Clarity was the name of the game in Washington this week as the SEC and CFTC released long-awaited guidance on how federal securities laws apply to crypto, finally providing a semblance of rules of the road the industry has been waiting for.
At the same time, the SEC greenlit Nasdaq’s plan to offer tokenized settlement for stock trading, and the CFTC issued a no-action letter to Phantom, allowing it to provide users with access to regulated derivatives markets.
Plus, new details on a potential path forward for the CLARITY Act — and have lawmakers finally reached a stablecoin yield deal?
We discuss all of this and more with Phantom CEO Brandon Millman, Solana Policy Institute President Kristin Smith, and Cahill partner Lewis Cohen.