The Legislative Framework Crypto Needs w/ Alex Thorn
From The Gwart Show | Blockspace Media by Blockspace Media
May 3, 2026 · 1h 6m
About this episode
Alex Thorn discusses the current state of crypto legislation and its implications.
Alex Thorn, Head of Research at Galaxy Digital describes the current state of crypto legislation. He explains the Clarity Act, the role of stablecoins in the global economy, and the impact of the Trump administration on digital asset rules. Alex provides an institutional perspective on Bitcoin's recent all-time high, the reality of market deleveraging events, and why permissionless finance remains the ultimate goal.Subscribe to the newsletter! https://newsletter.blockspacemedia.comNotes: • 70 Democrats voted for bill • Prediction odds at ~40% • SEC has 3 GOP commissioners • Deleverage on October 10th Timestamps:00:00 Start00:54 Alex's Galaxy role02:43 Recent topic focus05:06 regulation07:08 CLARITY act14:00 Politics and token creation19:51 Trump remorse?22:39 Current market vibes35:49 "Crypto" lagging Bitcoin43:28 "Just use AAVE"52:04 Are you ENTERTAINED! The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs builds the most efficient on-chain markets. Their orderbook and Prop AMM products have delivered price improvement to hundreds of billions of dollars in retail volume. Now, they are bringing their expertise to build Phoenix, the best on-chain perpetuals platform…
People in this episode
Guest: Alex Thorn
Topics covered
- crypto legislation
- stablecoins
- Bitcoin
- market deleveraging
- permissionless finance
- politics
- Clarity Act
Keywords
- crypto
- legislation
- Clarity Act
- stablecoins
- Bitcoin
- market deleveraging
- Trump administration
- permissionless finance
Sponsors
Ellipsis Labs
Mentioned in this episode
Organizations: Galaxy Digital, Trump administration, SEC
Products: AAVE
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