The Future of Money

How Crypto Compliance Needs to Evolve to Deal with RWAs and Tokenization.

with Vanessa Savino, Chief Legal Officer at tZERO, sharing insights on how tokenization is shifting from early experiments with illiquid assets toward highly liquid instruments like treasuries and equities. How has tZERO shifted its core business model to provide end-to-end "infrastructure as a service" for tokenized securities Why did early tokenization efforts fail to make illiquid assets like real estate liquid, and how did treasuries become the true "killer app"? What are the key structural differences between native on-chain tokens, security entitlements, and synthetic wrappers How are updated SEC guidance and single-license regulatory permissions shaping institutional adoption and compliance How is tZERO expanding beyond securities into CFTC-regulated derivatives, event contracts, and global partnerships?

My PoV on who was behind the Ledger hack in this latest episode of Crypto Capsule Commentary. As well as my PoV on the OCC debanking report and why Sweden is exploring CBDCs once again.

How Will Stablecoins and AI Change Crypto Compliance.

With Keith Vander Leest, US General Manager at BVNK, to discuss crypto payments, stablecoins, AI-driven compliance, and how traditional finance is adapting to blockchain technology. How does BVNK function as a stablecoin payment infrastructure provider? Will tokenized deposits replace stablecoins in global financial flows? Why is market consolidation expected among on-chain digital assets? How is artificial intelligence transforming on-chain transaction monitoring? What compliance complexities do traditional financial institutions face on-chain?

How AI and Stablecoins Are Transforming Risk Management.

With Kevin Carr, Chief Risk and Compliance Officer at Rain, explains where card networks like Visa and Mastercard meet stablecoin settlement, how Rain manages risk on-chain, and how it handles diverging global regulations and AI in compliance without losing human oversight. In this episode, we discuss: How does Rain connect card networks like Visa and Mastercard with stablecoin settlement, and what does that give cardholders? What can you see in a customer's on-chain data that you can't in traditional fiat, and where does that get harder to analyze? How does Rain keep one global compliance standard while adapting to different rules in each country? How is the compliance job changing as it starts to demand crypto data skills? Where does AI help most in investigations, and why do you still need a human in the loop?

How MoneyGram Is Using Stablecoins to Transform Remittances?

With Josh Gordon-Blake of MoneyGram, on how a company with nearly 500,000 retail locations is putting stablecoins to work, and what the future looks like for institutions built on moving money across borders. In this episode, we discuss: • How going private freed MoneyGram to invest on a horizon of decades rather than quarterly results • Why stablecoins already run through the treasury function, replacing billions pre-funded around the world • Why hiring crypto native people onto the dev and treasury side was the move he underestimated the importance of • Why the market does not need 100 or 1,000 different USD backed stablecoins • Why crypto volatility simply does not apply to a company that is not in the trading business • Looking back at Libra, what its mistake was, and whether Meta and others will do what MoneyGram is doing with MG USD

The Untold Story of Silk Road Founder's Arrest.

With Jared Der-Yeghiayan, Director of Investigations at OKX and the former Homeland Security special agent who led the investigation that brought down the Silk Road. In this episode, we discuss: • How one pill in the letter mail opened the Silk Road investigation • Tracing Bitcoin transactions years before blockchain analytics tools existed • What it took to go undercover as a Silk Road administrator • How interagency rivalry almost collapsed the case • Why the defense argument that Silk Road was a victimless crime did not hold • The Ross Ulbricht pardon, and how the lead investigator responded to it • What the case set in motion for crypto compliance and investigations today

How Copper's ClearLoop Wants to Be the Future of Collateral Mobility in Digital Assets.

With Amar Kuchinad, Group CEO of Copper, on how Copper's Clearloop platform can be the future of collateral mobility for digital assets and automate the reconciliation of margin between counterparties. In this episode, we discuss: How Copper ClearLoop pioneered off-exchange custody. The Lehman weekend, when collateral could only move once a day and never on weekends. Why the biggest win in collateral is not faster settlement but the ability to move on weekends. How smart contracts, oracles and API calls automate what once took 200 people reconciling spreadsheets. Why he believes custody has always been the foundation you build higher-margin businesses on, not a commodity. The term "real world assets" that he hates, and why. Why 20% of crypto conversations make no sense while 80% sound exactly like TradFi.

How Will RWAs and Tokenisation Radically Transform Finance?

With Yuval Rooz, co-founder and CEO of Digital Asset, on Canton, tokenized real world assets, and why privacy sits at the core of institutional infrastructure. ​Why RWAs are a bigger opportunity than Bitcoin ​Why the biggest players in crypto today are already institutional players ​How zero-knowledge proofs can radically improve compliance ​Why Canton's biggest competitor is a CTO or CIO who simply will not adopt technology

Rethinking Self Custody, From Seed Phrases to Kidnapping to Inheritance.

With Dmitry Tokarev, Founder of BRON, on why the seed phrase is on its way out and what self custody looks like when institutional-grade security finally reaches everyone. In this episode, we discuss: Why the private key is never assembled in one place, so there is nothing to steal and nothing to keep in cold storage Why security technology follows the same path as GPS, from governments and militaries to institutions to everyone Guardians and approval rules, including requiring sign-off from an accountant or assistant on transactions over a set amount What protects your assets if you are physically threatened or kidnapped The hidden-account feature that lets you pin a balance so it disappears from your own interface Why physical security has quietly become one of the biggest topics in crypto Why no security model can rest on the promise that you will not get hacked, especially against Lazarus and North Korean operations Where DeFi goes next, and why its real value is orchestration and risk management, not just holding assets in smart contracts Why the "boring" problems, like wills and inheritance, are usually the ones that matter most Learn more about BRON https://bit.ly/4wESiO8

Prediction Markets, Insider Trading and Regulatory Oversight with Polymarket General Counsel Neal Kumar.

Prediction markets have gone mainstream. And the regulatory frameworks and compliance considerations are developing very quickly. In this episode, we discuss: Why prediction markets are about information, not always gambling The difference between traders and watchers, and why both matter Whether insider trading should be allowed in prediction markets How blockchain transparency makes market surveillance a shared effort Why sports are a smaller share of the market than most people assume Why event-based markets may attract far more institutional players How regulatory clarity from the CFTC could reshape the sector Why prediction markets may be an antidote to online misinformation How existing derivatives rules can regulate prediction markets What the industry needs to prove to earn long-term staying power Sponsored by ACX Compliance - the largest and most specialized digital assets compliance firm globally. Learn more at www.acxcompliance.com