CoinFund investor breaks down Trump’s crypto executive order and SEC’s Project Crypto

Episode 38 of The Crypto Beat was recorded with The Block's Head of Growth, Tim Copeland, Co-Host Kelvin Sparks, and CoinFund Investor Kavan Canekeratne.

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In this episode, Tim, Kelvin, and Kavan discuss the evolving U.S. regulatory stance on crypto, including the SEC’s Project Crypto and rulings on liquid staking. He explains the rise of perpetuals, tokenized assets, stablecoins, and the competitive dynamics of exchanges, while highlighting risks around leverage, meme coins, and treasury companies. The discussion concludes with a comparison of Ethereum and Solana, Bitcoin DeFi, and the growing overlap between cryptocurrency and gambling.

OUTLINE 00:00 - Introduction

00:42 - Crypto in 401Ks and U.S. regulatory shifts

03:42 - Roman Storm trial

04:47 - Explosion of perpetuals trading

06:18 - Exchange competition

07:38 - Tokenized stocks and global adoption

11:12 - Risks of leverage and stablecoin clarity

16:30 - Tokenized RWAs

17:32 - Ethereum’s resurgence vs. Solana’s momentum

22:37 - Rollups, UX improvements, and scaling Ethereum

24:48 - Meme coins, NFTs, and evolving adoption cycles

30:32 - Bitcoin DeFi & treasury companies

40:08 - Closing remarks

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Guest links: Kavan Canekeratne - ⁠⁠https://x.com/kavancane⁠

Coinfund -⁠ ⁠https://x.com/coinfund_io

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