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Rebecca Rettig

@RebeccaRettig1

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Chief Legal & Policy Officer @0xPolygon Labs. Advisor @ElectricCapital . Former @aaveaave co. tweets ≠ advice. lawyer ≠ yours. opinions = mine.

Joined March 2019
Don't wanna be here? Send us removal request.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
3 months
1/ Today, @m_mosier_ @katjagilman & I are sharing a paper that begins a conversation around, & proposes a conceptual framework for, how to answer the "illicit finance" policy question as it relates to DeFi. A brief thread below, with links to the full paper + a summary document.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
3 years
I am so sick of hearing the "crypto is for criminals" argument. The argument is antiquated at best, but also shows a staggering lack of intellectual curiosity for the evolution of the financial world.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1/ Some exciting 📰 I’ve joined Polygon Labs, the original dev of @0xPolygon , as its first Chief Policy Officer. I’ll lead our 🌎 efforts in crafting sound laws that will allow the web3 ecosystem to flourish. This presents a unique opportunity to move the industry forward💜
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
11 months
1/👋Introducing The Value Prop - an open database showcasing amazing use cases for blockchain technology. In less than 2 months & w the community’s help, we crowdsourced 300+ blockchain-based apps making a positive impact in the 🌎. Dive in at & read 👇
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@RebeccaRettig1
1 year
Today's news that the SEC "shut down" Kraken's staking as a service in the US is another indication of the planned systematic dismantling of crypto in the U.S. w/o due process, w/o the chance to craft laws addressing the realities of the tech, & w/o regard for retail users. 👇
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
11 months
🚨 Today @0xPolygonLabs submitted a response to the @SECGov 's proposed rulemaking redefining the term "exchange". The new proposed rule isn't only harmful for DeFi -- it threatens the very existence of permissionless blockchain networks in the U.S.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
10 months
1/ 📰 Today, I'll be taking on the Chief Legal Officer role @0xPolygonLabs (+ Chief Policy Officer), as my long time (law) partner & friend - the incredible @0xMarcB - steps into the new CEO role. To say I'm thrilled to work with Marc in this capacity is an understatement.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1/ Thrilled to share @0xPolygonLabs 1st Community Policy Initiative: we’ll be launching an open source Use Case Database, which will be stronger w the ecosystem's input & support. Read more about how to get involved & for a tl;dr see 👇.
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Community Policy Initiative No. 1 at Polygon Labs

So the Polygon Labs Policy Team has started a database collecting various use cases across a number of verticals (and across any and all networks!), and we plan to make it public for anyone to use...

polygon.technology
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 years
Trustless. Transparent. Self-sovereign. Technology. Not even a choice.
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Rebecca Rettig
@RebeccaRettig1
1 year
@lex_node Public responses due May 19, and definitely worth a response:
“Decentralised” or “disintermediated” finance: what regulatory response?

After engaging with numerous players and observers of the "decentralised" or "disintermediated" finance (DeFi) ecosystem, the ACPR has published a discussion paper on possible regulatory approaches...

acpr.banque-france.fr
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1 / Today @0xPolygon Labs is proud to drop its Core Policy Principles – a set of four guideposts that will drive our approach to advocating for sound laws for the web3 ecosystem. More info 👇 Check out our GitHub to collaborate:
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Rebecca Rettig
@RebeccaRettig1
1 year
The regulatory landscape in the US has (unfortunately) been v hostile to #crypto for some time. The Wells Notice to @coinbase (the gold standard) has galvanized the industry to band together. 💪 Many have asked how to get involved/support crypto in the US. See👇for some hows:
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
3 years
Thrilled to share that I’ve joined @AaveAave as General Counsel. Thanks so much to @StaniKulechov @JordanLzG for this amazing opportunity to continue the legal/regulatory work I’ve been doing on #DeFi ... from the inside.
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@RebeccaRettig1
4 months
Those who know me well would describe me as a crypto optimist/realist. TY to @TechCrunch for publishing my reflections on #crypto in 2023 & the challenges we need to take on in 2024 to bring the industry to its full, incredible potential.
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Crypto optimism in the age of the doomer | TechCrunch

In the wake of centralized “crypto-in-name-only” financial collapses, 2023 bore out a recommitment to advancing sustainable decentralized networks.

