In this episode, Michael interviews Liat Shetret, Director of Global Policy and Regulation at Elliptic. They discuss the evolution of the crypto industry, the importance of compliance, and the challenges posed by scams like pig butchering.
Liat shared insights on the North Korean cyber threat and the regulatory landscape, emphasizing the need for collaboration between the private sector and law enforcement.
The conversation also touches on the political implications for crypto regulation as the US approaches elections.
The crypto industry has matured significantly since its early days.
Compliance is now a priority for many companies in the crypto space.
Pig butchering scams are a growing concern, affecting vulnerable individuals.
North Korea's cyber activities are increasingly sophisticated and professionalized.
Regulatory approaches vary widely, complicating cross-border transactions.
Collaboration between law enforcement and the private sector is essential.
The SEC's strategy involves regulation by enforcement to clarify jurisdiction.
Political candidates are increasingly engaging with the crypto community.
The need for a unified regulatory framework is more pressing than ever.
The future of crypto regulation will depend on the next administration's approach.(00:00) Introduction to Web3 Security and Compliance
(04:24) Liat's Journey into Crypto Compliance
(10:07) The Evolution of the Crypto Industry
(15:42) Understanding Compliance and Risk Management
(16:11) Exploring Pig Butchering Scams
(20:20) The Role of North Korea in Cybercrime
(25:54) Insights on US Regulatory Approaches
(32:05) The Impact of Upcoming US Elections on Crypto
The Podcast is sponsored by CyVers -
the leader in Web3 security, leveraging AI-driven technology to help industry leaders like 21Shares and ConsenSys prevent hacks, scams, and compliance challenges.
CyVers’s solutions provide pre-emptive protection against malicious activity across the Web3 space.