Sam Harrison

BitGo covers 186 of the top 250 digital assets by market cap. Other institutional providers cover far less. That gap is not a coincidence. It reflects a deliberate commitment to ensuring institutions never have to leave the platform to access the assets they need. One regulated platform. More of the market. bitgo.com/resources/blog…

YC will invest in any YC company in stablecoins The new financial rails of the revolution will not be over ACH or wire

The SEC just submitted a new framework called Reg Crypto to the White House for review. It creates a startup exemption for fundraises under $5M with no SEC filing, a $75M annual exemption with minimal paperwork, and a graduation path for tokens to move from security status to digital commodity. Combined with the 16 coins already classified as non-securities, the SEC has effectively stopped pursuing new lawsuits. The final step is the CLARITY Act passing the Senate this month. 0:00 Intro: SEC Just Gave Crypto the Green Light 2:23 CLARITY Act vs SEC Framework vs CFTC 4:21 Four Types of Non-Security Crypto Assets 6:15 Reg Crypto: The New SEC Framework Explained 11:39 Startup Exemption: Raise Under $5M No Filing 15:33 $75M Annual Exemption With Minimal Filing 17:45 Token Graduation: Security to Digital Commodity 21:15 Real Examples: Ethereum, Solana, and Others 27:45 Why the SEC Won't Sue Anymore 31:45 CLARITY Act: The Final Piece

This is Oceans 11 / James Bond level obfuscation and deception. Here is my takeaway: Security must be built in from the very beginning. Air gap. Dedicate devices. MFA. Good security hygiene. Constant vigilance. Even Smaug, in his arrogance, had a glaring hole.

“The power that a millionaire has over me is much less than that of the smallest bureaucrat who wields the coercive power of the state, and on whose discretion it depends whether and how I am to be allowed to live or to work.” — Friedrich Hayek

"The best teams buy security/risk infrastructure early because they want to endure. The weakest teams delay, under-scope, or shop on price until an incident makes the need undeniable. These are the teams most likely to blow up." What are your favorite founders building for?

"The best teams buy security/risk infrastructure early because they want to endure. The weakest teams delay, under-scope, or shop on price until an incident makes the need undeniable. These are the teams most likely to blow up." This is a brilliantly deep observation. Great article.

This is why we can't have nice things

NASA has launched a website where you can follow the Artemis II mission to the Moon in real time 👩‍🚀 Absolutely amazing. Link 🔗👇

Pictured: Orion – 30,000 miles above Earth on the Artemis II mission – separating from the rocket's upper stage. Anduril now has over 400 telescopes around the globe. Advanced space sensing software provides real-time focal plane processing to identify & track objects. Think Sentry Tower software, but for space.

@rleshner @SuperstateInc Nice.

Today, I'm proud to announce Superstate Offchain: You can now hold shares of funds and companies in quantum-resistant, blockchain-agnostic certificates, printed on state of the art 100% organic paper 📜 Follow @SuperstateInc to learn more

I think the CLARITY Act and the GENIUS Act necessitate a little bit of explanation about how things like SoFiUSD and USDC are actually different. SoFiUSD = Tokenized Deposit. Real Fiat in a bank account. Tokens used on crypto payment rails. USDC = Collateralized Token. Backed by a treasury. Similar outcomes (stables on blockchain), different constructions and different rewards/regulations.

Apparently, the new CLARITY Act bill will ban "passive yield" on stablecoins. Good for players like SoFiUSD that function as a payment rail rather than a savings account. Less good for players like Coinbase that will have a revenue hit from the reward ban.

- SoFiUSD & the Clarity Act $SoFi - CLARITY Act : Senators Tillis & Alsobrooks reached a deal with the White House on stablecoin yield — biggest roadblock removed - The Compromise: Bans passive yield (just for holding) to protect bank deposits; allows activity-based rewards (tied to payments/transfers/use) - Impact on SoFiUSD: Neutral on yield, SoFiUSD is a pure payment/settlement stablecoin with no passive interest today - Big Win for SoFiUSD: Provides long-awaited regulatory clarity for bank-issued stablecoins; reduces competition from high-yield non-bank tokens - Overall Effect: Positive , clears path for broader CLARITY Act passage, boosts adoption of SoFiUSD in payments, Mastercard settlements & enterprise use - Bottom Line: Bank-friendly outcome that strengthens SoFi’s position as a regulated leader in stablecoin infrastructure. No downside for current holders.