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Sarah Shtylman

@shodyesq

111 Following
523 Followers
Sarah Shtylman pfp
Sarah Shtylman
@shodyesq
It’s not quite the case that federal banking licenses or fed reserve oversight would be required, as state regulated issuers are permitted (at least to some market size). Also, reserve holdings are arguably more stringent than typical bank reserve requirements—closer to existing rules for issuers of payment instruments.
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Sarah Shtylman
@shodyesq
🙏🏼
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Sarah Shtylman
@shodyesq
First round of toddler HFMD over here 🫠. Any wisdom from the experienced?
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Sarah Shtylman
@shodyesq
Anyone have a good up to date comparison of the current drafts of the STABLE and GENIUS acts?
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Sarah Shtylman
@shodyesq
Homemade oil based cleanser! See eg: https://wellnessmama.com/beauty/oil-cleansing-method/
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Sarah Shtylman
@shodyesq
Among others, this calls for a review of the SEC guidance that applied Howey to tokens and introduced the concept of an “active participant” 👀
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Sarah Shtylman
@shodyesq
Keeping the weekend spicy, SEC’s X account dropped this today: https://x.com/secgov/status/1908546943686492633?s=46&t=K--E_HzA1MOemPGKjDse4w
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Sarah Shtylman
@shodyesq
Stated objectives of the proposed rule include explaining when an entity wouldn’t need a both an MTL and a license under the DFAL in California, and specifying the process for applying for, maintaining records, and surrendering a DFAL license
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Sarah Shtylman
@shodyesq
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/
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Sarah Shtylman
@shodyesq
👇🏼most exciting crypto legal news of the week!
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Sarah Shtylman
@shodyesq
Not sure this is SEC’s purview but would love to see certain “interest on stablecoins” exempted
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Sarah Shtylman
@shodyesq
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
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Sarah Shtylman
@shodyesq
Just subscribed. Great summary!
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Sarah Shtylman
@shodyesq
Welcome back! Also 👏🏼 thank you 👏🏼for 👏🏼 normalizing 👏🏼 dads 👏🏼 taking 👏🏼 parental leave! 👏🏼
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Sarah Shtylman
@shodyesq
I suspect that with time, we’ll get further guidance as to the current SEC’s view on PoS staking. But also, a non-litigious SEC doesn’t mean anything is in the clear from state AGs or plaintiffs bar suits, unless there’s greater legislative clarity.
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Sarah Shtylman
@shodyesq
Keep us posted on what you find.
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Sarah Shtylman
@shodyesq
Where was this published?
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Sarah Shtylman
@shodyesq
Hot off the press 🔥 https://www.fdic.gov/news/press-releases/2025/fdic-clarifies-process-banks-engage-crypto-related-activities
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Sarah Shtylman
@shodyesq
Subscribe! Interesting similar questions have come up with what might be considered shady airdrops, and not sure there’s a clear solution.
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Sarah Shtylman
@shodyesq
False dichotomy! No such thing as a cheat meal over here, just meals that have different nutritional value.
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