The Encrypted Economy

In this episode, we dive into the revolutionary world of digital currencies, focusing on Brazil's bold move with its CBDC, Drex. Join us as we explore how DREX aims to reshape the Brazilian financial system through a two-tier model, enabling programmability in transactions and influencing the broader financial ecosystem. We'll discuss the global landscape of stablecoins and CBDCs, examining regulatory concerns, the necessity for public-private partnerships, and the challenges of ensuring interoperability. Discover how countries like Brazil and the UAE are navigating these digital transformations and what the future holds for the coexistence of stablecoins and CBDCs.

Preston Bryne (Brown Rudnick), Kelly Chapman (Wave Digital Assets), Laura Douglas (Clifford Chance), Eric Hess and Stephen Palley (Brown Rudnick) discuss the differences between the UK's regulatory approach to digital assets versus the U.S.'s, the topic of Preston's recent article published in the International Journal of Blockchain Law before turning to a discussion of how investment advisors can facilitate better risk management as it related to digital assets.The Encrypted Economy is happy to be able to republish this episode with permission from GBBC.

On this week’s episode of The Encrypted Economy, we continue our conversation with Lars Schlichting, founder of Lexify, and Oliver Depierre, General Counsel of Metaco.  Be sure to subscribe to The Encrypted Economy for more insight into the different jurisdictions facilitating innovation in Web 3.  Resource List:·       Lars’ LinkedIn·       Oliver’s LinkedIn·       Lexify·       Metaco·       Blockchain & Crypto Laws and Regulations Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we have Lars Schlichting, founder of Lexify, and Oliver Depierre, General Counsel of Metaco. We discuss Switzerland’s role in the digital asset ecosystem.  Be sure to subscribe to The Encrypted Economy for more insight into the different jurisdictions facilitating innovation in Web 3.  Resource List:·       Lars’ LinkedIn·       Oliver’s LinkedIn·       Lexify·       Metaco·       Blockchain & Crypto Laws and Regulations Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we have Gabriella Kusz and Nina Kaplan. We discuss digital asset regulation and the impact legislation can have at the state level.  Be sure to subscribe to The Encrypted Economy for more insight on digital asset regulation.  Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we have Jonathan Turnham, Partner at Travers Thorp. We discuss regulation in the Cayman Islands and what differentiates the nation from other jurisdictions. Be sure to subscribe to The Encrypted Economy for more coverage of innovative regulatory frameworks in web 3.0.  Topics Covered:·       0:45   Jon’s Background ·       4:20   Is Cayman a Good Jurisdiction for Digital Assets?  ·       7:00   Regulation and Primary Regulators in Cayman·       14:20   Considerations Regarding Locating in Cayman·       19:00   What is so Innovative About Cayman Business?·       30:00   How is the US Impacting Cayman?·       35:00   Giving Guidance to Clients·       41:20   Two Paths of the DAO·       51:00   Discussing Independent Directors and OtherConsiderations·       1:04:30   Closing Thoughts Resource List:·       Jon’s LinkedIn·       Travers Thorp Alberga·       Cayman Islands Monetary Authority·       Special Economic Zone Companies·       Cayman Islands Business Benefits Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we have Brian Behlendorf of the Open Source Security Foundation. We discuss the Open Source Security Foundation and how it is making a positive impact in the space.  Be sure to subscribe to The Encrypted Economy for more coverage of innovative technologies in web 3.0.  Topics Covered: · 2:40   Brian’s Background· 5:00   Transition from Hyperledger Foundation to the Open Source Security Foundation· 7:40   Core Principles for Ensuring Open Source Software Security· 11:40   Discussing the Mobilization Plan for Open Source Software· 16:50   To What Extent do Patches Exist in the Open Source Community?· 21:20   Techniques for Assessing Core Security Controls· 24:30   How can Users Tell?· 31:40   How Signing, Attestations, and Grading can Secure Open Source· 38:30   Forward-Looking Risks in the Space· 47:40   Why the Focus on Open Source Security?· 53:50   How Does Focus Change with Permissionless Systems?· 1:00:00   Discussing the Alpha Omega Project· 1:05:00   Other Functions of OSSF   Resource List:·       Brian’s LinkedIn·       Open-Source Security Foundation·       Log4Shell·       Mobilization Plan·       Open Source Technology and Improvement Fund·       Solar Winds·       Hyperledger·       Linux Foundation Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we have founder of The Zero Fund, Jamil Benabdallah. We dive into the developing market of regenerative finance and try to understand how blockchain can positively impact the space.  