Layer One

In episode five of Layer One, The Block's Kelvin Sparks and Hypha Founder Steven Gates were joined by Ava Labs General Counsel Lee Schneider and Plume General Counsel Salman Benaei, to discuss how the Senate bill turns crypto's legal foundation from sand to stone, and what that means for the next generation of builders.

OUTLINE

00:00 - Introduction

01:28 - Salman's Path: CFTC to Crypto

05:52 - Lee on Token Sales & Legal Structures

08:17 - RWA Rights & Disclosures

12:26 - What Buyers Should Care About

15:15 - Pre-IPO Tokenized Shares

18:49 - The Governance Token Question

22:03 - The Decentralization Test Debate

28:13 - What Clarity Means for Builders

36:41 - TradFi's Crypto Play

44:31 - Open vs Closed Networks

51:20 - Outro

Host/Guest links:

Salman Banaei - https://x.com/banamlas

Lee Schneider - https://x.com/leelaughs5x

Steven Gates - ⁠⁠twitter.com/stvngts⁠⁠

Kelvin Sparks - ⁠⁠twitter.com/imyoungsparks⁠⁠

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Show Notes

OUTLINE