Kelman Law's guest appearances

Kelman Law

On The Brink with Castle Island

Ray Dalio

Kyle Samani

Jeff Dorman

Kyle Davies

Mason Borda

John Collins

Jack Dorsey

Bob Davis

Nick White

George Selgin

Muneeb Ali

Ryan Selkis

Jeremy Welch

Spencer Bogart

Hester Peirce

OwlTail

Zachary Kelman

Repeat guest Zach Kelman joins the show to break down the contemporary effects of Operation Choke Point from his perspective as a lawyer having worked in compliance and regulatory for large financial institutions. In this episode:   The (pre)history of Choke Point – and how it wasn't a bolt from the blue  How Choke Point was mechanically enforced against the banks  Why industry-wide politicization of financial services is a poor policy to pursue  How Choke Point lasted far beyond its original mandate Have banks been permanently politicized as a result of OCP?  How Choke Point's effects are being felt in the crypto industry What to expect on an ongoing basis  Prior episodes in the Choke Point 2.0 series   Iain Murray (Competitive Enterprise Institute) on the history of Operation Choke Point Amber Scott (Outlier Canada) on crypto-bank relationships in Canada 

<a href="https://onthebrink-podcast.com/zach-kelman-fatf/" rel="nofollow" target="_blank">Repeat guest</a> <a href="https://kelman.law/about/" rel="nofollow" target="_blank">Zach Kelman</a> joins the show to break down the contemporary effects of Operation Choke Point from his perspective as a lawyer having worked in compliance and regulatory for large financial institutions. In this episode:  <ul> <li>The (pre)history of Choke Point – and how it wasn't a bolt from the blue </li> <li>How Choke Point was mechanically enforced against the banks </li> <li>Why industry-wide politicization of financial services is a poor policy to pursue </li> <li>How Choke Point lasted far beyond its original mandate</li> <li>Have banks been permanently politicized as a result of OCP? </li> <li>How Choke Point's effects are being felt in the crypto industry</li> <li>What to expect on an ongoing basis</li> </ul> Prior episodes in the <a href="https://onthebrink-podcast.com/choke-point-2/" rel="nofollow" target="_blank">Choke Point 2.0</a> series  <ul> <li><a href="https://onthebrink-podcast.com/ocp-murray/" rel="bookmark nofollow" target="_blank">Iain Murray (Competitive Enterprise Institute) on the history of Operation Choke Point</a></li> <li><a href="https://onthebrink-podcast.com/amber-scott/" rel="bookmark nofollow" target="_blank">Amber Scott (Outlier Canada) on crypto-bank relationships in Canada</a></li> </ul>

Zachary Kelman (Kelman Law) on the lingering effects of Choke Point (EP.179)

Zachary Kelman, managing partner at Kelman Law PLLC, joins the show to shed light on the FATF – it's origins and its current mandate – the travel rule, and what the industry can expect from these developments. Covered in this episode:  Zach's prior career in bank compliance and how he decided to focus on Bitcoin How Zach noticed the blurring of lines between stopping crime and politics for bank AML Why overseas payments in the correspondent bank system are expensive What the Travel Rule actually means Why Zach thinks Bitcoin compares favorably with the default correspondent banking system Why banks freeze out certain sectors even without a specific ban or prohibition How Coins.ph moved the needle for financial inclusion in the Philippines The history of the FATF and its original mandate and intent Why the FATF's recommendation could possibly bifurcate the bitcoin market How the end of the Cold War might have influenced the creation of the FATF What Fukuyama's End of History has to do with financial crimes enforcement Will the decline of the US-led international order mean organizations like the FATF will have a reduced ability to police global finance Zach's thesis that western Europe might end up being a haven for the crypto industry How the FATF recommendations actually get enforced at the local level How the FATF black and graylists change bank behavior Why NYDFS has so much control over global finance How bank behavior in the US is often more norm based than couched in law Why a rise of nationalism could advantage Bitcoin 

<a href="https://twitter.com/ZKelman" rel="nofollow" target="_blank">Zachary Kelman</a>, managing partner at <a href="https://kelman.law/about/" rel="nofollow" target="_blank">Kelman Law PLLC,</a> joins the show to shed light on the FATF – it's origins and its current mandate – the travel rule, and what the industry can expect from these developments. Covered in this episode: <ul> <li>Zach's prior career in bank compliance and how he decided to focus on Bitcoin</li> <li>How Zach noticed the blurring of lines between stopping crime and politics for bank AML</li> <li>Why overseas payments in the correspondent bank system are expensive</li> <li>What the Travel Rule actually means</li> <li>Why Zach thinks Bitcoin compares favorably with the default correspondent banking system</li> <li>Why banks freeze out certain sectors even without a specific ban or prohibition</li> <li>How <a href="http://coins.ph" rel="nofollow" target="_blank">Coins.ph</a> moved the needle for financial inclusion in the Philippines</li> <li>The history of the FATF and its original mandate and intent</li> <li>Why the FATF's recommendation could possibly bifurcate the bitcoin market</li> <li>How the end of the Cold War might have influenced the creation of the FATF</li> <li>What Fukuyama's End of History has to do with financial crimes enforcement</li> <li>Will the decline of the US-led international order mean organizations like the FATF will have a reduced ability to police global finance</li> <li>Zach's thesis that western Europe might end up being a haven for the crypto industry</li> <li>How the FATF recommendations actually get enforced at the local level</li> <li>How the FATF black and graylists change bank behavior</li> <li>Why NYDFS has so much control over global finance</li> <li>How bank behavior in the US is often more norm based than couched in law</li> <li>Why a rise of nationalism could advantage Bitcoin</li> </ul>

Zachary Kelman (Kelman Law) on the FATF, Bitcoin, and the International Order (EP.117)