techcrunch.com
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Rebecca Rettig
@RebeccaRettig1
2 years
Today JPM executed its first live blockchain trade in DeFi & did it using the @AaveAave smart contracts. Probably nothing…
@TyLobban
Ty Lobban
@TyLobban
2 years
WORLD! J.P. Morgan has executed its 1st *LIVE* trade on public blockchain using DeFi, Tokenized Deposits & Verifiable Credentials, part of @MAS_sg Project Guardian 🙌🚀🔥 Many world 1sts here, & since this is public ⛓ here’s a transparent🧵on what we did:
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@RebeccaRettig1
4 months
1/ Yesterday @0xPolygonLabs & @delv_tech jointly responded to FinCEN's proposed rule on "mixers". Thread 👇 cc: @gregoryclisa & @katjagilman (both a dream to work with on this!)
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1 year
1/ The crypto backlash by US policymakers & regulators seems unprecedented. But it's not. A brief look back @ tech we now take for granted - 🚗💡 ☎️ - underscores how important it is for laws not to be written for a single snapshot in time. More 👇 & here:
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Rebecca Rettig
@RebeccaRettig1
2 years
1/ A few "pet peeves" on language used in DeFi that confuses things & makes the legal / regulatory landscape harder 👇(this is by no means comprehensive & not the only problems, but a few things that come up over & over)
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Rebecca Rettig
@RebeccaRettig1
2 years
1/ Celsius is *still not* DeFi. It is centralized, it took control of customer assets & it was run via human, subjective judgment on risk. Other side of the spectrum from how DeFi works and what it is.
@jonsindreu
Jon Sindreu
@jonsindreu
2 years
Heard on the Street: DeFi’s exclusive focus on other crypto projects suggests that their problems run much deeper than a Lehman-style liquidity crisis
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1 year
No. This is untrue/unfounded but an expected narrative: the PR war against #crypto -going on for yrs-will be on overdrive now. Regardless, we will be working w the community & policymakers to build solid rules of the rd for the industry to ensure its cont existence & innovation.
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@RebeccaRettig1
1 year
1/ Yesterday, the White House released the Economic Report of the President - Ch. 8 focuses on "digital assets". Some key takeaways (highlighted 👇) pave the way for a constructive dialogue abt how to craft meaningful reg & build the industry in the US (there's a little hope!).
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Rebecca Rettig
@RebeccaRettig1
1 year
1/ 🚨Today @0xPolygonLabs published an open letter to the EU on Art. 30 of the #DataAct , which could have serious consequences for permissionless smart contracts. @Ledger has joined in proposing amendments to narrow Art. 30 to protect decentralized software development. Read 👇
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Rebecca Rettig
@RebeccaRettig1
8 months
1/ On Friday, @0xPolygonLabs submitted a response to the Q's re taxation of digital assets posed by Chairman @RonWyden & Ranking Member @MikeCrapo of the Senate Finance Cmte. Summary & link to full response 👇
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Rebecca Rettig
@RebeccaRettig1
1 month
DeFi was my 1st true love in crypto. I was fascinated during (& will never forget) my 1st mtg w @haydenzadams yrs ago in a warehouse in BK w his vision to build permissionless software for users to make fin’l decisions/txs. This is innovation. And it’s worth fighting for. 💪🏼🦄🩷
@haydenzadams
hayden.eth 🦄
@haydenzadams
1 month
Today @Uniswap Labs received a Wells notice from the SEC. I’m not surprised. Just annoyed, disappointed, and ready to fight. I am confident that the products we offer are legal and that our work is on the right side of history. But it’s been clear for a while that rather than…
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1 year
Just going to leave this right here 🤔
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Supreme Court to Reconsider Precedent Giving Federal Agencies Benefit of Doubt

The 1984 ruling, known as the “Chevron deference,” directs courts to defer to a federal agency’s legal approach when Congress has left the statutory language ambiguous, which some conservatives have...

