May 4th, 2026

Lee and Jimmie discuss a new Senate compromise on stablecoin rewards, the debate around whether stablecoin issuers should unilaterally freeze wallets tied to illicit activities, an SEC staff statement exempting DeFi front-ends from broker-dealer registration, and the myriad issues surrounding event contracts and prediction markets. 📺 Watch on YouTube: Coffee & Crypto With Lee & Jimmie  📌 Hosts on X (formerly Twitter): • Lee Reiners → @leereiners • Jimmie Lenz → @jimmie_lenz 🔗 Related Links: Clarity Act text lets crypto firms offer stablecoin rewards while shielding bank yield Circle won't freeze stolen crypto. Tether will. Now what? | American Banker SEC Staff Exempt Certain Crypto Wallet Interfaces From Broker-Dealer Registration Requirements - Unchained Senate Bans Prediction Markets for Its Members and Staff - The New York Times Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets - WSJ