The Law of Code podcast focuses on the legal framework being built around blockchains, crypto, NFTs, and DAOs. We’ll look at crypto regulations, rights surrounding NFTs, as well as the legislation impacting blockchain.
When deciding to build a legal career in crypto, we ask: How does one become a crypto lawyer?
@jchervinsky, @RebeccaRettig1 and @SHodyEsq answering that question with me Jacob Robinson @JacobRobinsonJD
@haydentiff
As I’ve learned from @rohangrey, solvency isn’t what protects bank deposits, deposit insurance is. Even if the FDIC goes bust, the federal gov is legally required to honor the FDIC’s obligations to depositors. Being backed by public authority is the guarantee that matters. $USDT
Top US regulators are calling for urgent legislation on stablecoins, proposing they should become “insured depository institutions” (read: banks), that wallets should get federal oversight and affiliation with commercial entities should be limited.
https://www.congress.gov/bill/116th-congress/house-bill/8827/text