www.wsj.com
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1/ 🌎Those of us engaging on the crypto policy front around the globe are engaging as regulators in the UK, EU, Japan, UAE & other countries create strong regulatory guardrails for the ecosystem. 🇺🇸What's at stake in the US? At a *minimum*, 1M tech jobs & 3M non-tech jobs.
@coinbase
Coinbase 🛡️
@coinbase
1 year
1 million tech jobs are at risk of going overseas. As the U.S. goes down a path of regulatory uncertainty, the EU, UK, UAE, Hong Kong, Singapore, Australia, and Japan are all creating environments for crypto to flourish so that they can capitalize on the next wave of innovation.
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Rebecca Rettig
@RebeccaRettig1
9 months
TFW you're a crypto GC & *this* is the tweet from your founder that shows up in a federal district court opinion 🙌🦄 cc: @ammori @haydenzadams 💗
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Rebecca Rettig
@RebeccaRettig1
2 years
DeFi is different. It is going to take *a lot* of work & more education to help policymakers & regulators understand how/why defi is different. There are so many of us here to do that work, & we will not be deterred. Defi is different.
@TrustlessState
DavidHoffman.eth/acc🦇🔊
@TrustlessState
2 years
The sad part: This weeks events proved 'why we need DeFi' But the DeFi brand has lost meaning - Luna - Sesta - Cronje - Farming Old-school DeFi is the bright shining star keeping me going - Uniswap - DAI, RAI - Aave - Gnosis But we don't even have a name for it David sad
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Rebecca Rettig
@RebeccaRettig1
7 months
1/ With all the noise around crypto rn, it was an incredibly 🌟bright🌟 spot for @0xPolygonLabs to co-host the Inaugural Crypto Policy Bootcamp w @SolanaFndn (🙏 @amiravalliani for the collab!) in DC:
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Rebecca Rettig
@RebeccaRettig1
1 year
Enjoyed speaking with @BloombergTV today about whether / how the US can achieve regulatory clarity on #crypto & why laws written in the 1930s (US securities laws!) couldn’t contemplate the blockchain-based decentralized financial systems that have emerged over recent years.
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@0xPolygon
Polygon | Aggregated
@0xPolygon
1 year
. @RebeccaRettig1 discusses why securities laws written in the 1930s ( 😳 ) need to be re-examined with today's technological advances and benefits in mind 🧠 @BloombergTV (For those in a rush skip to 12:52 😏)
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Rebecca Rettig
@RebeccaRettig1
8 months
1/ An incredibly thoughtful, detailed analysis of FinCen's 2019 Guidance in the context of the DOJ's indictment against the Tornado Cash developers re money transmission from @cravath . Evinces a deep understanding of the tech underpinning DeFi. #BasedCravath
@Cravath
Cravath
@Cravath
8 months
. @TheAcademyBrass publishes a working paper written by Cravath lawyers which examines FinCEN’s 2019 guidance on money transmitters in the context of the Tornado Cash Indictment
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Rebecca Rettig
@RebeccaRettig1
2 years
Thanks for having us @AndoniOlta . @avalancheavax #summit was truly next level! 🔺🚀
@AndoniOlta
Olta Andoni, Esq. 🔺
@AndoniOlta
2 years
We rocked our panel and dropped some knowledge! More women in #crypto please @RebeccaRettig1 Jannah Patchay @digitalpoundfdn @TeanaTaylor #avalanchesummit2022
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Rebecca Rettig
@RebeccaRettig1
2 years
Let's start a little DeFi 101 as we go into an intense time of explaining DeFi in DC (& UK, EU, etc). DeFi is *non-custodial*. A co. that takes custody is *not* DeFi. More lessons coming up. Drop any Qs you want answered👇 & I'll keep on with these bite sized "lessons".
@jchervinsky
Jake Chervinsky
@jchervinsky
2 years
I foresee spending a lot of time explaining this in DC.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
5 months
1/ 🌟 In 2024, Crypto Bootcamps are coming to a city near you around the 🌍! First up: on Jan.26, @0xPolygonLabs is joining forces (again!) w @SolanaFndn & @fund_defi for a bootcamp in NYC 🏙️And you’re invited to join us!
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Rebecca Rettig
@RebeccaRettig1
10 months
@mdudas What I find hilarious & ironic (or blithely unaware) is that the crypto skeptics who say this is all a scam to make money & get famous haven’t ignored the industry (what you do when you hate smthg) but instead have used their skepticism to … make money & try to get famous. 🧐🤔