Be sure to subscribe to The Encrypted Economy for more insight into innovative technologies frameworks in web 3.0.   Topics Covered:· 3:10    Jamil’s Background and Origin of The Zero Fund · 9:10    Defining the Negative Carbon Project  · 27:30    What is the Incentive for Farmers?· 30:00    Exploring Certification Standards· 46:00    Building Out the Ecosystem the Right Way· 49:00    How do Distributed Ledger Technologies Facilitate DataSharing? · 54:00     Does Secondary Trading Complicate the Narrative?· 56:30     Closing Thoughts  Resource List:·       Jamil’s LinkedIn·       The Zero Fund·       Beyond the Buzz: What Can Blockchain Do for Carbon Markets?·       Negative Carbon Project·       Carbon Credit·       Sargassum·       CSDR Policy·       Verra·       Gold Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we have our final panel discussion on MiCA. We give an overview of current EU legislation and discuss achieving real viability and effectiveness with Markets in Crypto-Assets regulation.  Be sure to subscribe to The Encrypted Economy for more insight into innovative regulatory frameworks in web 3.0.  Topics Covered:· 3:30    Discussing ESMA and EBA and Their Roles Regarding MiCA· 22:40    Understanding European Legislation· 31:40    Will Regulators Become Even More Stringent?· 33:30    The Scope of EBA in Regards to MiCA· 37:00    What Regulations are Going to Impact MiCA?· 53:00    Blacklisting Under New Regulation· 1:12:00   Can an Asset Fall Under Both MiFID and MiCA?· 1:17:00     Developments with the Data Act·       · 1:32:50     Discussing DORA and Product Liability  · 1:42:40     How Does PSD2 Factor into this? Resource List:·       Alexandru’s LinkedIn·       Marina’s LinkedIn·       Francesco’s LinkedIn·       William’ s LinkedIn·       SLV Legal·       The European Crypto Initiative·       Crypto Policy Updates·       MiCA·       GDPR ·       MiCA Overview and Categorization of Crypto Assets ·       Digital Operational Resilience Act·       ESMA·       Transfer of funds regulation·       EU payment services directive PSD2·       The competing priorities facing U.S. crypto regulations Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we have a conversation with Hart Montgomery, the CTO of Hyperledger. We delve into the Hyperledger ecosystem and look at the evolution of the projects on the platform. Be sure to subscribe to The Encrypted Economy for more insight on innovative technologies in web 3.0.   Topics Covered:·  1:40   Introduction to Hart Montgomery·  6:00   Introduction to Hyperledger·  12:40   How Projects Come Into Hyperledger·  20:20   Use Cases for Identity Solutions·  32:00   Are Encryption Technologies Driving the Needfor More Tech?·  34:20   How has the Hyperledger CommunityResponded to Security Concerns?·  42:10   Future Developments in HyperledgerResource List:·  Hart’s LinkedIn·  Hyperledger·  Firefly·  Solidity·  Fabric·  Besu·  Iroha·  Sawtooth·  Indy·  Aries·  Solang·  ZKP·  Hyperledger GitHub Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we continue our panel series discussing MiCA. We delve into the appeals of MiCA in creating a common framework for the licensing of Crypto Asset Service Providers. Be sure to subscribe to The Encrypted Economy for more insights on the latest regulatory developments in web 3.0.  Topics Covered:·       3:00   Introduction to CASPs·       8:40   Licensing Requirements for a Custodian of Digital Assets·       22:57   Grey Areas in MiCA    ·       32:30   Obligations of a CASP·       40:40   How Does MiCA Address Insolvency?·       48:20   Walking through the Obligations ·       55:00   Applicable Provisions Regarding Market Abuse Forecasts·       1:06:10   Liability in the Context of a CASP·       1:21:00   Compliance Implications for Smaller Firms  ·       1:34:00   Discussing FTXResource List:·       Alexandru’s LinkedIn·       Jonathan’s LinkedIn·       Marina’s LinkedIn·       Francesco’s LinkedIn·       William’s LinkedIn·       Alireza’s LinkedIn ·       MiCA Overview·       MiCA Heralds New Era of Regulatory Scrutiny·       What EU’s MiCA regulation means for crypto-asset service providers·       MiFID·       Reg ATS·       MiCA and FTX Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, our guest is Joel Oswald, Principal at Williams and Jensen. We discuss lobbying and what legislation will come out of Capitol Hill this year regarding Web 3. Be sure to subscribe to The Encrypted Economy for more insights on the latest regulatory developments in web 3.0.  