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The Rollup's Live Interview with Digital > ***- Carbone emphasized the Streamline Act's role in updating stablecoin regulations and addressing outdated KYC rules from 1970.*** Chamber CEO Cody Carbone at SmartCon 2025: Key Crypto Policy Insights

The Rollup's Live Interview with Digital > ***- Carbone emphasized the Streamline Act's role in updating stablecoin regulations and addressing outdated KYC rules from 1970.*** Chamber CEO Cody Carbone at SmartCon 2025: Key Crypto Policy Insights

At SmartCon NYC 2025, the buzz around blockchain innovation was electric, and one highlight was The Rollup podcast's live session with Cody Carbone, CEO of the Chamber of Digital Commerce. This trade association champions the interests of the digital asset industry, advocating for sensible regulations that foster growth without stifling creativity. For those in the meme token space, these discussions are crucial—clearer policies could mean safer launches and broader adoption for community-driven projects.

The Rollup podcast hosts interviewing Cody Carbone at SmartCon 2025

The interview, broadcast live on X (formerly Twitter), dove into the hard-fought battles behind recent crypto legislative wins. Carbone shared the "seven-year grind" that led to breakthroughs in U.S. crypto policy, emphasizing how persistent advocacy has started to pay off in Washington.

The Push for Modern Regulations

One standout topic was the Streamline Act, a proposed bill aimed at updating stablecoin regulations. Stablecoins are digital currencies pegged to stable assets like the U.S. dollar, providing a bridge between traditional finance and crypto. Carbone explained why this act is vital: "Most KYC rules are from the Bank Secrecy Act of 1970. They don't make sense. They're very antiquated." KYC, or Know Your Customer, refers to the processes financial institutions use to verify user identities and prevent fraud.

For meme token enthusiasts, outdated rules like these can create hurdles. Many meme coins thrive on viral, community-led momentum, but unclear regulations often lead to uncertainty about compliance. The Streamline Act could modernize these frameworks, making it easier for innovative projects to operate legally and attract more participants.

Recent Policy Wins and Ongoing Efforts

Carbone also recapped a busy October for crypto policy, including Senate roundtables on market structure and responses to Requests for Information (RFIs) from regulators. These efforts are part of a broader push to create a balanced environment where digital assets can flourish. He highlighted how the Digital Chamber has been at the forefront, amplifying member voices to influence real change.

In the context of meme tokens, these developments are game-changers. Meme coins often start as fun, speculative assets but can evolve into serious ecosystems. Better market structure could mean improved liquidity and protections, reducing the risks of rug pulls or manipulative practices that plague the space.

Implications for Blockchain Practitioners and Meme Tokens

As blockchain practitioners, staying informed on these policy shifts is key to enhancing your strategies. For instance, if stablecoin regs get streamlined, it could boost cross-chain interactions, benefiting meme tokens built on layers like Ethereum or Solana. Communities could leverage stablecoins for fair launches or treasury management, adding stability to otherwise volatile assets.

Carbone's insights underscore a shifting tide: crypto is moving from the fringes to the mainstream, with policy catching up. For meme token creators and holders, this means opportunities to innovate without constant regulatory fear. Keep an eye on bills like the Streamline Act—they could redefine how we build and trade in the meme economy.

If you're diving into meme tokens, resources like the Digital Chamber's policy updates offer valuable guidance. And for more on events like SmartCon, check out Chainlink's official site.

This interview is a reminder that behind the memes and moonshots, solid policy work is building the foundation for sustainable growth in blockchain.

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