The crowd perked up in the afternoon for Jesse Powell, CEO of Kraken Exchange, and ShapeShift founder Erik Voorhees – introduced as the “original refugees from the BitLicense.” Attendees booed at the first mentions of that controversial New York State regulation and of the former regulator who crafted it, Benjamin Lawsky. R-rated jokes were made at the expense of former New York attorney general Eric Schneiderman. And the audience laughed and cheered when Voorhees asked why you can’t sell CryptoKitties two miles from the Statue of Liberty. "Follow the damn statue in the harbor," he advised policymakers. Punchlines aside, the entrepreneurs raised serious policy questions related to financial privacy, technological innovation and intra-jurisdictional competition for businesses and jobs. And to be fair, regulators in the U.S. are sensitive to some of these concerns – on an earlier panel, several said they didn’t want to hinder the industry’s growth. Here's what else you missed at Consensus 2018: Check back in tomorrow for our roundup of Day 3 of Consensus and be sure to watch the livestream. |