Law & Policy
/law-policy1761
A space to discuss Blockchain, Crypto, and Web3 Law & Policy
Had the privilege of connecting earlier today with @noahspaulding, the GC @eco — thrilled to have Noah in /law-policy. Thanks @geenty for the intro!
cc: @gus
cc: @gus
I think AI founders and investors can learn important lessons (what to do/not to do) from the last 10 years of the crypto regulatory wars.
Agree? What do you think are the key lessons?
Will share more as I flesh out.
Agree? What do you think are the key lessons?
Will share more as I flesh out.
Law & Policy goes coast to coast next week!
DC 5/21: PGP* for Crypto with @paulbrigner / @mike-orcutt and a happy hour co-hosted by @jeff-xyz from /startupradar
SF 5/23: Bay Area Builders/Lawcasters happy hour co-hosted by @mccall-b-wells
Registration links below:
https://lu.ma/15jxgx31
https://lu.ma/6qb3kpo7
DC 5/21: PGP* for Crypto with @paulbrigner / @mike-orcutt and a happy hour co-hosted by @jeff-xyz from /startupradar
SF 5/23: Bay Area Builders/Lawcasters happy hour co-hosted by @mccall-b-wells
Registration links below:
https://lu.ma/15jxgx31
https://lu.ma/6qb3kpo7

DC Farcaster Law & Policy Happy Hour · Luma
Join us for the DC Farcaster Law & Policy Happy Hour! Law & Policy is a forum on Farcaster, a sufficiently decentralized social media protocol, to explore the…
lu.ma

Bay Area Farcaster Law & Policy Happy Hour · Luma
Join us for the Bay Area Farcaster Law & Policy Happy Hour! Law & Policy is a forum on Farcaster, a sufficiently decentralized social media protocol, to…
lu.ma
It was a BUSY week, with market structure 2.0 language released and a House hearing on it protest boycotted last minute, along with the stablecoin bill stalling (for now) in the Senate.
Here's everything that happened in crypto law last week: https://nfttorney.com/2025/05/13/off-the-blockchain-may-5-12-2025/
Here's everything that happened in crypto law last week: https://nfttorney.com/2025/05/13/off-the-blockchain-may-5-12-2025/
Cross-posting a Twitter thread with some news. https://x.com/projectglitch_/status/1922279718360911951
🧠 Newsletter 🧠 This week I wrote about Custodia’s new Avit stablecoin model and what it might mean for the future of the sector. I think it’s really interesting to treat stables as band deposits. Also, some color on the failed senate cloture vote for GENIUS. Check it out and subscribe! https://open.substack.com/pub/broganlaw/p/bank-deposits-are-worth-more-than?r=487bq2&utm_medium=ios
Last week in crypto regulation (May 5 – 11):
1/ OCC Green-lights Bank Crypto Ops
Federal Interpretive Letter 1184 lets national banks & FSAs custody, lend and settle crypto.
https://www.occ.gov/topics/charters-and-licensing/interpretations-and-actions/2025/int1184.pdf
1/ OCC Green-lights Bank Crypto Ops
Federal Interpretive Letter 1184 lets national banks & FSAs custody, lend and settle crypto.
https://www.occ.gov/topics/charters-and-licensing/interpretations-and-actions/2025/int1184.pdf
Super excited and long overdue to share that my legal note on "Why Self-Custody Wallet Platforms Are Not Brokers Under the Securities Exchange Act of 1934" has been published in the online edition of the GW Law Business & Finance Law Review.
https://gwbflr.org/why-self-custody-wallet-platforms-are-not-brokers-under-the-securities-exchange-act-of-1934/
https://gwbflr.org/why-self-custody-wallet-platforms-are-not-brokers-under-the-securities-exchange-act-of-1934/
CFPB withdraws 67 guidance docs — policy statements, interpretive rules, and advisory opinions. Most, tho not all, date from the prior administration.
https://public-inspection.federalregister.gov/2025-08286.pdf
https://public-inspection.federalregister.gov/2025-08286.pdf
Appreciate @blockchainassn and @salahghazzal showing the blog love on X — stablecoins are a massive advantage for the US, if it wants it.
https://x.com/salahghazzal/status/1920562615584993752?s=46
https://x.com/salahghazzal/status/1920562615584993752?s=46
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Morgan Stone
@morganstone·21:25 08/05/2025
Working on another big role for my father's law firm: Director of Operations in Atlanta, GA.
