Law & Policy

Anyone here responding to California DFPI’s requests for comments on proposed DFAL rules? (This is California’s bitlicense)

Quiet weekend in crypto policy world. *knocks on wood*

IMO this is literally the worst type of battle a left-leaning contingency should be picking right now.￼

IMO this is literally the worst type of battle a left-leaning contingency should be picking right now.￼ https://www.coinbase.com/blog/oregon-is-trying-to-revive-regulation-by-enforcement

Anyone have a good grasp on the merits of the legal arguments that California / Newsom has for challenging the tariffs?

Fitness

Today was a great reminder that barre is a hero for third trimester.

A bright spot in the current US legal landscape (for crypto lawyers, at least) is the number of crypto companies looking to expand into the US market.

Lost my streak over the weekend 😭 but I’m here to get back in the game. What did I miss?

Framedl

Yesterday’s news cycle, but here’s a reminder for everyone that NYDFS takes it upon themselves to strongly regulate AML concerns.

Yesterday’s news cycle, but here’s a reminder for everyone that NYDFS takes it upon themselves to strongly regulate AML concerns. https://www.dfs.ny.gov/reports_and_publications/press_releases/pr202504101

My garmin connect app has been super wonky lately— not updating time zones, or weather location, telling me there’s no sleep data even when I’ve worn my watch overnight, etc. Am I supposed to pay for connect+ to get bare minimum functionality on an already pricey watch? Ugh

Hot off the press — new SEC guidance on crypto asset securities.

Hot off the press — new SEC guidance on crypto asset securities.

https://www.sec.gov/newsroom/speeches-statements/cf-crypto-securities-041025

How would tether / USDT fare under the proposed stablecoin legislation? (Are we spending enough energy on making sure we don’t just push stablecoin issuance offshore?)

Parenting

First round of toddler HFMD over here 🫠. Any wisdom from the experienced?

Anyone have a good up to date comparison of the current drafts of the STABLE and GENIUS acts?

Keeping the weekend spicy, SEC’s X account dropped this today:

Statement from Acting Chairman Mark Uyeda: Pursuant to Executive Order 14192, Unleashing Prosperity Through Deregulation, together with recommendations from DOGE, I have requested Securities and Exchange Commission staff promptly to review the following staff statements.

U.S. Securities and Exchange Commission

Keeping the weekend spicy, SEC’s X account dropped this today: https://x.com/secgov/status/1908546943686492633?s=46&t=K--E_HzA1MOemPGKjDse4w

Friday afternoon, California DFPI dropped its proposed rules for the digital financial assets law (DFAL) license. Comments due May 19.

Friday afternoon, California DFPI dropped its proposed rules for the digital financial assets law (DFAL) license. Comments due May 19. https://dfpi.ca.gov/rules-enforcement/laws-and-regulations/digital-financial-assets-law-regulations-opinions-releases/

For years, the SEC was unwilling to answer even simple questions like "are stablecoins securities?"

It's great to see the SEC give such a clear explanation as to why the answer is "no" under both the Howey and Reves tests.

This SEC is cleaning up the mess 🌟
https://x.com/davidsacks47/status/1908263063650001144

👇🏼most exciting crypto legal news of the week!

Lots of great in-house hiring for the industry lately

Lots of great in-house hiring for the industry lately https://www.coindesk.com/policy/2025/04/01/crypto-exchange-okx-appoints-linda-lacewell-as-new-chief-legal-officer

I'm back — after an incredible month away

what did I miss?

Welcome back! Also 👏🏼 thank you 👏🏼for 👏🏼 normalizing 👏🏼 dads 👏🏼 taking 👏🏼 parental leave! 👏🏼

A space to discuss Blockchain, Crypto, and Web3 Law & Policy

Sarah Shtylman

@shodyesq