# #165 - Key developments in U.S. crypto law & policy with Jonathan Schmalfeld

Page: https://stenobird.com/podcast/law-of-code-4138106/165-key-developments-in-u-s-crypto-law-policy-with-jonathan-schmalfeld
Text version: https://stenobird.com/podcast/law-of-code-4138106/165-key-developments-in-u-s-crypto-law-policy-with-jonathan-schmalfeld.md
Podcast: [Law of Code](https://stenobird.com/podcast/law-of-code-4138106)
Published: 2025-12-15T10:00:00+00:00
Episode link: https://podcasters.spotify.com/pod/show/lawofcode/episodes/165---Key-developments-in-U-S--crypto-law--policy-with-Jonathan-Schmalfeld-e3cbnkm
Audio file: https://anchor.fm/s/5e2873d8/podcast/play/112630870/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2025-11-14%2F414380491-44100-2-d31aeb3e9a7bd.mp3
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JSON: https://stenobird.com/v1/public/podcasts/law-of-code-4138106/episodes/165-key-developments-in-u-s-crypto-law-policy-with-jonathan-schmalfeld
Duration seconds: 2409

## Resource

In this episode, Jonathan Schmalfeld and Jacob Robinson walk through the biggest crypto law and policy developments of the month of November. Jonathan is the Policy Director at The Digital Chamber, where he leads federal and state advocacy on digital asset regulation. Timestamps: ➡️ 1:19 — Senate Agriculture Committee releases market structure draft ➡️ 3:22 — Why DeFi and AML sections remain blank ➡️ 3:52 — Chair Atkins’ speech and push for taxonomy ➡️ 6:32 — Treasury & IRS guidance on staking ETFs ➡️ 10:39 — Uniswap’s fee switch vote and winding down ➡️ 13:53 — Coinbase reincorporates from Delaware to Texas ➡️ 16:19 — MEV exploit trial ends in mistrial ➡️ 23:36 — Samurai Wallet sentencing and liability risks ➡️ 26:55 — DOJ’s Tornado Cash filing and self-custody issues ➡️ 30:29 — Digital Chamber launches State Network ➡️ 33:37 — OCC guidance allowing banks pay gas fees ➡️ 36:50 — What to watch next in GENIUS implementation Sponsor: Day One Law, a boutique corporate law firm founded by Nick Pullman. Nick and his team at Day One provide strategic legal counsel to startups, crypto projects, and Web3 innovators. ⁠You can get in contact with them via this link⁠: ⁠⁠ https://www.dayonelaw.xyz/#contact Disclaimer: This podcast is for informational and educational purposes only and does not constitute legal or investment advice. Views expressed by the guest are their own and do not necessarily reflect those of their employers. Listening to this podcast does not create an attorney-client relationship.

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