If you liked @HesterPeirce’s speech from today, we did, too. :) Peep the footnote…. a @fund_defi paper by @glzavatone & Henry Michaelson — sooooo cool! Our team has done an insane amount of great work on this topic.

@LazPieper & @glzavatone did an amazingly insightful long-form paper: “Square Peg in a Round Hole: Why the Bank Secrecy Act Should Not Apply to Blockchain Participants” 👇

And, @HesterPeirce cites “The Bank Secrecy Act is Broken,” by Gavin & Henry 👇

These papers are from Nov 2024 and Feb 2025 — which shows that the DEF team has our finger on the pulse about what matters to DeFi, as we continuously work to bridge DC policy & regulations with the realities of decentralized tech… all for the benefit of DeFi and its developers.

I’m so proud of the team!!! @fund_defi is able to do this thoughtful, long-form, regulator-quotable work because of the support and generosity of the DeFi community, so thank you.

@LazPieper @glzavatone Wait — try this link for this paper ahhhh

@LazPieper & @glzavatone did an amazingly insightful long-form paper: “Square Peg in a Round Hole: Why the Bank Secrecy Act Should Not Apply to Blockchain Participants” 👇

And, @HesterPeirce cites “The Bank Secrecy Act is Broken,” by @glzavatone & Henry 👇

These papers are from Nov 2024 and Feb 2025 — which shows that the DEF team has our finger on the pulse about what matters to DeFi, as we continuously work to bridge DC policy & regulations with the realities of decentralized tech… all for the benefit of DeFi and its developers.

I’m so proud of the team!!! @fund_defi is able to do this thoughtful, long-form, regulator-quotable work because of the support and generosity of the DeFi community, so thank you.