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Regulation & Compliance


Why Crypto’s Market Structure Is Broken And What It Will Take To Fix It
In this episode of When Shift Happens , I sit down with Xin Song, Group CEO of GSR Markets, to discuss why crypto’s market structure is fundamentally broken, how misaligned incentives are holding the industry back, and what it would take to rebuild it into something closer to a real financial system. From his early days navigating illiquid crypto markets to his vision of turning GSR into the Goldman Sachs of Web3, Xin offers a perspective that is both deeply operational and u

Kevin Follonier
Apr 14 min read


How Kast Uses Stablecoins To Make A Global Bank Possible, And Why This Hasn’t Worked Before
In this episode of When Shift Happens , I sit down with Raagulan Pathy, founder of KAST and the “stablecoin guy”, to discuss what happens when a $100M company goes to zero, what eight years of debt repayment does to a founder’s mindset, and why he now believes stablecoins can power a global bank serving 150+ countries, and possibly a billion people. Raags is direct about the scale of what he’s trying to build. He says, on record, that KAST is a “trillion dollar plus” outcome

Kevin Follonier
Jan 144 min read


Inside the 90 Seconds That Shook Crypto: Paul Faecks on Plasma, Stablecoins, and the Future of Money
In this episode of When Shift Happens , I sit down with Paul Faecks, the founder and CEO of Plasma, to discuss the trillion-dollar...

Kevin Follonier
Sep 24, 20254 min read


Playing the Long Game: Chris Larsen on Ripple’s Approach to Growth
In this episode of When Shift Happens , I sit down with Chris Larsen, co-founder and Executive Chairman of Ripple, to unpack how he and...

Kevin Follonier
Jul 4, 20254 min read


“Crypto Has Lost Its Way”: Gavin Wood speaks on Governance, Greed, and Rebuilding the Blockchain Ethos
Gavin Wood, the co-founder of Ethereum and founder of Polkadot, sat down with me on the 124th episode of When Shift Happens to unpack...

Kevin Follonier
Jun 15, 20254 min read
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