Stefan Schropp

@SPSchropp

Sr. Reg. Counsel @Paradigm. Posting tech law & policy, baseball, and dogs. Former @RopesGray, @UNC_Law, & @YaleBaseball. Opinions somebody’s.

Washington, DC

Joined January 2012

Replies Reposts Media

Stefan Schropp
@SPSchropp
Aug 29
Plenty of BREAKING posts for PM cases now, particularly on a decision like yesterday's, so I sat with the 9th Cir. decision overnight. Lots to complain about (or celebrate, ymmv), but two SCOTUS-related takes I haven't seen yet: 1) The opinion has a shelf life of ~2 months. 2)
Stefan Schropp
@SPSchropp
Aug 29
I’ll have more on this in the morning, but @mollyisonchain is exactly right. If you want to read the text, do that. If you want to legislate from the bench, do that. But don’t do B while telling me it’s A.
Molly Abraham
@mollyisonchain
Aug 28
Using words not in the statute to limit Congress's meaning of swap - strong disagree. "Based on its plain wording" the CEA "preempts state regulation of swaps that are 'traded or executed' on a DCM" - strong agree.
Stefan Schropp
@SPSchropp
Aug 27
CoinDesk
@CoinDesk
Aug 26
NEW: 39 U.S. state banking associations launch the BankChain Alliance, an industry-owned blockchain network targeting tokenized deposits, stablecoins and smart payments.
Stefan Schropp
@SPSchropp
Aug 21
Just caught up on today’s CFTC meeting. Two takeaways for me: (1) @luanalopeslara is a force (evergreen, but worth a reminder). (2) As she said, nascent markets create nascent issues. We can write new rules or others can write them for us. I’ll take the former.
Stefan Schropp
@SPSchropp
Aug 18
Fully agree, and I’ll take “30 years” as the outside date and “most small to medium” as the floor. Austin says it in the thread, but this will be gradual then all at once, and I don’t think the gradual phase is 3 decades.
Austin Campbell
@austincampbell
Aug 18
In 30 years, stablecoins will have destroyed most small to medium sized currencies.