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Unchained

Why Crypto Twitter’s Disrespect Toward Regulators Is a ‘Really Bad Business Decision’ - Ep.342

Unchained

Laura Shin

Business News, News, Tech News

4.61.3K Ratings

🗓️ 19 April 2022

⏱️ 73 minutes

🧾️ Download transcript

Summary

Two policy experts, Chris Lehane, chief strategy officer at Haun Ventures, and Niki Christoff, the founder of Christoff and Co., discuss how the crypto industry has performed in Washington and how it can better educate more regulators and politicians about the technology. Show highlights:  Niki and Chris’ background how Niki and Chris would grade the performance of crypto companies in Washington what parallels Chris can draw between crypto in the 2020s and FAANG in the mid-90s whether having a plethora of crypto policy groups helps or hurts crypto in Washington whether calling politicians and regulators names and making memes of them helps or hurts the crypto industry an effective way crypto companies can prompt lawmakers and regulators to prioritize crypto policy why it can be strategically smarter to try to convince incumbents to adopt pro-crypto policy over supporting challengers why Chris thinks crypto could be a bipartisan topic what Chris and Niki think about the fact that Democratic candidates received more donations from people working in the crypto industry than Republicans did the three types of crypto users that are valuable to political candidates what Niki and Chris would tell Senator Elizabeth Warren about crypto if they were to meet with her today what effect crypto might have on midterms why the terminology native to crypto may have to change   Unchained is hiring!  Find out information on the three openings at Unchained and how to apply here:  part-time remote social media marketing manager: https://unchainedpodcast.com/seeking-part-time-remote-social-media-and-marketing-manager/ part-time remote editorial assistant: https://unchainedpodcast.com/seeking-remote-editorial-assistant/ part-time remote video/audio producer: https://unchainedpodcast.com/seeking-part-time-remote-video-audio-producer/ Announcing The Cryptopians Book Clubs! On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests.    The sale will go live on Tuesday, April 26, at 1pm ET/10am PT,  and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created   Here is the schedule:  Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at 7pm CET/1pm ET/10am PT with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green  Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs! Thank you to our sponsors! Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021            Beefy Finance: https://beefy.finance     Cross River Bank: https://crossriver.com/crypto Galaxis: https://galaxis.xyz/   Episode Links   Chris Lehane LinkedIn: ​https://www.linkedin.com/in/chris-lehane-2562535/  Twitter: https://twitter.com/chrislehane  Joining Haun Ventures https://twitter.com/chrislehane/status/1506395461187354624      Niki Christoff LinkedIn: https://www.linkedin.com/in/nikichristoff/  Twitter: https://twitter.com/NikiChristoff    Miscellaneous Links Overview of crypto and politics https://www.citizen.org/article/capitol-coin-cryptocurrency-lobbying-revolving-door-report/  Biden’s executive order Thread of official statements: https://twitter.com/crypto_council/status/1501606327621197835 Fact sheet: https://www.whitehouse.gov/briefing-room/statements-releases/2022/03/09/fact-sheet-president-biden-to-sign-executive-order-on-ensuring-responsible-innovation-in-digital-assets/  Overview: https://www.cnbc.com/2022/03/09/heres-whats-in-bidens-executive-order-on-crypto.html  New bill from Senator Warren to crack down on sanctions evasion: https://www.coincenter.org/new-crypto-sanctions-bill-targets-publishing-code-facilitating-transactions/ DeFi Education Fund  https://medium.com/@defieducationfund Blockchain Association https://theblockchainassociation.org/news/  Crypto Council for Innovation https://twitter.com/crypto_council/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hi, everyone. Welcome to Unchained, your no-hi resource for all things crypto. I'm your host, Laura

0:09.7

Shinn, author of The Crypto Beans. I started covering crypto six years ago, and as a senior editor,

0:15.9

Forbes was the first mainstream media reporter to cover cryptocurrency full-time. This is the

0:20.8

April 19, 2022 episode of Unchained. Welcome to a new world of crypto-friendly banking with Cross

0:28.7

Riverbank. Request your fiat on off-ramp solution now at crossriver.com slash crypto.

0:36.4

Galaxies create unstoppable communities by issuing NFTs with interactive dynamic utility

0:43.5

traits that allow any creator to engage with, reward, and monetize their following.

0:50.7

Buy, earn, and spend crypto on the crypto.com app. New users can enjoy zero credit card fees on

0:56.9

crypto purchases in the first 30 days. Download the crypto.com app and get $25 with the code

1:03.6

Laura. Link in the description. This episode of Unchained is brought to you by Beafy Finance,

1:11.1

the multi-chain yield optimizer. Beafy is the easiest way to earn more from your crypto.

1:17.5

Deposit funds into Beafy's secure vaults to auto-compound yields across 12 blockchains. Got crypto?

1:25.0

Choose Beafy. Today's topic is crypto lobbying. How well is the crypto industry communicating with

1:31.2

Washington and how could it improve? Here to discuss our Nikki Christoff, founder of Christoff

1:37.2

and co and Chris Lahane, chief strategy officer at Han Ventures. Welcome Nikki and Chris.

1:43.2

Thanks for having me. Really excited to be here. Thanks for holding this conversation with us.

1:48.9

So this is a midterm election year and the highest levels of government have been signaling that

1:53.9

they are not only paying attention to crypto, but have deemed it of high priority. Plus,

1:59.5

there's a bunch of new candidates that are running on crypto platforms and a slew of crypto advocacy

2:04.8

groups in Washington. But before we dive into the meat of today's discussion, let's have each of

2:10.1

you describe your backgrounds so people can understand where you're coming from and what your

2:14.4

expertise is on the subject. Nikki, do you want to start? Sure, I'll start. Thanks again for

...

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