Hi everyone,

WELCOME TO THE NEW EVE WEALTH NEWSLETTER.

We’ll be sending these the first week of every month, breaking down the most compelling news in the crypto world, what we’re thinking and talking about with our colleagues and to give you updates on the goings on at Eve Wealth. We’re so glad you’re in our Eve community, and can’t wait to get started.

All About Eve

Speaking of community, we’re planning on having the Eve community platform built out and launching in the fall, with the investment platform to follow soon after. Things are heating up here, and we’d love to hear from you on what questions you may have about crypto, and what you might like from your EVE experience. What are you missing out on in your current financial journey? Are you still nervous about investing in digital assets? Well, we’re here to help and educate and there are no dumb questions. No bad ideas in a brainstorm! (At least that is what my boss says.)

Email us

#WHYEVE

Our very own cofounder Elaine Asher is quoted extensively in this article which neatly sums up #WhyEve

Read now

Don’t miss the replays of our latest webinars in our series Myths vs The Truth. The first was Crypto & Crime. It was fascinating. We were joined by financial expert Mary Beth Buchanan (see more about this absolute STAR below) and she helped debunk some common misconceptions about illicit activities and crypto currencies. And we further debunked some myths about Bitcoin and the Environment with crypto currency experts Jaime Leverton and Rena Shah in this webinar: Is Bitcoin Bad For The Environment? Also, big congratulations to Rena for her recent promotion to COO of Trust Machines! Not to brag or anything, but we really do get the most amazing guests for our series. Keep an eye on your inbox for future guest and topic announcements.

Watch here

WHAT'S TRENDING IN CRYPTO?

There’s a lot of discourse around regulation lately. Let’s dig in on what you need to know. So the SEC has been increasingly active in regulating the crypto space. Recent actions include lawsuits against major exchanges like Binance and Coinbase, alleging unregistered securities offerings. The SEC is also pushing for greater transparency and investor protection in the industry. And now Congress is getting in on the act. There’s a lot of legislation being proposed. One that you’ve probably heard of is the "Digital Commodity Exchange Act" (DCEA) which aims to create a regulatory framework specifically for digital asset exchanges.As anyone familiar with the regulatory rulemaking process in the US knows, it is a slow process. While the media is full of predictions after every regulatory milestone, both dire and hopeful, we think it is too early to tell much. We’re going to have a webinar on this very topic soon, so keep your eyes open for that invite.

Watch here

CRYPTO COMMUNITY NEWS

Cyber security expert Justine Bone is leading a new security “neighborhood watch” in order to stop hacks and other cyber misdeeds. This ISAC (Information Sharing and Analysis Center) means that the crypto industry will emulate many other established verticals that use information sharing to protect critical infrastructure, such as healthcare, retail, the financial sector, the automotive industry and many more Here’s what she had to say at Consensus: “Many of our founding members have very similar sophisticated cybersecurity programs internally, very adept at responding to cybersecurity incidents. But this is sort of taking that one step further where these teams can actually start to come together and work as a sort of a collective defense for industry. So it's really a reflection of the maturing of the crypto industry and the need for us to develop cybersecurity.”

ELEVATED VOICES

Mary Beth Buchanan

Mary Beth is the former Acting Director for the United States Department of Justice Office on Violence Against Women (OVW) and is the current Chief Legal & Policy Officer at Nexum Token. She is an expert in fintech and the crypto industry and also serves as the VP on the Board of Directors of the Cardano Foundation.

Eve Wealth: How did you start your crypto journey?

While a partner at Bryan Cave Leighton Paisner, I was a member of the firm’s White Collar and Government Investigations Practice Group. As a former United States Attorney and long-time federal prosecutor, I was able to discuss my client’s alleged conduct with investigators and prosecutors, often persuading the government that charges should not be filed. Around 2014, within a year of joining the law firm, I broadened my focus to include digital asset related businesses and met others in the firm who were also interested in digital assets and blockchain technology. We attended conferences, taught each other new things, and became known within and outside of the firm as a legal team with expertise in the blockchain space. We encouraged the firm to create a digital asset team, and through our diverse skillsets, we brought many new clients to the firm. We realized that there was a need to educate our new clients on how to interact with the government in regulatory enforcement matters and potential criminal investigations. As I had done in the criminal area, I was able to prevent enforcement agencies from bringing actions against our clients. Representing clients in the blockchain space became my primary interest, and I haven’t looked back since.

Eve Wealth: Who is another woman in crypto that you admire and why?

There are so many women that are doing incredible things in blockchain today, but one who stands out to me is Caitlin Long. She had a long career in traditional finance before becoming involved in the digital asset space. She got involved with blockchain legislation in Wyoming after she attempted to donate digital assets to her alma mater and the laws at the time wouldn’t allow the university to accept them. Afterwards, Caitlin served on the Wyoming Blockchain Committee and helped to change the laws, and to enact comprehensive digital asset legislation. Wyoming’s new blockchain legislation created Special Purpose Depository Institutions, that can hold both fiat and crypto assets. In 2020 Caitlin became the founder and CEO of Custodia, Wyoming’s first state charted Special Purpose Depository Institution. When Custodia was later denied a Fed Master Account, which would have allowed Custodia to transact directly with other banks, Custodia sued the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City. The case is currently on appeal, and Caitlin continues to fight for a principle that affects all state chartered financial institutions. As an early blockchain adopter, a digital asset pioneer, and founder and CEO of the first Wyoming Special Purpose Depository Institution, Caitlin continues to do impressive things.