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Rebecca Rettig
@RebeccaRettig1
3 months
🇪🇺You've heard the term "MiCA" as code for "EU = good for crypto": What does that *really* mean & is it true? Find out at the *first* EU Crypto Policy Bootcamp in Paris 🇫🇷, hosted @ the @Ledger office! EU'ers - make your voice heard! Apply here to join:
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Rebecca Rettig
@RebeccaRettig1
1 year
1/ 🇬🇧 @0xPolygonLabs submitted its response to @hmtreasury 's Consultation & Call for Evidence on #cryptoassets . Just in time for my trip to the UK next week to meet w policymakers & regulators to continue to building laws for crypto. Tl;dr below & link to full response in 2/.
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Rebecca Rettig
@RebeccaRettig1
3 years
The “dip” (if we can even call it that) was just a test to weed out the true believers.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
9 months
1/ 📣Exciting news! The Value Prop has taken its 1st step in “putting a face” on some amazing work in the blockchain ecosystem with #testimonials feat. the builders & devs creating apps showing the value of this tech. Find the first 3 videos @
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Rebecca Rettig
@RebeccaRettig1
1 year
1/ The community has responded to the @PolygonLabs bat signal for #usecases - grateful for the contributions to date. Keep on sending (form below)! We've received countless requests for the database release date (incl from regulators & policymakers around the 🌎). Coming soon! 👀
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Rebecca Rettig
@RebeccaRettig1
2 years
DeFi 101 #3 : *true* DeFi is "permissionless" - there is no middleman in any DeFi transaction. Users make choices about their own economic transaction & interact directly with the software application to make it happen.
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Rebecca Rettig
@RebeccaRettig1
2 months
🇪🇺🤍First EU Crypto Policy Bootcamp is off & running!! Many thanks to @Ledger for hosting in an amazing location (🥖,🍷) & grateful that @0xPolygon Labs had the opportunity to collab w @SolanaFndn @NEARFoundation & @fund_defi to bring tools for advocacy to the EU!
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Rebecca Rettig
@RebeccaRettig1
1 year
🧵Saying it again: DeFi is different. 1) Distinguish btw truly decentralized tech ( #DeFi ) & trad fin'l intermediaries w a biz based on cryptoassets. 2) Stop calling it *all* "crypto: unfairly classifies the paradigm-changing tech w the same tired biz model from TradFi.
@zerohedge
zerohedge
@zerohedge
1 year
JPMorgan: "while the news of the collapse of FTX is empowering crypto skeptics, we would point out that all of the recent collapses in the crypto ecosystem have been from centralized players and not from decentralized protocols."
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4 months
I'm frequently asked by regulators/policymakers re the intersection of blockchain & AI. Fox Corp built & launched a *real life* example: #Verify , an open source protocol for *any* media company to register & authenticate content. On @0xPolygon PoS. 89K+ pieces registered so far.
@0xPolygon
Polygon | Aggregated
@0xPolygon
4 months
With the rise of AI tools and AI-generated media, distinguishing truth from lies is difficult. Proving provenance and authenticity of any given piece of content is now more important than ever. That’s where Verify, by Fox Corporation (built on Polygon PoS), comes in. The public…
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Rebecca Rettig
@RebeccaRettig1
4 months
1/ I know I called 2023 the "Year of the Use Case". @0xPolygonLabs is doubling down on this in 2024. You - the community - were integral to making The Value Prop wildly successful. We want to hear from 🫵again! Read 👇 for more info on how you+your fave use case can be featured
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Rebecca Rettig
@RebeccaRettig1
3 years
I shared an OpEd with @CoinDesk summarizing my presentation to #FATF , in which I argue that FATF's updated guidance will hinder growth of the #DeFi ecosystem and, critically, why the guidance does not meet the technical reality of the software.
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DeFi Is Not TradFi: Why FATF's Guidance Would Stifle Growth

