a16z's Brian Quintenz: Congress must provide clarity where the SEC won't

Episode 67 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro, and a16z crypto's Global Head of Policy Brian Quintenz

Listen below, and subscribe to The Scoop on Youtube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].

Brian Quintenz is the Global Head of Policy at a16z crypto and a former commissioner at the U.S. Commodity Futures Trading Commission.

In this episode, Quintenz explains how the SEC's failure to issue updated guidance for the crypto industry has created a legislative opportunity for clarity.

According to Quintenz, "Congress needs to show the way by creating the framework that the SEC is refusing to contemplate."

Outline:

0:36 Policy & regulation overview

2:43 Securities v. commodities

06:37 Registered securities

11:58 Special Purpose Broker-Dealers

14:49 a16z’s policy uutlook

18:34 Ponzi schemes

21:31 CeFi regulation

27:16 Lummis x Gillibrand’s crypto bill

30:30 Token decentralization

32:32 Legislative hurdles