# New SEC Crypto Proposal Could Finally Fix Tokens Page: https://stenobird.com/podcast/empire-1487353/new-sec-crypto-proposal-could-finally-fix-tokens Text version: https://stenobird.com/podcast/empire-1487353/new-sec-crypto-proposal-could-finally-fix-tokens.md Podcast: [Empire](https://stenobird.com/podcast/empire-1487353) Published: 2026-08-20T10:00:00+00:00 Episode link: https://chrt.fm/track/713ACD/traffic.megaphone.fm/BWG6658325775.mp3 Audio file: https://chrt.fm/track/713ACD/traffic.megaphone.fm/BWG6658325775.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/empire-1487353/episodes/new-sec-crypto-proposal-could-finally-fix-tokens Duration seconds: 3328 ## Resource Can new regulations finally fix the broken token market? This week, we debate whether the SEC’s new crypto framework meaningfully changes token design, capital formation, and investor protections. We dig into token cash flows, Hyperliquid’s institutional moment, if CLARITY is actually dead, regulatory first movers, and whether founders should ignore their VCs. Enjoy! TIMESTAMPS: 00:00 Intro 00:28 Jackson Hole & SALT Symposium 04:16 Can Regulation Revive Crypto? 16:23 The Four-Year Cycle & Is It Time To Nibble? 18:23 Hyperliquid’s Institutional Moment 25:22 Who Loses From Regulatory Clarity? 32:48 Which Projects Go First? 39:10 Token Transparency Hits Bloomberg 42:13 Travis Kalanick & Peak Founder Mode 51:01 Content Of The Week FOLLOW THE SHOW › Empire – https://x.com/theempirepod › Jason – https://x.com/jasonyanowitz › Santi – https://x.com/santiagoroel › Rob – https://x.com/HadickM › Telegram – https://t.me/+CaCYvTOB4Eg1OWJh › Blockworks – https://x.com/Blockworks EVENTS › Join us at Digital Asset Summit 2026 Asia October 7th & Digital Asset 2026 London November 10-11th https://blockworks.com/events DISCLAIMER Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only. Any views expressed are opinions, not financial advice. Hosts and guests may hold positions in the companies, funds, or projects discussed. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/empire-1487353/episodes/new-sec-crypto-proposal-could-finally-fix-tokens/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/empire-1487353/new-sec-crypto-proposal-could-finally-fix-tokens.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.