Welcome to The Chopping Block – where crypto insiders Haseeb Qureshi, Robert Leshner, Tom Schmidt, and Tarun Chitra chop it up about the latest news. This week, Polygon Chief Legal Officer Marc Boiron joins the show to examine the SEC’s recent enforcement ramp-up.
why Marc thinks NYDFS coming after Paxos is the most interesting thing to analyze in the SEC-BUSD spatwhether the SEC and NYDFS actions against Paxos were coordinated whether a stablecoin is a security and why the SEC might be inclined to go after Paxoshow a stablecoin could resemble a money market fundwhether the SEC action against BUSD consolidates Tether's dominancewhy Robert is nervous about the ramifications of the Paxos situation for all of cryptothe unique characteristics of Kraken's staking services that led to settlement with the SECthe meaning of the settlement for other custodial staking services and staking in generalwhy Robert voted in favor of the Uniswap governance proposalwhy Haseeb is fine with how a16z voted in the proposalhow on-chain governance should be approached Haseeb Qureshi, managing partner at Dragonfly Capital
Robert Leshner, founder of Compound
Tom Schmidt, general partner at Dragonfly Capital
GuestMarc Boiron, chief legal officer at Polygon
Links
Disclosures
BUSD shutdown
WSJ:Crypto Firm Paxos Faces SEC Lawsuit Over Binance USD TokenRegulator Orders Crypto Firm Paxos to Stop Issuing Binance StablecoinThe Block: Gensler: SEC has been 'clear' on cryptocurrenciesUnchained: Circle Told NYDFS That Paxos-Issued BUSD Wasn’t Fully Backed
SEC vs. Staking
Ethereum ETH Staking Deposits
Kraken to Discontinue Unregistered Offer and Sale of Crypto Asset Staking-As-A-Service Program and Pay $30 Million to Settle SEC Charges
Coinbase’s staking services are not securities. And here's why. - Blog
Uniswap governance drama
Unchained episode on the topic: Chris Blec on Why He Believes a16z’s Uniswap Vote Exposes DeFi as a Farce - Ep. 454 Wormhole vs. LayerZero postsWormhole
LayerZeroExplanation video from Unchained
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