SEC Has 'Turned Corner' On Crypto: Hester Peirce
THE SO WHAT
If an outgoing SEC commissioner says the agency has "turned a corner" on crypto, the signal is regulatory normalization rather than crackdown. Builders should expect slower headline risk but tighter, more conventional compliance expectations—treat token projects more like financial products than software launches.
READ THE SOURCE
MORE FROM THE WIRE
Deep & Emerging TechCiti, Coinbase Team Up To Let Merchants Accept Stablecoins
Stablecoins are moving from crypto rails into bank-grade merchant acquiring—Citi giving institutional clients a way to accept them via Coinbase is a distribution unlock, not a tech experiment. If you touch cross-border or high-ticket B2B payments, you now have to assume at least one major counterparty will want stablecoin settlement in 6–18 months.
Deep & Emerging TechSweden tells citizens to be ruder to phone scammers as criminals take advantage of good manners
When a government tells citizens to swear at scammers, it’s admitting behavioral defenses are now part of the security stack. Enterprises should assume social engineering will keep adapting faster than tooling—train for assertive refusal and verification, not just polite scripts.
Deep & Emerging TechCould SpaceX be worth $12 trillion one day? Citi says Starship gets it a step closer.
A $12 trillion upside scenario for SpaceX is less about the exact number and more about capital markets treating Starship as infrastructure, not a launch product. If you’re building in space, comms, or Earth observation, assume more patient capital and more aggressive assumptions about orbital logistics over the next decade.
Deep & Emerging TechBYD says it will have a solid-state car next year, the earliest date anyone has given
If BYD actually ships a solid-state EV a year ahead of Toyota’s 2027–2028 target and well before others’ 2030+ timelines, range, safety, and cost expectations for mid-decade vehicles reset. Auto and fleet operators should start scenario-planning around faster battery performance curves — and the knock-on effects on charging infra, residual values, and competitive positioning.