Matt and Nic return to cover news of the week. In this episode: 

• Our review of NFL week 1
• Whether or not securities law topics come up at parties
• Why we're so excited about Kraken getting the Wyoming SPDI
• Why the SPDI being full reserve is so important – and why it eliminates certain regulators from the picture
• How Kraken's bank charter is reminiscent of a classic scene in There Will Be Blood
• Why Wyoming's SPDI is a long-awaited rebuke to Operation Choke Point
• Michael Saylor stacks MORE sats
• How Matt was able to initially break the Microstrategy news
• Why financial services firms looking at crypto need buy-in from the top
• Michael Saylor's revealing quote about Bitcoin's hard forks
• Why shrugging off hard forks defeats a key critique of Bitcoin
• What the SEC settlement with Unikorn inc means for other tokens
• The SEC sanctions rapper TI
• Matt's embarrassing TI story
• Our current view on handshakes
• Why the settlement quality of stablecoins is context-specific