#201 - The CLARITY Act

About this episode

This episode discusses the CLARITY Act and its significance in U.S. digital asset regulation.

What is the CLARITY Act? Maybe the most important piece of financial legislation in a generation. This podcast explains the history of U.S. digital asset regulation, why regulation-by-enforcement failed and what the CLARITY Act addresses, plus remaining steps for this to become law. Guests: Lewis Cohen, Partner & Co-Chair of CahillNXT's Digital Assets & Emerging Technology practice Miles Jennings, Head of Policy & General Counsel for a16z crypto Sarah Brennan, general counsel at Delphi Ventures Kyle Bligen, Head of Policy and Public Affairs at the Decentralization Research Center Miller Whitehouse-Levine, CEO at Solana Policy Institute Dugan Bliss, Head of Litigation at Binance By the end of this episode, I promise you'll be in the 99th percentile for understanding CLARITY, regardless of whether you're a lawyer, builder or operator. Timestamps: 0:00 Intro 4:46 Explaining market structure 6:05 Regulatory distortion 10:43 Predecessor bills 13:35 Senate Banking markup takeaways 15:46 SEC & CFTC 20:37 The Securities Act of 1933 23:07 The Howey Test 25:26 The Ineluctable Modality of Securities Law 28:51 SEC enforcement 32:32 Why SEC rulemaking isn't enough 37:36 Titles…

People in this episode

Host: Jacob Robinson

Guests: Lewis Cohen, Miles Jennings, Sarah Brennan, Kyle Bligen, Miller Whitehouse-Levine, Dugan Bliss

Topics covered

• financial legislation
• digital asset regulation
• SEC
• CFTC
• CLARITY Act
• market structure

Keywords

• CLARITY Act
• digital assets
• financial legislation
• SEC
• CFTC
• market structure
• regulation

Mentioned in this episode

Organizations: CahillNXT, a16z, Delphi Ventures, Decentralization Research Center, Solana Policy Institute, Binance

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