March 17, 2026: CFTC issued a no-action letter saying non-custodial wallet providers aren't intermediaries. SEC issued a rule clarifying, finally, how the Howey test applies to crypto. Chair Atkins announced plans for "Reg Crypto," a safe harbor for token issuers. Surreal.

🔥JUST IN: Mastercard is set to acquire stablecoin infrastructure firm BVNK for up to $1.8B.

One of the most misguided concepts crypto ever came up with might be governance tokens. Most companies don’t actually take governance seriously. They use it as regulatory arbitrage. The token exists because it’s essentially free money they can print on top of their equity. They

A lot of people in crypto don't quite grasp how big the existing financial system is. Conversely, people outside crypto don't quite realise how novel crypto primitives actually are. The entire crypto market cap is ~$2.5 trillion. Whereas the OTC derivatives market is over $500

JUST IN: Billionaire Stanley Druckenmiller says the global payment system will run on crypto stablecoins within 15 years because they are more efficient.

The trend is clear. DeFi is not just here to stay. DeFi is here to disrupt.

BREAKING: Things are getting crazy in Crypto... Mastercard just announced a Partner Program with 85+ crypto companies, financial institutions, and payments providers to collaborate on real-world Blockchain applications. Most people don’t understand the ground is shifting

I’ll take the other side of crypto VC doomers. - Sentiment in the gutter will keep valuations reasonable - Bear market is washing out tourist founders & mercenary capital, leaving behind stronger signal - AI accelerating GTM - Wallet installed bases at ATHs - New distribution

MC closed with a sentiment many long time builders share: "After nearly a decade in this space, it finally feels like everything we hoped for is on the verge of becoming real."

The line that really hit me: "There is no crypto market structure if there's no useful crypto in the world. And in my view, there's no useful crypto in the world if we don't protect DeFi."

5/ Jake drew the line clearly: developers of non custodial software cannot be misclassified as money transmitters or derivatives intermediaries and forced into KYC or broker roles impossible on pseudonymous smart contracts

4/ MC’s perspective as a builder: longevity comes from designing for user outcomes, not short term churn. That means clear risk disclosure, transparent protocol design, and solvency protections for users

3/ Jake on the Clarity Act: lock in rules for centralized spot markets and issuers, and resist rushing DeFi specific legislation. Whatever is passed now could shape market structure for decades

2/ The Commodity Exchange Act currently makes it illegal for U.S. users to trade perpetuals on non custodial platforms. Derivatives law assumes centralized exchanges accessed through brokers which doesn’t fit DeFi

If you want to understand what's happening in #DeFi policy, check out the latest Empire episode with @jchervinsky & @Mclader Here's what stuck with me:

I don't think people understand how insane this actually is... Nasdaq just partnered with Kraken to enable 24/7 trading of tokenized stocks. The craziest part is it'll run on Kraken - not through traditional brokers like Schwab or TD. Last week the Fed, FDIC, and OCC confirmed

The Coinbase Premium is EXPLODING. 🚨 US investors are buying $BTC right now. Not tomorrow. Not after the next pump. RIGHT NOW. This is the fingerprint of serious money entering the market. When Coinbase trades at a premium to every other exchange.. That's institutions.

Realizing there's an entire world outside of X and they don't even think about the Markets or Crypto...

We’ve been working on refining our investment thesis for the next 5-10 years. My biggest takeaway after 9 years in crypto: I’ve probably never been more bullish than I am right now. If you’re thinking in weeks to months, I get the fear. But if you’re thinking in years, I

Most Valuable Crypto Companies 👇 1. Tether 2. Binance 3. Revolut 4. Strategy 5. Ripple 6. Coinbase 7. Kraken 8. Circle 9. Bitmain 10. IREN 11. OpenSea 12. Hyperliquid 13. Alchemy 14. KuCoin 15. NEAR 16. BitMine 17. StarkWare 18. Fireblocks 19. FalconX 20. Gemini Bookmark for