FATF may have DeFi in its sights, but Aave general counsel Rebecca Rettig is keeping watch on the watchdog.

www.coindesk.com
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
One port in the storm: para 39 distinguishes staking as a service from "staking . . . on your own". This is a critical distinction, indicating that regulators are starting to distinguish between decentralized, native crypto activity & centralized activity that resembles TradFi.
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Rebecca Rettig
@RebeccaRettig1
9 months
1/ 🎉A very meaningful day in the evolution of The Value Prop: @0xPolygonLabs is proud to announce a collab w @CeloOrg to provide #testimonials from Celo ecosystem founders on the positive impact their blockchain based projects make in the world. 💜🤝💛
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Rebecca Rettig
@RebeccaRettig1
10 months
Was thrilled to chat with @business yesterday about non-financial use cases for blockchain apps, how they're highlighted on The Value Prop () & how they continue being built in all areas of the econ - brands, social media & gov't.
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TheValueProp

The fundamental value proposition for blockchains. Through use cases, across networks, and around the world.

thevalueprop.io
@0xPolygon
Polygon | Aggregated
@0xPolygon
10 months
Chief Legal & Policy Officer @RebeccaRettig1 on @business discussing blockchain use cases. Expanding beyond financial uses cases to include all ways we use internet… including social media, consumer royalty and even the local DMV.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
In the US, we need a *real* framework enacted by Congress by which crypto cos can abide. As Comm'r @HesterPeirce put it: "Using enforcement actions to tell people what the law is in an emerging industry is not an efficient or fair way of regulating."
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Rebecca Rettig
@RebeccaRettig1
1 year
1/ This morning's Senate Banking Comm hearing on the "crypto crash" is going to be & feel v v different than yesterday's HFSC hearing where crypto had some strong allies (ty @RepTomEmmer - decentralization *is* the point!).
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Rebecca Rettig
@RebeccaRettig1
3 months
1/ When it 🌧️ it pours (sorry CA). Crypto Bootcamps are going international! @0xPolygon Labs @SolanaFndn @fund_defi & @NEARFoundation will host 2 bootcamps abroad – Paris on Mar 15 & London on Mar 18 (to coincide with @blockworksDAS ). And you're invited!
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Rebecca Rettig
@RebeccaRettig1
1 year
And if I needed any confirmation about taking this new policy gig at @0xPolygon Labs (I didn't 💜🎉), today's news on Kraken, other pending investigations & potential regulatory "crackdowns" reified that all of our work creating sound laws for crypto is more important than ever.
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Rebecca Rettig
@RebeccaRettig1
2 years
1/ Brief overview of the EU's #MiCA reg that passed Thurs evening. Applaud the effort to provide #clarity in the #crypto space - something we have been requesting for years. But more work to be done. Luckily, there is time to implement the technical text.
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Rebecca Rettig
@RebeccaRettig1
1 year
1/ While much of the crypto world was focused this week on the US reg crackdown on the industry (me incl!), other jurisdictions were testing some of the novel innovation brought by #web3 . Ex: Japan contemplated organizing its population via DAOs:
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Japan contemplates the distant future (and regaining its tech mantle)
www.politico.com
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Rebecca Rettig
@RebeccaRettig1
11 months
Was an honor to watch @fwiz rep the #web3 industry before the @HouseCommerce #innovation #data #commerce subcommittee. 👏🏼👏🏼👏🏼 “Blockchains inherently democratize the Internet … instead of extracting value from users and consumers, web3 creates a value layer for the Internet”
@Fwiz
Ryan Wyatt
@Fwiz
11 months
Today, I had the privilege of testifying at the Innovation, Data & Commerce subcommittee at a Congressional hearing focused on educating lawmakers on why this tech is important to all of us, and how it changes the value paradigm of the Internet. We are in this together.
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1 year
1/ We always knew there would be something astronomically more difficult than any of the bears we have seen before, but I’m not sure anyone fathomed this tsunami. Although it’s a rollercoaster every day, our mission could not be more clear: back to basics. #trustless #technology
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Rebecca Rettig
@RebeccaRettig1
1 year
Even if you believe the contract for Kraken's staking service was an inv contract (& the answer is "it depends" based on the terms of service, how the staking is done, etc.), to have absolutely no path to registration harms everyone involved (incl retail users).
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
5 months
This effort is so important: there is a recognition that crypto is "here to stay", but this shows that crypto is a critical part of the future. Immense thanks to those who are engaged in the effort. It does take a village.
Crypto and Blockchain Leaders Amass $78 Million for Fairshake Super PAC and its Affiliates to...

/PRNewswire/ -- Fairshake, a federal super PAC registered with the Federal Election Commission ("FEC"), and its network of affiliated super PACs today...

