Birdnals.eth 🎩💩

@birdnals

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Birdnals.eth 🎩💩

Buckle in; the week of July 14th has been officially declared "Crypto Week" in the House. https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=410793

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Birdnals.eth 🎩💩

SEC v. Ripple ends its 5 year battle with a whimper, while the Senate turns to market structure (kinda). Also, I might be able to use my fartcoin bag to qualify for my next mortgage? Here's everything that happened in crypto law last week: https://nfttorney.com/2025/07/01/off-the-blockchain-june-23-30-2025/

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Birdnals.eth 🎩💩

For anybody interested, here is the letter I had the honor of co-authoring with some colleagues to the SEC on behalf of the Digital Chamber regarding rule proposal changes for NFTs/Stablecoins/Wrapped Tokens and suggestions to improve discourse between the Commission and the industry. https://www.sec.gov/files/ctf-written-input-jonathan-schmalfeld-daniel-mcavoy-stephen-rutenberg-polsinelli-pc-062725.pdf

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Birdnals.eth 🎩💩

Public Safety Reminder: Currently a Google ad result for an AAVE search is what looks like a drainer site. Just a regular reminder to not connect your wallet to sites unless you are mega-super-sure it is the right address. Stay frosty.

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Birdnals.eth 🎩💩

The GENIUS Act passed the Senate (now just need the House to not mess it up) and DeFi lending hit all time highs. Here's everything that happened in Crypto Law last week: https://nfttorney.com/2025/06/24/off-the-blockchain-june-16-23-2025/

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Birdnals.eth 🎩💩

Congress stayed busy with developments in CLARITY and GENIUS acts, Coinbase released their annual State of Crypto Report (no tanks mentioned, afaik), and M&A is hot. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/06/17/off-the-blockchain-june-9-16-2025/

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Birdnals.eth 🎩💩

Crypto is going public with IPOs, Congress gets heated over Digital Asset regulation, and privacy advocates argue for freedom to code. Here's everything that happened in Crypto Law last week: https://nfttorney.com/2025/06/10/off-the-blockchain-june-2-9-2025/

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Birdnals.eth 🎩💩

Interesting ruling out of SCOTUS on a gun case which could have more broad implications for things like Tornado Cash and Samurai Wallet cases: "an ordinary merchant does not become liable for criminal misuse of her goods simply by knowing that, in some fraction of cases, misuse will occur." Case here: https://www.supremecourt.gov/opinions/24pdf/23-1141_lkgn.pdf

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Birdnals.eth 🎩💩

I am convinced that the Mountainhead characters were written to be caricatures/richer versions of the All In hosts, and it makes me increasingly worried for our boy Friedberg.

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Birdnals.eth 🎩💩

It was a slow week until Thursday when all hell broke loose (in a good way). SEC. v. Binance is all but over, staking is Gucci with the SEC, and Market Structure got a name/improvements. Here's everything that happened in crypto law last week:https://nfttorney.com/2025/06/03/off-the-blockchain-may-26-june-2-2025/

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Birdnals.eth 🎩💩

Market structure (now named the CLARITY Act) dropped! Here’s the press release with links to the bill text, 1 pager, and section breakdown. Thoughts? I am pleasantly surprised the Decentralized Finance Trading Protocol definition seems much improved. https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=409749

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Birdnals.eth 🎩💩

We all agree that I2dt and the other ETH doomers of poof are still BANNED from the purple app, right?

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Birdnals.eth 🎩💩

Ratifying @procoin governance

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Birdnals.eth 🎩💩

Has anyone ever seen a “For What it is Worth Advisory” Order before? 😂. From the District Court case which issued an injunction against the $200 SAR threshold for border towns.

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Birdnals.eth 🎩💩

Code is law? Fairly substantial ruling in the Mango Markets criminal case last week while DeFi patents are getting litigated elsewhere. Here’s everything that happened in Crypto Law last week: https://nfttorney.com/2025/05/27/off-the-blockchain-may-19-26-2025/

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Birdnals.eth 🎩💩

The Senate stablecoin bill is (finally!) here! And lots of TradFi trying to "how do you do, fellow kids" into DeFi now that Congress is on board. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/05/20/off-the-blockchain-may-5-12-2025-2/

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Birdnals.eth 🎩💩

It was a BUSY week, with market structure 2.0 language released and a House hearing on it protest boycotted last minute, along with the stablecoin bill stalling (for now) in the Senate. Here's everything that happened in crypto law last week: https://nfttorney.com/2025/05/13/off-the-blockchain-may-5-12-2025/

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Birdnals.eth 🎩💩

I’ll be at Consensus in Toronto next week with some others from my firm, and would be great to see as many law casters as possible while I’m there. Shoot me a message if you’re going and I’d love to try to meet up.

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Birdnals.eth 🎩💩

Can we bring back the phrase "What does that have to do with the price of tea in China?" when crypto prices yo-yo over China tariffs despite crypto having fuck all to do with China/US trade relations?

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