Episode 65: The Zombie Episode (Three Rungs of the Regulatory Ladder)

For as long as I’ve worked in crypto, the industry has been plagued by the dreaded REGULATORY UNCERTAINTY. That is, apparently, until the last couple months. All of a sudden I’m seeing clients putting stuff like “Regulatory Clarity Achieved!” in marketing decks and celebrating the demise of uncertainty’s reign. Maybe pump the brakes a bit. I don’t think we’re quite there yet.

The new SEC has certainly moved quickly to dismantle the anti-crypto reputation its predecessors cultivated, but it takes more than a vibe shift to achieve regulatory clarity. In today’s episode, I analogize regulatory uncertainty to a zombie plague (obviously) and explain how regulation comes in three levels – kinda like a ladder leading you to salvation from the undead hordes surrounding you.

I promise it’ll make sense if you listen. Or it won’t.

Key Points From This Episode:

• Explaining the three rungs of the regulatory ladder, from the lowest to the highest: vibes; formal rulemaking; and legislation.
• What rung of the ladder are we on now?
• What kinds of zombies could still get us at this rung?
• How can we get higher up that ladder?

Disclaimer:

This show is for informational purposes only. Nothing presented here constitutes legal, investment or tax advice. The guests that join us are sharing their considerable fund-related wisdom, but everything they share here is their personal opinion and for educational purposes only. On this show, they are speaking for themselves, and not for their employer or any affiliated entity.

Tokens of Wisdom is produced by Dave Rothschild, partner at Cole-Frieman & Mallon LLP headquartered in San Francisco, California. For more information, visit https://colefrieman.com/

Links Mentioned in Today’s Episode:

Dave Rothschild - https://www.linkedin.com/in/davidcrothschild/

Cole-Frieman & Mallon LLP - https://colefrieman.com/

Music by Joe Ginsberg - https://www.instagram.com/thejoeginsberg

For any questions or comments, email: [email protected]