miles jennings

miles jennings

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@a16zcrypto | Prev Partner @Lathamwatkins | Write about crypto policy, decentralization, tokens & more - http://linktr.ee/milesjennings

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Wyoming, Alabama, and West Virginia have all enacted DUNA laws for DAOs. Tech built in the U.S. can now stay in the U.S.

I’m the opposite of an AI skeptic. BUT I am deeply skeptical of articles that hype-extrapolate the recent gains in AI software engineering to other fields without even mentioning determinism or verifiability…

It's more expedient to sell something you can call "new" than it is to build something that's actually new.

The SEC-CFTC harmonization event last week was the strongest signal yet that our financial system is going to move onchain. This makes the need for market structure legislation even more important and urgent, not less.

No one was proposing to make this trade. Nothing in market structure prevents tokenized securities. Simply restating the law does not change the law.

Jake Chervinsky

The purpose of market structure legislation is to create a new regulatory framework for spot crypto. Tokenized securities have no place in this bill. We must not trade away the SEC's authority to bring the existing financial system onchain just to make a deal. @banamlas is 💯 x.com/banamlas/statu…

Perfect inverse of Gensler: tokens were securities if up (because then your expectation of profits was reasonable), and commodities when down (because then you were just a fool).

How do we get crypto perps trading on DeFi in the US? Here are 3 steps the CFTC should start with: 1⃣ Blanket safe harbor for Protocols 2⃣ Clarity for Apps that aren't required to register 3⃣ Registration pathway for Apps that want it

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