‘DeFi Should Be Regulated’ – But How?

Ex-CFTC Commissioner Berkovitz Says ‘DeFi Should Be Regulated’ – But How? - Ep. 496 In the SEC’s push to rein in the crypto sector, one question looms large: Is ETH a security? Dan Berkovitz, a former CFTC commissioner and SEC general counsel, and Colin Lloyd, a partner at law firm Sullivan & Cromwell, assess the current state of the regulatory turf war in the U.S., shedding light on some of Washington’s unanswered questions. 🔥 EPISODE LINK 🔥 CHECK OUT THE EPISODE LINKS AND DETAILS HERE 👉 👈 Show highlights: 🔹how an asset can be both a commodity and a security 🔹what it means that bitcoin and ether were listed as non-security futures 🔹whether The Merge may have changed regulators’ views on the classification of ETH 🔹who would be responsible for determining that ETH is a security 🔹what Colin and Dan say about ETH being a security or not 🔹what would happen if any regulator, be it the CFTC or SEC, determined that ETH is a security 🔹how and whether DeFi applications should be regulated 🔹why it is important to consider the “human initiative” behind DeFi platforms 🔹the implications of having a technology that allows for the sale of securities without an intermediary 🔹the implications of the SEC’s proposal to change the definition of an exchange 🔹how new technologies were integrated with the regulatory system in the past and how that differs from the current approach of the SEC 🔹the problems of trying to regulate a technology that’s changing so fast how other jurisdictions have been taking a more proactive approach to regulating digital assets Thank you to our sponsors! 🔹 Guests: 🔥Dan Berkovitz, former General Counsel at the SEC and former Commissioner at the CFTC. 🔥Colin Lloyd, partner at Sullivan & Cromwell _______________________________________________________ Time Stamps: 0:00 Introduction 31:50 DeFi regulation 54:15 Definition of an exchange 1:08:10 Rulemaking 1:16:52 Securities Clarity Act _______________________________________________________ #bitcoin #ethereum #crypto #cryptocurrencies FOLLOW UNCHAINED! 📹 WHY BITCOIN NOW? → CHECK OUT THE CRYPTOPIANS → WEBSITE → UNCHAINED DAILY NEWSLETTER → BULLETIN NEWSLETTER → LAURA’S TWITTER → UNCHAINED TWITTER → FACEBOOK → YOUTUBE → INSTAGRAM → LINKEDIN → MERCHANDISE → NEW EPISODES OF UNCHAINED EVERY TUESDAY AND FRIDAY! THE CHOPPING BLOCK LIVESTREAMED EVERY OTHER TUESDAY! Apple → Spotify → Google Podcast → Stitcher → TuneIn → Youtube → Website → RSS Feed → YOUR NO-HYPE RESOURCE FOR ALL THINGS CRYPTO!