ROLLUP: SEC Announces "Project Crypto." This Changes Everything.

In this episode of the Bankless podcast, David is joined by Haseeb Qureshi to discuss the week's crypto news, as Ryan is on vacation. They begin by celebrating Ethereum's 10th birthday, reflecting on its impact and the community's "Believe in Something" campaign, but acknowledge the overshadowing Roman Storm case. They then dive into the SEC's "Project Crypto," interpreting it as a bullish move towards modernizing securities rules and bringing crypto asset distribution back to America, while also allowing for innovation with "super apps" and on-chain software systems. They analyze the five key points of the initiative, emphasizing the potential for American capital markets to move on-chain, and also touch on ETH Treasury companies, in-kind creations, redemptions for crypto ETPs, and the Zora Pump conversations. Finally, they address the Roman Storm case, with Haseeb providing insights into the implications and potential outcomes, as well as his personal connection to the case.