
Bits and Borders
#200: Kristin Smith on Why Boring Is Better For U.S. Crypto Policy
Kristin Smith is President of the Solana Policy Institute. She joins host Aaron Stanley to discuss why the Clarity Act stalled in the US Senate. Kristin explains how the politics around President Trump, opposition from the banking lobby and a shifting Democratic electorate derailed the bill, and why she believes the industry still came out ahead as the SEC and CFTC move to write rules on their own. They also discuss the risk of a political backlash and crypto's shift toward financial infrastructure. You can connect with Kristin Smith on LinkedIn For editorial and sponsorship enquiries: aaron@promenadeadvisory.comSubscribe to Bits and Borders : Bits and Borders is presented by Sumsub Sumsub recently released its fourth annual State of the Crypto Industry report. The new research reveals how digital asset companies are balancing fraud prevention, regulatory pressure, and user experience as they scale in 2026. This report draws on Sumsub's internal data from 2024–2025 and insights from 300 crypto companies surveyed outside Sumsub's customer base. Read the full report here :

