Got to speak with Wired recently about something that doesn’t get enough attention in crypto: banking. The feature calls it “The Great Crypto Re-Banking,” and that feels exactly right. After years of being boxed out, especially during Operation Chokepoint 2.0, we’re finally seeing movement in the other direction. At Miden, and even back when I was building Morph, some of the biggest headaches weren’t technical. They were the basics: getting a bank account, moving money, knowing who to trust, simple ways to send wires, getting yield when having tens of millions of dollars in the bank. Things that aren’t even a concern in most other industries. Now, under the Trump administration and with new leadership coming into agencies like the SEC, CFTC, and so on, the environment is shifting. With legislation like the GENIUS Act gaining traction, there's real momentum to fix the “boring” stuff that has held this industry back. Big thanks to Joel and Wired for giving me a chance to share what that looks like from the founder’s seat.
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