thedailybitcoinshow

Mike Pieciak: NASAA '" A 'To The Moon' Approach to Regulating Crypto


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We're joined by Mike Pieciak, President of the NASAA. Not to be confused with the space agency, the North American Securities Administrators Association brings together state, provincial, and federal securities regulators in Canada, Mexico, and the United States. This relatively unknown organization helps align the financial regulation policies of over 50 agencies across North America and coordinates enforcement action in cross-border cases. In 2018, the NASAA launched 'œOperation Cryptosweep' in which over 200 ICOs and cryptocurrency-related investment products were investigated for potential investor fraud. Topics discussed in this episode:Mike's background as a lawyer and the Commissioner of the Vermont Department of Financial RegulationWhat is the NASAA, it's goals, members and jurisdictionThe story of 'œOperation Cryptosweep' and what came out of that actionMike's thoughts on the future of blockchain regulationHow regulation might apply in the context of transnational projects which are nation state-invariantThe United State's restrictive securities laws in the context of Defi and security tokensVermont's attempt to attract blockchain projects, and the 'œBlockchain-Based LCC'Vermont DFR's pilot project in Captive InsuranceWhat Mike hopes to achieve during his one-year term as president of the NASAA Links mentioned in this episode: NASAAOperation CryptosweepNASAA Reminds Investors to Approach ICOs with CautionGet in the Know About ICOs (video)Vermont Governor Signs Bill Clearing Way for Blockchain CompaniesCaptive Insurance Blockchain Pilot Press ReleaseVermont Department of Financial RegulationMike Pieciak (@mspieciak) on Twitter Sponsors: Azure: Deploy enterprise-ready consortium blockchain networks that scale in just a few clicks Support the show, consider donating: BTC: 1CD83r9EzFinDNWwmRW4ssgCbhsM5bxXwg (https://epicenter.tv/tipbtc)BCC: 1M4dvWxjL5N9WniNtatKtxW7RcGV73TQTd (http://epicenter.tv/tipbch)ETH: 0x8cdb49ca5103Ce06717C4daBBFD4857183f50935 (https://epicenter.tv/tipeth) This episode is hosted by Sebastien Couture & Friederike Ernst. Show notes and listening options: epicenter.tv/285
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