March 23rd, 2023

Lee and Jimmie discuss the demise of Silicon Valley Bank and Signature Bank and the long-term implications of the policy response on risk-taking in the financial system and what it all means for crypto. They also dissect the digital assets section of the recent Council of Economic Advisors Economic Report of the President (Jimme hates it, Lee loves its). They conclude by talking about recent SEC crypto-related enforcement actions, including the SEC Wells Notice to Coinbase. Lee's Twitter: @leereiners Jimmie's Twitter: @jimmie_lenz Related Links Economic Report of the President: https://www.whitehouse.gov/wp-content/uploads/2023/03/ERP-2023.pdf We asked the SEC for reasonable crypto rules for Americans. We got legal threats instead: https://www.coinbase.com/blog/we-asked-the-sec-for-reasonable-crypto-rules-for-americans-we-got-legal