Jai Massari (@JaiMassari) / X

Jai Massari

83 posts

Jai Massari

@JaiMassari

Cofounder & CLO, Lightspark

Joined September 2021

Following

1,279

Followers

Jai Massari
@JaiMassari
Jun 1, 2024
Crypto policy is complex. But the SAB 121 veto is impossible to square with an agenda that is pro-consumer protection, pro-innovation, or pro-competition. SAB 121 treats digital asset custody by large, regulated financial institutions punitively and differently from that of
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Jai Massari
@JaiMassari
Dec 7, 2022
Cryptoassets as securities is a fraught topic. The SEC’s decentralization-and-morph approach was a deft move in 2018. But it hasn’t aged well. A new paper by @DLxLawLLP explains in detail why it is not consistent with caselaw. I explain TL;DR here:
corpgov.law.harvard.edu
Why Cryptoassets Are Not Securities
FTX’s collapse reiterates the need for comprehensive U.S. regulation of crypto markets. This regulation must have a solid legal foundation, a key pillar of which is a workable framework to distingu...
Jai Massari
@JaiMassari
Apr 30, 2024
Lightning is live on @coinbase! @lightspark is proud to bring the #Bitcoin Lightning Network to Coinbase, an exciting step toward modern, open, and instant payments. Try it in your Coinbase account and find out more here: coinbase.com/blog/coinbase-…
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Jai Massari
@JaiMassari
Jun 25, 2024
Lightspark + Nubank! @nubank has selected @lightspark to bring the Bitcoin Lightning Network and Universal Money Addresses to its platform and customers. We are beyond thrilled to be working with the amazing team at Nubank. More soon! lightspark.com/news/nubank-an…
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Jai Massari
@JaiMassari
Nov 30, 2024
Sunlight ☀️on the demise of Libra shows a deeply discomforting approach to financial services regulation in the United States. @davidmarcus is right. Many of us cannot report what we saw and experienced—in my case for lawyerly reasons. I can say that there were many
David Marcus
@davidmarcus
Nov 30, 2024
How Libra Was Killed. I never shared this publicly before, but since @pmarca opened the floodgates on @joerogan’s pod, it feels appropriate to shed more light on this. As a reminder, Libra (then Diem) was an advanced, high-performance, payments-centric blockchain paired with a
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Jai Massari
@JaiMassari
Sep 4, 2024
1) Both US presidential campaigns are now accepting crypto contributions. This is good progress. Yet it remains unclear how either candidate would approach crypto policy in a way that prioritizes builders over speculators.
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Jai Massari
@JaiMassari
Jan 11, 2024
This week's BTC ETF approvals are a remarkable accomplishment.* They were made possible only by principled, patient, and extremely creative lawyering. Many deserve credit, but no one more than Joe Hall and Zach Zweihorn @DavisPolk and their clients @Sonnenshein and @CraigSalm
8.1K
Jai Massari
@JaiMassari
Aug 27, 2024
Article
Why Michael Lewis is (still) wrong about SBF
Michael Lewis's most recent attempt in the Washington Post to portray SBF as a sympathetic and misunderstood young man rings hollow at best. Mr. Lewis asserts that, “[n]o one guessed Sam’s crime...
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Jai Massari
@JaiMassari
Jun 7, 2023
Replying to @matt_levine
Yes, many token offerings were done as securities transactions. But that is not the same as the tokens being securities. Subtle but important difference.
corpgov.law.harvard.edu
Why Cryptoassets Are Not Securities
FTX’s collapse reiterates the need for comprehensive U.S. regulation of crypto markets. This regulation must have a solid legal foundation, a key pillar of which is a workable framework to distingu...
5.7K
Jai Massari
@JaiMassari
Mar 11, 2025
Myths about money are powerful and entertaining. They are a terrible basis for policy or law. In the latest Open Banker, Alex Steinberg Barrage and I bust three common myths about stablecoins. 🧵
4.3K
Jai Massari
@JaiMassari
Dec 17, 2024
At this very same conference, Sarah Hammer @Wharton, @iampaulgrewal, and I spoke about the real-time, real-world payment services that @lightspark has live today. Skepticism is healthy. Updating priors, also healthy. See, e.g.,
Better Markets
@BetterMarkets
Dec 17, 2024
Last week our Benjamin Schiffrin attended the Future of Finance Conference hosted by @Wharton. Ben explains that you might be surprised by the industry’s answers on the potential use cases for crypto.
00:00
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Jai Massari
@JaiMassari
Mar 2, 2023
Excited to share that Xapo Bank is the first partner to integrate Lightspark services. 🚀
Xapo Bank
@xapobankapp
Mar 2, 2023
We are pleased to announce that we are the first bank to offer #LightningNetwork payments, through our partnership with @Lightspark. Our members can now make faster, cheaper #bitcoin payments on the Xapo Bank app. Read more: bit.ly/3Zzdk0A #XapoPrivateBank #blockchain
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Jai Massari
@JaiMassari
Jul 16, 2024
Building the future of payments requires vision, drive, and a steadfast focus on excellence. We are thrilled to announce our partnership with the amazing team at @Bitso. The collaboration will bring the speed, convenience, and low cost of the ⚡️Lightning network⚡️to @Bitso 8
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Jai Massari
@JaiMassari
May 31, 2023
This week’s episode of Unchained is a must for those interested in crypto markets and the SEC’s approach to regulation. But best not to take everything said during the discussion as correct on the law.
open.spotify.com
These 2 Crypto Trading Platforms Agree With SEC Chair Gary Gensler - Ep. 499
Unchained · Episode
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