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Unchained

DEX in the City: How Regulators Are Preparing for a World Without the Clarity Act

Unchained

Laura Shin

News, Tech News, Business News

4.61.3K Ratings

🗓️ 12 March 2026

⏱️ 52 minutes

🧾️ Download transcript

Summary

The crew discusses whether prediction markets enable “Bloomberg terminal espionage,,” wonder how to regulate markets that could be on anything, dive into why the OCC is saying no to stablecoin yield and more. The SEC has submitted guidance on how securities laws apply to crypto to the White House. DEX in the City hosts Jessi Brooks, Katherine Kirkpatrick Bos and TuongVy Le dig into what the proposal could mean for the crypto industry and whether it could be enough to provide developers regulatory clarity as anticipated market structure legislation stalls. Why is the agency submitting guidance to the White House? Plus, KK explains why current regulatory efforts could lead crypto to resort to more “come at me bro” legal tactics and Jessi covers why the industry may regret the U.S. Supreme Court's decision to overturn Chevron deference. Beyond the SEC's recent crypto regulatory move, the crew discusses the arrest of the son of a government contractor alleged to have stolen the U.S.’s bitcoin, what the DOJ's planned retrial of unresolved charges against Roman Storm suggests and why banks are up in arms over Kraken's “skinny” Fed master account. They also discuss why the crypto industry should tighten up security as Iranian groups target U.S. banking services and tech infrastructure. Hosts: ⁠⁠⁠⁠Jessi Brooks⁠⁠⁠⁠, General Counsel at Ribbit Capital ⁠⁠⁠Katherine Kirkpatrick Bos⁠⁠⁠, General Counsel at StarkWare ⁠⁠⁠⁠⁠TuongVy Le⁠, General Counsel at Veda Links: Unchained: ⁠SEC Sends Crypto Securities Framework to the White House Blame Exchanges for Holding Up the Market Structure Bill? - DEX in the City DOJ Pushes for Retrial of Tornado Cash Developer Roman Storm Kraken Wins Direct Access to the Fed’s Payment System Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Could AI help you do more of what you love?

0:03.0

Workday is the next-gen ERP powered by AI that actually knows your business.

0:08.0

We help you handle the have-to-dos so you can focus on the can't-wait-to-dos.

0:13.0

It's a new workday.

0:15.0

Hi all and welcome to Dex in the City where the wallets are cold and the takes are hot.

0:20.0

First we have Jesse, Web3 prosecutor,

0:22.3

turned Web3 protector at Rivet Capital. And we have V from the SEC to Web3. And I'm your host,

0:29.1

KK, Catherine, fluid in Tradify and Conversant in Deep Tech over at Starkware. Before we get going,

0:35.4

as always, remember, we're lawyers, but we're not your lawyers.

0:38.1

Nothing you hear on decks in the city is legal or financial advice, and it doesn't create an

0:42.0

attorney-client relationship. For the fine print, check unchained crypto.com. We're going to get

0:48.0

into an especially spicy episode today in one minute after we hear a word from our sponsors.

0:55.2

Quick note before we get into today's episode. Bits and Bips now has its dedicated feed.

0:59.6

We're spinning off from the unchained feed and moving to a new podcast and YouTube channel.

1:03.7

So if you want to keep up with our weekly live streams and macro meets crypto breakdowns,

1:07.5

make sure to subscribe to Bits and Bips directly. We won't publish there until March, but subscribe today so you can be ready for launch. Be sure to subscribe to bits and bips directly. We won't publish there until

1:11.0

March, but subscribe today so you can be ready for launch. Be sure to subscribe to the new feeds

1:15.5

at unchained crypto.com slash bits and bips. Okay, so as always in crypto, there has been a slew

1:26.8

of regulatory activity.

1:28.3

And it raises some questions.

1:31.3

One of the questions that I've been getting is obviously Jesse B and I all spend some time in Washington

1:37.3

trying to get clarity or crypto market structure legislation passed.

...

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