Topics Covered:· 2:20   Joel’s Background· 5:20   Distinctions Between the Approach of Lobbyists and Interest Groups · 14:00   FTX’s Impact on the Legislative Agenda· 17:00   SEC’s Role in FTX Contagion  · 21:40   Status of the DCCPA· 29:40   Managing the Exit of Pat Toomey · 34:40   Will Europe be an Inspiration to Congress?· 44:00   Does Congress Understand How to Regulate Crypto?  · 1:00:00   What is the Path to Composition?  · 1:13:30   What Comes of the Responsible Financial Innovation Act?Resource List:·  Joel’s LinkedIn·  Williams and Jensen·  Blockchain Association ·  Congress accepts FTX donations·  Stabenow Bill ·  Lummis-Gillibrand Bill  ·  Congress may be ‘ungovernable,’ but the US could see crypto legislation in 2023·  US authorities to intensify scrutiny of the crypto industry in 2023·  Biden Administration’s Roadmap to Mitigate Cryptocurrencies’ Risks·  US senator behind efforts to pass major crypto bill won’t seek reelection Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we continue our guest panel discussion on the EU's Markets in Crypto-Assets regulation (MiCA). We dive into the legislation and explore the concept of issuances in greater depth. Be sure to subscribe to The Encrypted Economy for more insights on the latest developments in Web 3 legislation.  Topics Covered:· 0:00        Summary and Introductions· 7:30        Journey of Issuers Under MiCA· 12:00      The Role of the White Paper · 40:00      Exploring the Risk Management Tools· 1:04:00    Timing of MiCA Implementation · 1:12:00    Liability Issues and the Potential for Lack of Clarity· 1:45:30    What Practices Will be Taken on by Issuers?      Resource List:·       MiCA Overview and Categorization of Crypto Assets ·       Alexandru’s LinkedIn ·       Jonathan’s LinkedIn ·       Marina’s LinkedIn ·       Francesco’s LinkedIn ·       William’s LinkedIn·       Alireza’s LinkedIn·       BCA Solutions ·       SLV Legal ·       The European Crypto Initiative ·       Crypto Policy Updates ·       MiCA ·       Hinman Test ·       Safe Harbor ·       Lewis Gillibrand Bill ·       GDPR ·       The competing priorities facing U.S. crypto regulations Follow The Encrypted Economy on your favorite platforms!Twitter LinkedIn Instagram Facebook

On this week’s episode of The Encrypted Economy, our guest is Anna Lerner Nesbitt, CEO of Climate Collective. We discuss the digitization of the value chain to create transparency and verifiability. Be sure to subscribe to The Encrypted Economy for more insight into revolutionary developments in web 3.0. Topics Covered:·       3:30   Anna’s Background·       9:30   Introduction to Regenerative Finance ·       16:00   How Technological Advancements are Enabling Regenerative Practices·       21:50   Areas to be Excited About in Regenerative Finance ·       25:40   Measuring Progress In Developing Countries ·       34:00   Discussing Universal Basic Income·       45:00   What is the Climate Collective?·       57:30   Effective Strategies for Coordinating Climate Response·       1:08:50   Call for Action Resource List:·       Anna’s LinkedIn·       Anna’s Twitter·       Climate Collective·       United Nations Framework Convention on Climate Change·       Global Environmental Facility·       Regenerative Finance·       Toucan·       Flowcarbon·       Senken·       Spirals·       Celo·       Mento·       EthicHub·       Gainforest·       SimplexDNA·       Universal Basic Income·       Good Dollar·       The Paris Agreement’s New Article 6 Rules Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, we have a 5-guest panel discussion on the EU Market in Crypto-assets regulation (MiCA). We dive into the legislation and explore the regulatory frameworks of world leaders. Be sure to subscribe to The Encrypted Economy for more insights on the latest developments in Web 3.  Topics Covered:·       4:00    Introductions·       8:00    Significance of MiCA for the EU·       24:50     How Does MiCA Address Fully Decentralized Digital Asset Projects? ·       31:20     Diving into the Categorizations of Crypto Assets·       1:30:00    Distinction Between European and U.S. Regulatory Frameworks  Resource List:·       MiCA Overview and Categorization of Crypto Assets ·       Alexandru’s LinkedIn·       Jonathan’s LinkedIn·       Marina’s LinkedIn·       Francesco’s LinkedIn·       William’s LinkedIn·       BCA Solutions·       SLV Legal·       The European Crypto Initiative·       Crypto Policy Updates·       MiCA·       GDPR ·       The competing priorities facing U.S. crypto regulations Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, our guests are Lewis Cohen, Greg Strong, Freeman Lewin, and Sarah Chen of DLx Law. We continue our conversation on the classification of digital assets and delve deeper into the characteristics of judicially recognized security instruments. Be sure to subscribe to The Encrypted Economy for more insights on the latest developments in digital asset regulation.  