www.prnewswire.com
@cdixon
cdixon.eth
@cdixon
5 months
Last week, @bhorowitz posted about how @a16z will become more active in supporting pro-technology candidates across the country. Aligned with that strategy, today we announced our contribution to the Fairshake PAC, which will work to elect leaders who champion thoughtful crypto…
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 years
1/ Spoke to @TheEconomist during @EthCCweek about the EU’s recent #MiCA regulation for crypto. I also spoke at #EthCC about the state of regulation for #DeFi across the globe. Link in 2/ below. Link to podcast 👇🏼
@TheEconomist
The Economist
@TheEconomist
2 years
The EU has already passed “a very comprehensive piece of regulation” in a bid to control the crypto industry, says @RebeccaRettig1 . This week’s “Money Talks” podcast considers whether it’s the right approach
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Rebecca Rettig
@RebeccaRettig1
9 months
1/ "Amicus curaie" literally means "friend of the court". The @fund_defi amicus in SEC v. CB case truly meets this definition--it explains to the court, with technical specificity, how wallets & staking work.
@fund_defi
DeFi Education Fund
@fund_defi
9 months
🚨🚨🚨 This evening, we filed an amicus brief in SEC v. Coinbase in which we discuss Coinbase Wallet and Staking Program... 🧵
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 month
*So* proud to be on BoD of @fund_defi , which just put in a proposal to @Uniswap gov for addt'l funding. Tweet from @haydenzadams is a fraction of what DEF has accomplished to date. Vote *yes* to continuing to protect open source decentralized permissionless DeFi tech.
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@millercwl
Miller
@millercwl
1 month
Since our founding in 2021, @fund_defi has advocated and fought for DeFi in legislative discussions, regulatory debates, and in the courts. We are eager to do so much more and appreciate your consideration:
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
✌🏼🇬🇧 Always an incredible experience in the UK. Excellent & constructive discussions w policymakers as usual. Thanks to @FT for having me @ its Digital Asset conf. Tl;dr from me: we’re way past discussions on “value” for #web3 ; the industry is here to stay so let’s get reg right.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
While notice & disclosure from co.s offering crypto services is an easy regulatory hurdle to leap, (1) Kraken did have pretty comprehensive terms of use (acc to the complaint) but (2) the SEC *used them against them*. Staking is not new & the SEC has been aware for years.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
The new @ElectricCapital Developer Report is a *must read* to understand how important it is to have good laws/policy for blockchain based tech. Failure to keep emerging tech in the US long-term hurts the economy. Some key takeaways from the report (but read the whole thing) 👇🏼
@MariaShen
maria
@MariaShen
1 year
The U.S. has lost its lead in blockchain developers & has gone from 40% to 29% market share of open source devs. We analyzed 200+ million code commits & 11k+ developer profiles to capture geography data. Full analysis here: Let's break it down 👇🏽
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
3 months
🇬🇧Coming to @blockworksDAS in #London ? Want to learn more about the state of #crypto policy & how to engage w UK regulators & policymakers? Kickoff the week @ Crypto Policy Bootcamp (you can still make it to the conference)! Apply here to join:
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 months
If only there was a way to allow ppl to transact & interact on the web w/o requiring them to turn over their "most personal & sensitive information" to large co.s who sell & resell it . . . Kudos for the focus on this important issue. #web3fixesthis 😉
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FACT SHEET: President Biden Issues Executive Order to Protect Americans’ Sensitive Personal Data |...

Today, President Biden will issue an Executive Order to protect Americans’ sensitive personal data from exploitation by countries of concern. The Executive Order, which marks the most significant...

