Well, just to the point about meme coins, whether those fit within the SEC's jurisdiction at all.

More generally, I mean, I think that's how we live our lives, right?

If you want to go spend your money on something, you can do it.

You know, people have fun with meme coins and a lot of other kinds of things, and that's completely fine.

But don't assume that there is an SEC regulatory presence there.

There may be, again, facts and circumstances

matter, but don't assume that.

Welcome to Bankless, where we explore the frontier of Internet money and Internet finance.

And today on Bankless, we are speaking to SEC Commissioner and head of the SEC's Crypto

Task Force, Hester Purse.

It is absolutely incredible that we are able to speak directly to someone who is in charge

of an entire governmental regulatory office as it relates to our industry and ask about the

plans that they have for our regulation.

This is not the same treatment that we have

received in the past, and the fact that we are in direct conversation with a regulator who

wants to be collaborative rather than antagonistic comes as a huge breath of fresh air. While this

is Commissioner Purses' third time on the podcast, this time is quite different with the arrival

of a new administration and a new SEC chair at the helm.

So let's go ahead and hear directly from one of Crypto's biggest regulator right after we talk to some of these fantastic sponsors that make this show possible.

Are you ready to see what the future of on-chain lending looks like?

Look no further than Morpho.

The first and only Defy protocol integrated by Coinbase, leading the charge with the

...