The Crypto Tape – Why Walled-Garden DeFi Never Works, and the Policy Fights That Actually Matter with Rebecca Retting

Rebecca Rettig, Chief Legal Officer of Jito Labs, joins Frank Chaparro to talk through the policy fights that will define DeFi's next chapter.Rebecca argues that institutional DeFi cannot mean walled-garden DeFi, and that the existential threat to the space is the one-to-one mapping of crypto categories onto TradFi labels. She also reframes MEV as transaction ordering value, breaks down Jito's BAM, and walks through the specific Clarity Act provisions she thinks will unlock institutional participation in permissionless systems.