www.whitehouse.gov
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1/ 🇫🇷Polygon Labs submitted its response to the #DeFi Discussion Paper from the Fintech-Innovation Hub of ACPR, div of @banquedefrance . We appreciate this collaborative approach to regulation in a novel & emerging tech system. Link to full response in 2/ & summary of response 👇
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
10 months
1/ Closing out an already historic week in the House (TY @PatrickMcHenry & @CongressmanGT !), the Chair & Ranking Mem of @HouseCommerce inquired of Apple re its App Store policies & their impact on emerging tech like blockchain & NFTs. Read 👇🏼
@RepGusBilirakis
Gus Bilirakis
@RepGusBilirakis
10 months
Today, I sent a bipartisan letter to @Apple regarding iOS App Store policies and their impact on emerging technologies like blockchains and NFTs. Congress must understand if Apple's policies are limiting innovation and American technological leadership. Full letter below:
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
3 years
Many in the crypto space have been working tirelessly (incl late nights / weekends / etc.) to obtain the best result possible on the proposed "broker" language in the infrastructure bill -- and we are not stopping. Follow @BlockchainAssn @coincenter and @jerrybrito for updates.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
4 months
2nd Crypto Policy Bootcamp (this time in NYC) is underway. Just as 🔥 as last time. Amazing group of attendees, incredible speakers & grateful to @SolanaFndn / @amiravalliani for hosting + collab along w @fund_defi ! Look for more bootcamps coming in other locations this year!
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
5 months
1/ 🌟 In 2024, Crypto Bootcamps are coming to a city near you around the 🌍! First up: on Jan.26, @0xPolygonLabs is joining forces (again!) w @SolanaFndn & @fund_defi for a bootcamp in NYC 🏙️And you’re invited to join us!
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
2/ The report states multiple times (!!) that "crypto-assets appear to be here to stay". This is *the* critical acknowledgement: it means the industry can continue to innovate, to build the ecosystem robustly & safely. It’s not just about survival anymore.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1/ 🇬🇧On Thurs, the UK gov't issued a white paper on regulating AI. The title? "A pro-innovation approach to AI regulation." *Pro*-innovation. Contrast that w some US policymakers' positions on various types of emerging & novel tech, incl #crypto .
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1/ If you’re building something amazing & useful rn, drop a note 👇🏼 (or to @jchervinsky ’s tweet) to tell us all about it. 2023: Year of the Use Case. Ready to see what’s out there in all areas of #web3 — education, sustainability, gaming, social, defi, etc.
@jchervinsky
Jake Chervinsky
@jchervinsky
1 year
There are so many amazing things getting built in crypto right now, but everyone's too obsessed with district court orders on motions to dismiss in fringe securities disputes to notice. Late stage bear market things?
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
Take a read of the White House RFI submitted by @0xPolygon Labs. We want to hear from the community & look forward to continued engagement w you & policymakers on the great use cases being built in the #web3 ecosystem that can ensure the US stays a leader in tech & innovation.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 years
1/ The EU has not even passed MiCA 1.0 (& it's unlikely to be done under ECB Pressure Lagarde), but they are ringing alarm bells on DeFi, calling for MiCA 2.0, w/o recognizing that centralized actors (to be covered by M1.0) require significant guardrails to assess risk properly.
@paddi_hansen
Patrick Hansen
@paddi_hansen
2 years
ECB president Lagarde yesterday in front of the EU Parliament: "Crypto assets & DeFi have the potential to pose real risk to financial stability" She also called for a MiCA 2.0 regulation that covers staking & lending, DeFi & assets without an identifiable issuer.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 years
Even OFAC’s sanctions were not premised on the idea that TC’s “**sole purpose**” was to “conceal financial transactions”. This appears to be a wildly broad overreach of the facts by the Netherlands authorities. Thx to @fund_defi for cont to dig & making this all public.
@fund_defi
DeFi Education Fund
@fund_defi
2 years
🚨 New info from the Netherlands agency that arrested tornado cash developer Alexey Pertsev We wanted to get this *troubling* statement from the FOID out there (which raises more questions than it answers) while we're chasing down more info + assessing next steps h/t @sccanavos
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Rebecca Rettig
@RebeccaRettig1
1 year
Peak vibes in #Tokyo at something crypto related but not @ETHGlobal #Tokyo .
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1/ This article ("DeFi v regulators") is a perfect example of the immense work we have to do to educate on #crypto / #web3 . This article does not discuss DeFi or how regulators are approaching it. What does this mean & what can we do?
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DeFi vs. the regulators, by the numbers
www.politico.com
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
4/ This role is for the entire web3 community. We will advocate for base layer protection, but also for every aspect of the builder ecosystem – DeFi, NFTs, web3 gaming, & innovative apps growing the web3 world. Decentralization is the whole point, & must be protected.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
10 months
Honored to attend today’s mtg of the @CFTC ’s GMAC (overseen by @CFTCpham ) as a member of the Digital Assets subcommittee. The Fearless Girl (👇🏼) outside the @NYSE (meeting locale) serves as an inspiration as we bring our global financial markets further into the digital world.
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Rebecca Rettig
@RebeccaRettig1
3 months
4/ We also explain what DeFi really is & is not, as well as the sources of illicit finance risk in DeFi which are very different than in traditional finance--cyber risk, system management risk & usage risk. (Sec II.) h/t @jarrodWattsDev for the DeFi graphic (incl in the paper)
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Rebecca Rettig
@RebeccaRettig1
1 year
1/ The clickbait article from this a.m. re @CFTCbehnam saying #CFTC will regulate #DeFi isn't the full story. #OddLots w the Chair is a *must* listen--his view is v different than what we've been hearing from other regulators. Highlights 👇 (not quotes)
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CFTC Chair Rostin Behnam on the Fight to Regulate Crypto

Listen to this episode from Odd Lots on Spotify. We're still in the middle of a "crypto winter" with the price of coins well off their highs from back in 2021. But debates over how to regulate them...

