Bankless Weekly Rollup 3rd Week of February 2023 ------ 🚀 JOIN BANKLESS PREMIUM:  https://newsletter.banklesshq.com/subscribe  ------ BANKLESS SPONSOR TOOLS:  🐙KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  🦄UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  ⚖️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum  🚁 EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi   👻 PHANTOM | CROSS-CHAIN WALLET https://bankless.cc/phantom  ------ Topics Covered 0:00 Intro 4:00 Markets 7:35 Inflation https://www.cnbc.com/2023/02/14/consumer-price-index-january-2023-.html  https://eu.usatoday.com/story/money/economy/2023/02/14/cpi-january-inflation-data-today-live-updates/11247836002/  11:45 ETH Supply https://ultrasound.money/  15:54 BTC Halving Timelines https://twitter.com/DU09BTC/status/1626118062360469505  23:40 U.S. Ban Hammer  https://www.sec.gov/news/press-release/2023-25  https://twitter.com/GaryGensler/status/1623777842000539648  https://blog.kraken.com/post/17619/settlement/  28:15 Commissioner Hester M. Peirce Dissent https://www.sec.gov/news/statement/peirce-statement-kraken-020923  31:55 Coinbase Reactions https://twitter.com/brian_armstrong/status/1623860170404286464   https://twitter.com/brian_armstrong/status/1624829368915890176   33:00 Reactions & Takes https://twitter.com/ohaiom/status/1624534998069006337   https://twitter.com/milesjennings/status/1623850932860784641  38:30 SEC & NYDFS Hammering on Paxos https://paxos.com/2023/02/13/paxos-issues-statement/   40:10 PayPal Pauses Stablecoin Work https://www.bloomberg.com/news/articles/2023-02-10/paypal-pauses-stablecoin-work-amid-regulatory-scrutiny-of-crypto   42:10 New SEC Rule restricts Which U.S. Companies Can Custody Crypto  https://www.coindesk.com/policy/2023/02/15/sec-proposal-could-bar-investment-advisers-from-keeping-assets-at-crypto-firms/   48:22 Hester Take https://www.sec.gov/news/statement/peirce-statement-custody-021523   49:45 Blur Drop https://twitter.com/blur_io/status/1625566146241114112  https://www.coingecko.com/en/coins/blur   https://twitter.com/MannionNFT/status/1625602378106908673   https://twitter.com/BanklessHQ/status/1625620810902675457   53:45 ETH https://twitter.com/ultrasoundmoney/status/1625209951944642581  https://nerolation.github.io/mevflow.html   55:38 Polygon zkEVM Mainnet Launched on March 27th! https://twitter.com/MihailoBjelic/status/1625532387235971076  56:50 zkSync Era Mainnet https://twitter.com/zksync/status/1626235292268240902  https://forms.gle/KBreznP3g8aJYTJS7  1:01:30 NFTs https://twitter.com/cozomomedici/status/1625206526800703488  1:01:52 BTC NFTS https://dune.com/dataalways/ordinals  https://www.coindesk.com/web3/2023/02/09/bitcoin-punks-ordinal-nft-collection-soars-in-value/  1:06:40 SBF https://www.cnbc.com/2023/02/15/sam-bankman-frieds-two-bond-guarantors-revealed-after-unsealing-.html  https://twitter.com/AutismCapital/status/1625930741367595008   1:07:57 Celsius https://twitter.com/CelsiusUcc/status/1625854272561889281  https://twitter.com/CelsiansNetwork/status/1625600427696717825  1:10:30 Releases Sign-In with Ethereum on Shopify  https://twitter.com/sadaf_eth/status/1624086599486283776   1:11:55 Token Terminal Financial statements for DAOs https://twitter.com/tokenterminal/status/1625838112218677250  1:16:25 Questions from the Nation Takes of the Week 1:23:40 Balaji https://twitter.com/balajis/status/1625720725645692928   1:25:40 6529 https://twitter.com/punk6529/status/1625619140705656847  1:26:15 Ryan Question https://twitter.com/RyanSAdams/status/1625832853056417792  1:30:00 What David’s Bullish On 1:32:45 What Ryan’s Bullish On https://twitter.com/RyanSAdams/status/1626249830191321089  1:37:22 MEME of the Week https://twitter.com/ColinLieb/status/1623815237425106948   Risks & Disclaimers ---- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures 

In today's episode, Ryan and David bring on Mike Selig to chat about everything need to know about crypto regulation. Mike is a crypto lawyer at Willkie Farr & Gallagher, former a regulator at the CFTC, and a frequent contributor to Coindesk about the state of crypto regulation.  Operation Chokepoint is in full effect. Tune in to understand everything you need to know.  ------  MetaMask Learn  https://bankless.cc/metamaskshow  ------  JOIN BANKLESS PREMIUM:  https://newsletter.banklesshq.com/subscribe  ------ BANKLESS SPONSOR TOOLS:  KRAKEN | MOST-TRUSTED CRYPTO EXCHANGE https://bankless.cc/kraken  UNISWAP | ON-CHAIN MARKETPLACE https://bankless.cc/uniswap  ️ ARBITRUM | SCALING ETHEREUM https://bankless.cc/Arbitrum   EARNIFI | CLAIM YOUR UNCLAIMED AIRDROPS https://bankless.cc/earnifi   ------ Timestamps: 0:00 Intro 6:18 2023 Regulation Playbook 7:15 SEC Charging Kraken 11:27 SEC Rolling Out Regulation 14:09 SEC Patronizing Approach 15:44 Wells Notice 19:45 Kaken Staking Crackdown 28:00 Driving Crypto Offshore 30:05 Staking Pools Next? 35:05 SEC Scoring Points 40:50 Paxos & BUSD 44:40 Circle 50:55 Banks Servicing the Crypto Industry 57:55 Net Effects 59:27 U.S. Crypto Regulation History 1:02:49 Why the U.S. Hates Crypto 1:06:26 Banks vs. Crypto 1:08:14 Will Crypto Survive? 1:10:25 Closing & Disclaimers ------ Resources: Regulation vs. Decentralization  https://www.coindesk.com/consensus-magazine/2022/12/23/2023-the-year-of-regulation-vs-decentralization/  Gensler Statement https://twitter.com/SquawkCNBC/status/1624041483241156608  ----- Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research. Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here: https://www.bankless.com/disclosures