Zack Shapiro, Head of Policy at the Bitcoin Policy Institute and Founder of Rains, joins us to talk about the shifting landscape of crypto regulation under the Trump administration. We discuss why the CLARITY Act is in limbo, the “Defi mullet” and the legal challenges facing AI agents. Zack gives a behind-the-scenes look at the banking lobby’s war on stablecoin yields and evaluates the progress of the Strategic Bitcoin Reserve.
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Notes:
- Banks lobbied for 1:1 yield ban.
- Coinbase takes their pound of flesh
- AI ends billable hour standard.
The Gwart Show is sponsored by Ellipsis Labs. Ellipsis Labs builds the most efficient on-chain markets. Their orderbook and Prop AMM products have delivered price improvement to hundreds of billions of dollars in retail volume. Now, they are bringing their expertise to build Phoenix, the best on-chain perpetuals platform.
Ellipsis Labs is hiring New York-based engineers. If you’re an engineer looking to work with a proven team in making DeFi better, go to ellipsislabs dot xyz slash careers.
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