open.spotify.com
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 years
I am not sure I have ever read, seen, or heard such constant misinformation at every level from so many different sources as I have over the last 8 days. Be careful out there - make sure you verify before you retweet, repeat or publish.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
3 months
2/ Full paper here: Summary doc (2 pages!) here:
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
At @0xPolygon Labs, we are committed to building a strong policy roadmap for #web3 -enabled tech around the 🌎, incl in the US (a long time innovation hub). A positive, constructive relationship w lawmakers is needed now more than ever. We are engaging so we can all keep building.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
Are US regulators finding backdoor paths to shutting down the crypto industry while many policymakers are crafting regulation that both protects users & financial stability while also allowing for responsible innovation? W Operation Choke Hold in full view, the answer is "yes".
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
11/ The next few years will determine the fate of web3. They won’t be easy, but we aren’t going anywhere. No paradigm-shifting tech has seamlessly changed the world. I’ve rolled up my sleeves, contemplated drinking coffee & I am, as I have been for years, here for the mission.💪
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 months
🇬🇧 Now the inaugural UK Crypto Policy Bootcamp - another collab among @0xPolygon Labs @SolanaFndn @NEARFoundation & @fund_defi ! Immense opportunity to engage w policymakers & regulators here who are open & interested in allowing for innovation while creating robust/safe markets.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
3 months
It was a pleasure as always speaking with @laurashin on @Unchained_pod . But doing it *with* @m_mosier_ about our recent paper on combating illicit finance in #DeFi was absolutely 🤯!! Thanks for having us! Link to the paper (w @katjagilman ) + 2 pg summary 👇🏼
@laurashin
Laura Shin
@laurashin
3 months
. @RebeccaRettig1 and @m_mosier_ , co-authors of a paper on fighting illicit finance in DeFi, discuss ⚠️ DeFi’s principal risks 🪪 Focusing on high-risk wallets 🌪️ How Tornado Cash could be regulated but not sanctioned
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 years
Many lawyers ask how to get a start in crypto. There are myriad paths & no “right way”, as I discussed w the inimitable @jchervinsky & @SHodyEsq , led by @JacobRobinsonJD . The takeaways: Be authentic & find your passion in the law. Take a listen 👇🏼 & then come join the revolution!
@JacobRobinsonJD
Jacob Robinson
@JacobRobinsonJD
2 years
When deciding to build a legal career in crypto, we ask: How does one become a crypto lawyer? Thankfully, @jchervinsky , @RebeccaRettig1 and @SHodyEsq , an incredible and generous group, spent over an hour answering that question with me 👇
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Rebecca Rettig
@RebeccaRettig1
11 months
1/ I've been saying for years: there's a diff btw "true" DeFi (& I've been "accused" of being a "DeFi purist" - guilty as charged), which requires a diff way to implement laws, & a centralized entity/group using smart contracts to provide fin'l services - which is just CeFi.
@lex_node
_gabrielShapir0
@lex_node
11 months
in law/policy debates, what I really struggle with these days is justifying special (lighter) rules/regs for DeFi/smart contracts when the best narratives have been eroded by years of teams, communities and users not caring about trust minimization and at times willfully…
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Rebecca Rettig
@RebeccaRettig1
3 months
16/ We are grateful for the contributions of those reviewing/speaking to us about the ideas in this paper: @millercwl , @JaiMassari , Ken Blanco, @jai_ramaswamy , @gregoryclisa , @MicheleKorver , @0xMarcB , @0xYager , @davidesilverman , @RSSH273 , @lex_node , @SH_Brennan & @BillHughesDC .
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
11 months
2/ 🔒Blockchain tech shifts the way society is able to transact & interact on the web - more efficiently, w enhanced privacy & greater control over our data. This is an evolution of the Internet which reaches beyond the well known uses for blockchains.
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Introducing The Value Prop: The Open Database of Blockchain Use Cases

The Value Prop is a crowd-sourced and entirely open database being launched by Polygon Labs alongside the community to showcase the diverse and unique use cases that demonstrates the positive impact...

polygon.technology
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
2/ The end of 2022 was rough for crypto. I did some soul searching about the industry & how to build a future I believe in. I kept coming back to the same idea: the most important thing right now is getting crypto policy right.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 years
Thank you to the men who stood up yesterday (& today & always) to support women everywhere. I didn’t see many of you out there raising your voices, but I guess it’s hard to fathom what this means for women when you have your rights & aren’t afraid of losing them - ever.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
@TuongvyLe12 @LilMoonLambo It’s not. The misogyny is astounding. Like worst fraudster in history ruins so many people’s lives but sure let’s focus on a woman’s looks 🙄
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
4 months
As if it couldn’t be any more 🔥 @RepRitchie is here to educate us all and put us through our Bootcamp paces 🫡
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
4 months
2nd Crypto Policy Bootcamp (this time in NYC) is underway. Just as 🔥 as last time. Amazing group of attendees, incredible speakers & grateful to @SolanaFndn / @amiravalliani for hosting + collab along w @fund_defi ! Look for more bootcamps coming in other locations this year!
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
2 years
4/ To that end, I heartily recommend (not legal advice!!) that a dev co and a protocol *not* have the same name so that it's easy to distinguish btw the dev co, the protocol, the DAO, a related token, etc.
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@RebeccaRettig1
Rebecca Rettig
@RebeccaRettig1
1 year
1/ Today's announcement of a joint-committee effort by @FinancialCmte & @HouseAgGOP to create a crypto-asset market bill in the United States is historic: committees w differing jurisdictional reach working collaboratively to build comprehensive #crypto regulation.
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