The Current State of Crypto Regulation – Jake Chervinsky

In this video, Ryan Adams and David Hoffman of Bankless Podcast talk to crypto lawyer and advocate Jake Chervinsky, who was one of the key contributors in the efforts to amend the infamous United States infrastructure bill which recently passed the Senate.

Jake explains that in his view, the bill's language was a result of incompetence rather than malice, shares insiders view of rallying for the amendments, lays out thoughts on DeFi regulation, privacy, and society in general.

Episode timestmaps:

0:00 Intro
6:24 Jake Chervinsky & Disclosures
9:45 Is Crypto Winning?
10:57 Blindsiding the Crypto Lobby
16:02 The Legislation Itself
19:01 Malice or Incompetence?
22:09 Rallying and Amending
31:38 Trying to Govern DeFi
36:01 Why is Treasury Involved?
41:36 Banking Interests & China
45:50 America's Strategic Plan
49:05 Headline News
52:43 Bullish on this News
57:54 Why Walk on Egg Shells?
1:05:43 Trying to Save America
1:09:56 What Can We Do?
1:13:22 Congress Interests
1:19:29 Privacy and Society
1:27:02 The Final Boss
1:33:32 Closing & Disclaimers

The episode premiered on August 17, 2021.