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Unchained

Why the Consensus After-Party Set Crypto Back: DEX in the City

May 19 · 57 min
0:00-57:51

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KK, Jessi, and Vy Le call out the silence from CoinDesk and industry organizations after the Consensus after-party was held at  E11even. Plus: Clarity’s odds.


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The CLARITY Act cleared the Senate Banking Committee 15-9, but Katherine, Jessi, and Vy Le are not popping champagne. 

KK puts passage odds at 35-40%. Vy Le came down from 90% after only two conditional Democratic votes out of committee. The ethics fight — whether any bill that leaves Trump family crypto holdings intact can get to 60 votes — remains the most credible blocker. 

Meanwhile, WallStreetBets filed an SEC comment letter defending quarterly reporting that inadvertently makes the strongest case yet for why onchain transparency makes periodic disclosure obsolete. And the crew addresses the Consensus conference after-party, held at E11even, which features strippers: not a word from most of the trade organizations that claim to represent the industry.


Hosts:

Timestamps 🏛️ 01:00 KK walks through the six sections of the CLARITY Act 📊 03:18 Odds on passage: KK at 35%, Vy Le below 90% — and the three blockers 🤖 16:35 Jessi on how frontier AI finds DeFi exploits — and programmatic prevention without centralization 🔵23:42: Coinbase: Get 20% off the first year of your Coinbase One annual plan - https://coinbase.com/unchained 📄 25:29 Vy on how the WallStreetBets SEC letter shows the benefits of onchain markets 📈 35:03 the SEC's tokenized-equities innovation exemption could drop soon 🎪 36:42 The Consensus after-party: what happened and why the silence is the story 💪 45:17 The good news: companies and people who are actually showing up

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