April 21st, 2025

Lee and Jimmie discuss Kraken's expansion into equities, a new SEC statement on crypto-related disclosures, a delay in Ethereum ETF staking decision, the demise of the IRS DeFi broker rule and the DoJ crypto enforcement unit, and a new BIS paper on tokenization. Lee's X: @leereiners Jimmie's X: @jimmie_lenz Related Links: Kraken expands beyond crypto: Announcing U.S.-listed stock and ETF trading - Kraken Blog Kraken Blog SEC.gov | Offerings and Registrations of Securities in the Crypto Asset Markets Notice of Designation of a Longer Period for Commission Action on a Proposed Rule Change to Amend the Grayscale Ethereum Trust ETF and Grayscale Ethereum Mini Trust ETF to Permit Staking of the Ether Held by the Trusts President Trump Signs Joint Resolution Striking Down IRS "Broker Rule" on Digital Assets | Find Know Do DOJ Refocuses Crypto Enforcement Strategy | Find Know Do Leveraging tokenisation for payments and financial transactions