EU crypto lawyers and founders, are you ready to dive into MiCA without the headache? Introducing the first browsable, structured version of MiCA. A MiCA Gitbook. Your regulatory nightmare just got easier. 👇

what do europeans build with fable when it is available? build the snappiest graph search of the level 1 and level 2 crypto regulation

sign-in with ethereum is actually a terrible idea because it trains people to sign messages all the time & creates _signing fatigue_. what you actually want is the exact opposite. a sig should be considered _dangerous_ and treated as a _special event_. it should not be something users do casually as part of their normal workflow. if people get used to clicking "sign" everywhere, they stop paying attention & eventually sign things they do not understand (this happens every minute in this space btw). the right security model is to teach users that signing something is a _serious action_ that deserves a lot of scrutiny, and not to normalise it as just another login button. we should immediately stop doing this shit.

Claude: I’m ready to build your app. Just say start Me: Start Claude: Daily limit reached.

👀 You can now talk to your EU crypto regulation, EBA, ESMA and guidance of 9 NCAs, more coming... 🏗️

Over a trillion dollars worth of perps are traded every month, yet 99% people have never heard of them. This @LawofCodeFM episode is a multi-hour deep dive on perps, starting from the history of grain futures in Chicago to Friday's historic @CFTC announcements. It took me months to put this together. My goal: the internet's most comprehensive explainer on perps. You'll hear from the world's leading experts on the legal layer of perps; @jchervinsky and @BradBourque of @HyperliquidPC, @BrettHarrison of @Architect_Fi, @kkirkbos, @_Ryne_Miller, @mdf2000 and David Shafer of @coinbase. By the end of this episode, I promise you'll be in the top percentile for understanding perps, regardless of where you're starting from. (You just might need to listen twice. There's a lot here.) Timestamps: 0:00 Intro 4:04 What is a perp @BrettHarrison 7:18 Why futures contracts exist 8:15 Liquidity fragmentation 11:01 History of U.S. futures @_Ryne_Miller 17:08 Richard Nixon, the gold standard and financial futures 21:27 Birth of the CFTC 24:27 Robert Shiller's 1992 paper @kkirkbos 30:09 Price convergence 32:00 The funding rate 43:41 Oracles and manipulation risk 47:39 Are perps swaps or futures? 52:44 A @ChairmanSelig clip on perps 54:02 The DCM framework 59:16 DCMs, DCOs and FCMs explained 1:04:55 History of crypto perps (BitMEX) 1:13:00 How Hyperliquid works 1:25:41 CFTC's historic announcements on May 29, 2026 1:35:00 Fireside with @jchervinsky and @BradBourque of @HyperliquidPC Nothing in this podcast is legal or investment advice.

"Young Americans hate you. They view you as a bunch of paternalistic dickheads who crashed the system in 2008" Austin on why the bank lobby has gotten old, out of touch, and is losing the stablecoin debate "The bank lobby has gotten incredibly old and out of touch. SoFi has opened more accounts over the last few years than all of the big four combined. They don't like you guys" "You're arguing things that are factually wrong and the people who are informed on finance understand this. Anybody saying US dollar stablecoins cause deposits to leave the banking system in aggregate does not understand how bank deposits work" "It is not mechanically possible for that to happen. Bank deposits are destroyed when you take money out of an ATM, when you repay a loan, when a bank sells an asset off the balance sheet. None of those involve a stablecoin"

This belongs to all of us.

1/ Yesterday’s bipartisan vote on the Clarity Act was a historic step forward. But digesting 309 pages of technical legislation – how’s that going to work!? To help everyone dig in, we developed in interactive map of Title 1: static.cahill.com/cahillnxt-…. Come play!

@JayaGup10 in absolute crush mode here 🔥 The importance of insane talent is finally taking headlines as it should. We over rotate on career history and undervalue future potential. Never before has the latter been more game changing…

Become unreasonable.

Stripe doesn't need to win the protocol war. It needs the winning protocol to terminate inside Stripe's balance sheet.

'who thinks abstractly? the uneducated, not the educated.' hegel told us in 1808. crypto talked about 'account abstraction' for years but never shipped it at scale. now fintech did it for us. except they didn't abstract the account. they abstracted crypto itself. away from the people who were supposed to use it. who knew stablecoins were just an intercompany accounting tool? circle mints USDC on its own balance sheet, shuffles it between its own subsidiaries, burns it. the bank sends fiat in, gets fiat out. $68M across 8 entities in one month, settled in minutes. the stablecoin is born and dies inside circle's corporate group. nobody else ever touches it. who knew you could build an entire blockchain where the whole point is that nobody knows they're on a blockchain? stripe shipped tempo, a chain where businesses issue virtual addresses to their customers and all funds route to one master wallet. the customer sees a payment. the business sees a ledger entry. the blockchain is a backend detail, like a database vendor. who knew 'self-custodial' could mean signing up with an email? privy ships passkey wallets where the credential is bound to a single app domain. the user never sees a key, never signs a transaction, never knows the wallet exists. self-custody as a legal classification, not a user experience. of course. this is the WaaS playbook. circle does it for banks. stripe/privy does it for fintechs. both for consumers. the plumbing works. but it's hidden plumbing. and incumbents will always be better at hiding crypto than we are. let them have it. except every roadmap tells a different story. I call it account graduation: circle's own press release says the quiet part: managed payments is designed so institutions 'gradually evolve from a managed model toward greater ownership and control.' that's graduation language. start with training wheels, end with direct ownership. tempo is building the infrastructure for what comes after the training wheels. access keys with spending caps so businesses can delegate without losing control. a shared policy registry so compliance rules apply once across every token. ISO 20022 memos so on-chain payments reconcile against ERPs without custom code. abstraction features graduate to ownership features. privy's Q4 roadmap points the same direction. preconfigured agent policies. a treasury management suite. the tools you need once you stop hiding the account and start actually running it. everyone starts by hiding crypto. then they build accounts. the abstraction is transitional. the account keeps floating to the surface. crypto's job is not to build more abstraction layers for people who don't want to touch it. the incumbents have that covered. instead, cryptos job is to builds the concreteness. the ownership infrastructure that the training wheels eventually come off onto. the uneducated abstract. businesses ahead of the curve make it concrete. kanye had a word for this on graduation: 'good morning and look at the valedictorian; scared of the future while I hop in the DeLorean'. good morning. welcome to graduation. 🧸

the permissions will live on chain deterministic, verifiable, auditable