JD attached, reach out if you or someone you know is a fit. My recommendations will get through the door quicker than any application you could send.
JD attached, reach out if you or someone you know is a fit. My recommendations will get through the door quicker than any application you could send.
👀
The SEC’s Crypto Task Force, informed by a February request for comment,[2] is considering a potential exemptive order that would allow firms to use DLT to issue, trade, and settle securities.' https://www.sec.gov/newsroom/speeches-statements/peirce-iismgd-050825
The SEC’s Crypto Task Force, informed by a February request for comment,[2] is considering a potential exemptive order that would allow firms to use DLT to issue, trade, and settle securities.' https://www.sec.gov/newsroom/speeches-statements/peirce-iismgd-050825
I’ll be at Consensus in Toronto next week with some others from my firm, and would be great to see as many law casters as possible while I’m there. Shoot me a message if you’re going and I’d love to try to meet up.
Isn't this precisely what the ant-CBDC crowd was afraid of? Why are so many of those folks silent now? I feel like I'm losing my mind! https://www.washingtonpost.com/business/2025/05/07/doge-government-data-immigration-social-security/
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Morgan Stone
@morganstone·02:32 08/05/2025
Been away from FC for a bit, but back with some insane opportunities.
I'm helping my father’s law firm with a major national hiring effort.
Civil litigation + insurance defense, Fortune 500 clients, expanding across key markets.
We are currently hiring for the attached positions (tons of remote options).
If you’re even remotely open to a conversation — or know someone great — please reach out.
🔴 My referrals will be given extreme priority in the review process.
Reposts appreciated.
I'm helping my father’s law firm with a major national hiring effort.
Civil litigation + insurance defense, Fortune 500 clients, expanding across key markets.
We are currently hiring for the attached positions (tons of remote options).
If you’re even remotely open to a conversation — or know someone great — please reach out.
🔴 My referrals will be given extreme priority in the review process.
Reposts appreciated.
Another hot update from DC 🔥
https://www.occ.gov/news-issuances/news-releases/2025/nr-occ-2025-42.html
https://www.occ.gov/news-issuances/news-releases/2025/nr-occ-2025-42.html
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Eric Preston
@preston·01:26 07/05/2025
looks like Illinois lawmakers are seriously considering a new law similar to the New York BitLicense - the Illinois Digital Assets and Consumer Protection Act (DACPA)
despite some good intentions, these issues are likely better handled via federal regulation, and DACPA could lead to companies leaving Chicago/IL
despite some good intentions, these issues are likely better handled via federal regulation, and DACPA could lead to companies leaving Chicago/IL
Are any other lawcasters going to be in Toronto next week for Blockchain Futurist or Consensus? Would be great to connect.
Next week will be a breakdown of Market Structure 2.0, but last week was all about stablecoins and the Fourth Amendment.
Here's everything that happened in crypto law last week: https://nfttorney.com/2025/05/06/off-the-blockchain-april-28-may-5-2025/
Here's everything that happened in crypto law last week: https://nfttorney.com/2025/05/06/off-the-blockchain-april-28-may-5-2025/
🔥 hot off the press, digital asset market structure bill has dropped
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409719
https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409719
Great to meet so many of you this week in New York! In the newsletter this week, I discuss Ripple’s potential acquisition of Circle as well as Ruben Gallego’s abrupt about-face on GENIUS. What is really going on there anyway? If you enjoy, subscribe! https://open.substack.com/pub/broganlaw/p/someone-doesnt-like-the-genius-act?utm_source=app-post-stats-page&r=487bq2&utm_medium=ios
Every time I see a post about sovereignty my immediate reaction is “what lawsuit or new government action or policy-related news clip did I miss?!” …Then I realize most people are talking about a horse.