Birdnals.eth 🎩💩

@birdnals

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Birdnals.eth 🎩💩

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/

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Birdnals.eth 🎩💩

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.

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Birdnals.eth 🎩💩

Can we bring back the phrase "What does that have to do with the price of tea in China?" when crypto prices yo-yo over China tariffs despite crypto having fuck all to do with China/US trade relations?

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Birdnals.eth 🎩💩

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/

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Birdnals.eth 🎩💩

Crypto in banking was the focus of the legal developments last week, but there were also some litigation updates worth following. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/04/29/off-the-blockchain-april-21-28-2025/

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Birdnals.eth 🎩💩

At least the Nike class action finally has Plaintiffs attorneys bringing the correct causes of action (deceptive trade practices) instead of claiming jpgs are securities (they kinda do but not a securities cause of action). So progress there. Also, lol’ed at this paragraph:

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Birdnals.eth 🎩💩

My firm switched from yellow or white note pad options to just white, and only losers like me that special order preferred pens from Japan will understand how devastating this is to my work environment.

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Birdnals.eth 🎩💩

With the SEC is away, state AGs and class action attorneys will play. New lawsuits were filed against digital asset companies last week and a few other developments to track. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/04/22/off-the-blockchain-april-14-21-2025/

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Birdnals.eth 🎩💩

lol, a central plot point of the new Amazon movie with Viola Davis is crypto but the writers clearly don’t understand it and I love that.

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Birdnals.eth 🎩💩

@rodeodotclub model: 24 hour open edition. Same price if you see in second 1 as in 86399. No bots. No front running. Creators paid plus royalties. Sharers also paid. @zora model: memecoins. Early (or bots) pay less. Later pays more. Creators’ actual supporters punished with higher prices. Easy to sell in mass/rug. Nobody will convince me “content coins” are anything other than a memecoin pig with lipstick; or that memecoins are a better model for tokenized content/paying creators vs. NFTs.

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Birdnals.eth 🎩💩

NFTs are still the best consumer onboarding tool. I'll die on that hill. It won't be 2021 era PFP NFT craze stuff and idk what chain they will be on. But digital collectables/passes are understandable in ways "content coins" or w/e you want to brand that shit will never be. People I know who onboarded from Bitcoin Whitepaper: Lots self-proclaimed, mostly liars. People I know who onboarded during ICO craze: Some (including me). People I know who onboarded during NFT craze: Largest group by far. People I know who onboarded during Memecoin craze: Literally zero. People I know who onboarded for stablecoins/ payments: Literally zero.

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Birdnals.eth 🎩💩

It was a busy week in crypto, with the SEC, DOJ, and Congress all making moves on digital asset initiatives before Congress went on a 2 week break. M&A activity is heating up too. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/04/15/off-the-blockchain-april-7-14-2025/

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Birdnals.eth 🎩💩

It was stablecoin week! Both Congress and the SEC moved on stablecoin initiatives, and one the leading issuers of stablecoins is looking to go public. Here's everything that happened last week in crypto law: https://nfttorney.com/2025/04/08/off-the-blockchain-march-31-april-7-2025/

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Birdnals.eth 🎩💩

I don't know if it was a slow week in legal developments or I was just busy studio Ghibli styling every picture I have. But there were some Stablecoin developments and Ripple is done litigating. Here's everything from crypto law last week: https://nfttorney.com/2025/04/01/off-the-blockchain-march-24-31-2025/

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Birdnals.eth 🎩💩

While others were focused on the SEC in March Madness, the fed SEC was busy reaching a tentative agreement in Ripple and releasing guidance on PoW mining. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/03/25/off-the-blockchain-march-17-24-2025/

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Birdnals.eth 🎩💩

I used to think gaming would be primary means on onboarding. Still think there will be people whose first self custody wallet is for gaming assets. But more and more, I think it’s DeFi lending. With integration of USDC debit cards, there’s no reason to let cash sit in a no-interest checking account.

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Birdnals.eth 🎩💩

It was a quiet week for lawsuits (nice), but the young guns in Senate Banking crossed party lines on stable coin legislation, and IRS Broker rule changes for crypto are all but dead. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/03/18/off-the-blockchain-march-10-17-2025/

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Birdnals.eth 🎩💩

While prices are down, vibes are high as the SEC and Congress stayed busy clearing the way for crypto businesses to operate in the U.S. Here's everything that happened in blockchain law last week: https://nfttorney.com/2025/03/11/off-the-blockchain-march-3-11-2025/

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Birdnals.eth 🎩💩

A busy week at the SEC and a weekend announcement from the President has made this one of the biggest week in crypto legal developments in a while. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/03/04/off-the-blockchain-february-24-march-3-2025/

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Birdnals.eth 🎩💩

The SEC had a busy week even before Atkins' confirmation, as its crypto task force opened up a regulatory suggestion box and various investigations/actions were dropped. Here's everything that happened in Web3 law last week: https://nfttorney.com/2025/02/25/off-the-blockchain-february-17-24-2025/

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