got legal threats instead: https://www.coinbase.com/blog/we-asked-the-sec-for-reasonable-crypto-rules-for-americans-we-got-legal