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From Sand to Stone: Two GCs on the New Legal Foundation Shaping Crypto's Future 🏛️
In episode five of Layer One, @imyoungsparks and @stvngts were joined by @AvaLabs GC @leelaughs5x and @plumenetwork GC @banamlas, to discuss how the Senate bill turns crypto's legal foundation from sand to stone, and what that means for the next generation of builders 🏗️
The group also touched on:
• Governance tokens
• Decentralization tests
• What clarity means for builders
OUTLINE
00:00 - Introduction
01:28 - Salman's Path: CFTC to Crypto
05:52 - Lee on Token Sales & Legal Structures
08:17 - RWA Rights & Disclosures
12:26 - What Buyers Should Care About
15:15 - Pre IPO Tokenized Shares
18:49 - The Governance Token Question
22:03 - The Decentralization Test Debate
28:13 - What Clarity Means for Builders
36:41 - TradFi's Crypto Play
44:31 - Open vs Closed Networks
51:20 - Outro
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