Nic and Matt return for a special Christmas episode of OTB. In this episode:  Jay Clayton steps down and Elad Roisman takes over as interim SEC Chair We analyse the Treasury's proposed rule on VASPs and crypto transactions Why the FinCEN rule imposes greater demands on crypto transactions than cash as far as surveillance is concerned Are the proposed workarounds between VASPs and defi asset pools viable? Our book recommendation on the politicization of the Treasury Our analysis of the SEC complaint against Ripple How bad is the SEC complaint for Ripple? Some of the most damning quotes from the SEC complaint The significance of the SEC extending the statute of limitations with Ripple Our theory for why the SEC waited so long to sue Ripple Implications for exchanges facilitating the trading of XRP A development on 15c3-3 We revisit our predictions for 2020 and issue new predictions for 2021 Content mentioned in this episode:  The Treasury's proposed rule on crypto wallets The Presidential Working Group's statement on stablecoins The SEC complaint against Ripple Labs The Tokendaily 2021 Crystal Ball Sponsor notes:  Withum is a forward-thinking, technology-driven advisory and accounting firm committed to helping our clients be more profitable, efficient and productive in today’s complex business environment. Our Digital Currency group is proud to partner with members of the cryptocurrency community. Get to know us at withum.com/crypto.