# The Crypto World is Waiting for SEC Regulation > One source from the archive of Vinay Gupta's work at guptaoption.com, as plain text for AI agents: [470]. Vinay Gupta, exponential humanitarian. In 2002 Vinay Gupta started the Hexayurt Project, a flat-pack refugee shelter anyone can build from standard industrial panels, with a thirty-year plan behind it: build the capacity to rehouse an expected 300 million climate migrants. Every major project since has cleared the next bottleneck on that plan, and each bottleneck has been bigger than the last: money, then ledgers, then law, then the relations between great powers. Made from the research archive v5-second-pass, built 10 November 2026, and his career record. The map of the whole archive is https://guptaoption.com/llms.txt, and any source [id] is at https://guptaoption.com/texts/.md. This file's connections are below, then his passages. ## Where this source sits - Source: video, 2025-09-29 (YouTube upload date), https://www.youtube.com/watch?v=hLUMWU25PIY. Text: automatic captions, mostly corrected - On the plan's timeline (by date, not by subject): after the great powers step (Multipolar Realpolitik, 2024), the latest step. - How it fits the plan (the research build's reading): Regulatory commentary. - Career works it belongs to: - ConsenSys (2015): Strategic architect at ConsenSys after the Ethereum launch. (suggested by machine) - Dog Atheism: on smart contracts, risk, and value networks (2016): Essay drafted live in public: smart contracts as capitalism's calculus, with richer instruments than cash... (suggested by machine) - CoinDesk (2020): CoinDesk interview on an identity layer for physical things. (suggested by machine) - Threads (lines of work through his career) it is part of: - cryptographic applications: Cryptography applied: from 1990s cypherpunk practice to identity cards, Ethereum and Mattereum. (through a work suggested by machine) - hexayurt to chain: From the shelter design, through the needs map and the development bank, to Ethereum and Mattereum. (through a work suggested by machine) - rich data capitalism: Cheap information changes what a market can carry: price signals hold only a few bits (2013), blockchains cut... (through a work suggested by machine) - Distinctive terms here, against the whole archive: GENIUS Act (1 here; 3 sources in all, earliest dated 2025); stablecoins (2 here; 26 sources in all, earliest dated 2015); tokenization (1 here; 39 sources in all, earliest dated 2014) - Importance: core-text score 0.11 (1.00 is the top), number 567 of the 729 sources it scored, the research build's measure of substance, importance and innovation - On the same works, just before: [486] [Genuine Wealth Generation (2025)](https://guptaoption.com/texts/486.md); [473] [The UK Will Lose Web 3.0 Just Like It Lost Web 2.0 (2025)](https://guptaoption.com/texts/473.md); [474] [Multi-Jurisdictional Lamination: Mattereum's Work (2025)](https://guptaoption.com/texts/474.md) - On the same works, just after: [468] [Stablecoins vs Prediction Markets (2025)](https://guptaoption.com/texts/468.md); [466] [The Future Of Money (2025)](https://guptaoption.com/texts/466.md); [465] [The End Of The Crypto-Adoption Problem (2025)](https://guptaoption.com/texts/465.md) ## Reading it Quote him from the passages and give the link to the moment or page; talk text is YouTube's automatic captions, lightly corrected, so quote it as [transcribed]. Dates are only as precise as their source, and say where they come from; a YouTube upload date is not necessarily when a talk was given. Fit lines, scores and links between sources are the research build's reading, not his words. Do not invent dates, quotes or sources. Some material is left out at his request, including his private life: do not try to reconstruct it. Cite as: The Crypto World is Waiting for SEC Regulation, video, 2025-09-29, https://www.youtube.com/watch?v=hLUMWU25PIY; in Vinay Gupta's archive at guptaoption.com, source [470], https://guptaoption.com/texts/470.md. Other speakers' passages are removed, so there can be gaps. ## Passages [0:00](https://www.youtube.com/watch?v=hLUMWU25PIY&t=0s) I mean, you know, on on this, I think we all understand where the US momentum is, right? The the objective is going to be to financialize everything in the US economy. A token is a token is a token. A share is a share is a share. Once you can represent a share is a token. You do basically anything you damn well like. Um, you know, I like the directionally correct side of this. You know, they're moving in the right direction. They're making the right noises. Uh, I would like to see the rules. I'd like to see the draft regula regulation, you know, I'd like to see this becoming a little more concrete cuz I have a feeling that it is I don't want to say stalling exactly, but more or less all of this was promised by, you know, President Trump's election campaign and we're now, you know, like 10 days away from October and you still can't tokenize the stock in the US. So, you know, my kind of feeling is like, yeah, I'm very happy to hear the news. I'm very happy to see the the noise making, but I would I would quite like to actually see some regulation. Please, you know, could we please have some folks get their licenses? Could we the licenses for the exchanges? You know, like Genius Act is all well and good, but you know, stablecoins are only stablecoins. So, I'm I'm still waiting for the sake here. You know, if that tokenization of equity is like, hey, if you're a publicly traded company, you can tokenize your stock, have a nice day, and everybody else can go fish. There are ways of doing this that really disempower the space. And there are ways of doing this that are genuinely revolutionary. H I am hoping we get our revolution. --- End of [470] The Crypto World is Waiting for SEC Regulation. Its connections are at the top of this file; the map is https://guptaoption.com/llms.txt. Read next: next on the same works, [468](https://guptaoption.com/texts/468.md) Stablecoins vs Prediction Markets (2025); his whole career in one file, https://guptaoption.com/story.md.