Topics Covered:·       3:05    Intent of The Howey Test·       9:42    Assessing the Application of Howey to the Secondary Market·       13:14    Assessing the Approach to Contract Analysis·       15:00    Overview and Implications of the LBRY Decision ·       38:00    The Flaws of the Hinman Test·       44:50    Discussing Informational Asymmetry Resource List:·       Lewis Cohen’s LinkedIn·       Lewis Cohen’s Twitter·       The Ineluctable Modalities of Securities Law, why Fungible Crypto Assets Are NotSecurities?·       SEC case against LBRY of New Hampshire·       Howey Test·       Reeves Test·       Token Safe Harbor Proposal 2.0·       Hinman Test·       Lummis-Gillibrand Responsible Financial Innovation Act Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, our guest is JW Verret, founder of Crypto Freedom Labs . We discuss the concerns with potential government restrictions on personal and financial privacy in the interest of their subjective interpretation of the common good. Be sure to subscribe to The Encrypted Economy for more insights on the latest development in privacy and web 3.0.  Resource List:·       JW’s LinkedIn·       JW’s Twitter·       Crypto Freedom Labs·       The ‘SBF Bill’: What’s in the Crypto Legislation Backed by FTX's Founder·       JW Verret Articles Cointelegraph·       Tornado Cash·       Zcash·       Immutability in Blockchain·       Reg X Proposal·       Whirlpool·       Gurbir Grewal remarksFollow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, our guest is Savva Kerdemelidis, CEO of Crowd Funded Cures. We discuss how developers are building systems that are seeking to reduce patient care costs. Be sure to subscribe to The Encrypted Economy for more perspective on innovative use cases for blockchain technologies.  Resource List:·  Savva’s LinkedIn·  Savva’s Twitter·  Molecule·  Crowd Funded Cures·  Delinkage·  A New Financial Model for Repurposing Off-Patent Longevity Medicines·  Generics & Biosimilars: Novel New Therapies to Sidestep Drug DevelopmentWoes·  Tragedy of the Commons: A Solvable Problem Caused by Our Current Drug Patent System·  Pay for Success Contracts: A New Model to Develop New Therapies from Old DrugsFollow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, our guest is Will Foulkes, Co-founder, and CEO of Stabiliti, a platform that provides complete end-to-end transparency and traceability across the lifecycle of carbon offsets. We discuss the carbon credit and offset market, and the challenges that innovators are facing in this space. Be sure to subscribe to The Encrypted Economy for more perspective on how developers are using web 3 to tackle some of the most pressing issues of our time. Topics Covered:·    0:00   Intro·    2:30   Will’s Background·    7:20   Defining the Space Stabiliti is in·    9:40   A Background on Carbon Credits and Offsets·    18:40   Understanding Poor and High-Quality Offsets·    24:10   Other Names in the Space·    31:40   What Countries Prioritize ESG?·    35:20   What Models Will Increase Interest in ESG?·    43:00   Walking Through Bringing High-Quality Offsets Online·    49:20   Discussing Examples of Carbon Offsetting Producers·    55:00   Measuring Carbon EmissionsResource List:·    Will’s LinkedIn·    Will’s Twitter·    Stabiliti·    Regenerative Finance·    Carbon Credits and Offsets·    Regeneration Earth·    Climate Collective·    LIDAR Follow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook

On this week’s episode of The Encrypted Economy, our guest is Dane Lund, core contributor to Alliance DAO. We explore the roles of autonomy and decentralization in DAOs and discuss some of the hurdles they are facing as they embrace these concepts. Be sure to subscribe to The Encrypted Economy for more insights on the innovative organizational structures in web 3 and how organizations acknowledge the challenges that arise in them. Topics Covered:·   0:00   Intro·   5:30   Defining Features of a DAO·   14:20   Framing Some of the Problems in the DAO Landscape·   32:40   Anonymity in Voting·   41:50   Discussion on Pseudonyms in DAOs·   51:00   How does Current Legislation Impact DAOs?·   1:02:00   How Can Builders be Policy Advocates?·   1:04:30   Is 2022 the Year of the DAO?Resource List:·       Dane’s LinkedIn·       Dane’s Twitter·       Alliance DAO·       Autonomy in DAOs·       Bermuda Test·       Ooki DAO·       Sarbanes-Oxley  ·       MiCA·       Lummis Gillibrand·       Stabenow Bill·       Lex PunkFollow The Encrypted Economy on your favorite platforms!TwitterLinkedInInstagramFacebook