Balancing Innovation and Consumer Protection in the Crypto Space with Debra Brookes
12/31/24 • 28 min
In this episode of The Get Down, Ritzy P. interviews Debra Brookes about her professional journey, detailing her entry into the crypto space and her experiences with regulatory frameworks like the BitLicense. She discusses her current role in developing a state-issued stable coin in Wyoming, emphasizing the importance of balancing innovation with regulatory oversight. Debra also highlights the challenges faced by small players in the crypto market and offers insights on how they can navigate the complex landscape.
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Debra Brookes is an attorney with over 20 years of experience, specializing in cryptocurrency compliance, sanctions enforcement, and white-collar prosecutions. Deb recently joined the State of Wyoming’s Stable Token Commission as its Chief Risk and Compliance Officer. Deb previously worked with the NYS Department of Financial Services (NYSDFS) where she held several positions, most notably Deputy Virtual Chief and Head of Supervision, where she supervised over 30 licensed crypto companies. Before NYSDFS, Deb served as a federal prosecutor for the U.S. Department of Justice through the competitive Attorney General's Honors Program.
We discuss:
- Challenges with the New York BitLicense process.
- How balancing innovation and regulation is crucial for safety.
- The Wyoming Stable Token Commission’s mission to produce the first state-issued stablecoin.
- Significant shifts in US crypto legislation in 2025.
Thanks for tuning in! To get the full scoop on creating a more inclusive Web3, DeFi, and Bitcoin space, make sure you catch every episode – we're packed with actionable tips and insights. If you found this episode valuable, spread the word and share it with someone who needs to hear this. Don't forget to follow, rate, and review our podcast on your favorite listening app – it helps us reach even more people who are passionate about building a better future for everyone in the crypto space.
CONNECT WITH DEBRA BROOKES:
Wyoming Stable Token Commission
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In this episode of The Get Down, Ritzy P. interviews Debra Brookes about her professional journey, detailing her entry into the crypto space and her experiences with regulatory frameworks like the BitLicense. She discusses her current role in developing a state-issued stable coin in Wyoming, emphasizing the importance of balancing innovation with regulatory oversight. Debra also highlights the challenges faced by small players in the crypto market and offers insights on how they can navigate the complex landscape.
Be sure to sign up for our newsletter, Chews!
Debra Brookes is an attorney with over 20 years of experience, specializing in cryptocurrency compliance, sanctions enforcement, and white-collar prosecutions. Deb recently joined the State of Wyoming’s Stable Token Commission as its Chief Risk and Compliance Officer. Deb previously worked with the NYS Department of Financial Services (NYSDFS) where she held several positions, most notably Deputy Virtual Chief and Head of Supervision, where she supervised over 30 licensed crypto companies. Before NYSDFS, Deb served as a federal prosecutor for the U.S. Department of Justice through the competitive Attorney General's Honors Program.
We discuss:
- Challenges with the New York BitLicense process.
- How balancing innovation and regulation is crucial for safety.
- The Wyoming Stable Token Commission’s mission to produce the first state-issued stablecoin.
- Significant shifts in US crypto legislation in 2025.
Thanks for tuning in! To get the full scoop on creating a more inclusive Web3, DeFi, and Bitcoin space, make sure you catch every episode – we're packed with actionable tips and insights. If you found this episode valuable, spread the word and share it with someone who needs to hear this. Don't forget to follow, rate, and review our podcast on your favorite listening app – it helps us reach even more people who are passionate about building a better future for everyone in the crypto space.
CONNECT WITH DEBRA BROOKES:
Wyoming Stable Token Commission
CONNECT WITH BUTTERSCOTCH MEDIA:
Check us out on our website butterscotch.media and subscribe to our newsletter
Follow us on X @butterscotch360
Watch our content on YouTube
Previous Episode
Leveraging Web3 for Cultural Preservation and Economic Sovereignty with Richard Ng and Jake Foreman
In this episode of The Get Down, Ritzy P. interviews Richard Ng and Jake Foreman about their journeys into the world of Web3 and the founding of IndigiDAO, an initiative aimed at empowering Indigenous entrepreneurs through decentralized autonomous organizations (DAOs). They discuss the core objectives of IndigiDAO, the impact of a significant grant from the Robert Wood Johnson Foundation, and the milestones they have achieved. The conversation also highlights the importance of community, the role of government in supporting micro enterprises, and personal insights from both founders.
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Richard Ng is a seasoned social impact leader with over a decade of experience driving innovation and growth in both the nonprofit and for profit sectors, and currently is the Program Manager and Co-Founder of IndigiDAO, an initiative supporting indigenous entrepreneurs to set up economic cooperatives to create a kinship economy. Richard's passion for creating positive social change is evident in his impactful work across a range of industries.
Henry Jake Foreman MCRP is a specialist in facilitation, development, and implementation of engaging learning experiences for students of all ages and has created a variety of curricula around education, health, and entrepreneurship. He is the founder of Karuna Colectiva, a social enterprise that delivers the principles of engagement, innovation, and application through mentorship, bicycling, and cooperative economics. He is also the Program Director of New Mexico Community Capital and manages the Financial & Business Basics course that is designed to help build a solid foundation to form and grow business ideas with a personal financial plan for success.
We discuss:
- IndigiDAO’s aims to support Indigenous entrepreneurs through a DAO structure.
- Community and collaboration as essentials for Indigenous entrepreneurs.
- Prioritizing assistive technologies in IndigiDAO's design and mission.
- The impact of The Robert Wood Johnson Foundation grant on IndigiDAO's development.
Thanks for tuning in! To get the full scoop on creating a more inclusive Web3, DeFi, and Bitcoin space, make sure you catch every episode – we're packed with actionable tips and insights. If you found this episode valuable, spread the word and share it with someone who needs to hear this. Don't forget to follow, rate, and review our podcast on your favorite listening app – it helps us reach even more people who are passionate about building a better future for everyone in the crypto space.
CONNECT WITH RICHARD NG:
CONNECT WITH JAKE FOREMAN:
CONNECT WITH BUTTERSCOTCH MEDIA:
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Follow us on X @butterscotch360
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Next Episode
Bridging the Gap: Making Web3 and DeFi Accessible for Spanish Speakers with Mónica Talán
In this special Spanish-language episode of The Get Down, host Ritzy P sits down with Mónica Talán, the founder of CryptoConexión, who shares her journey into the crypto space and the inspiration behind creating CryptoConexión - to provide accessible, Spanish-language content and resources to empower the Latino community to participate in the rapidly evolving world of decentralized finance and emerging technologies. The conversation delves into CryptoConexión's initiatives, such as the Agent Camp bootcamp program, as well as Monica's insights on the vibrant crypto community in the United States and the transformative innovations happening across Latin America.
Be sure to sign up for our newsletter, Chews!
With more than two decades of experience in strategic communications and public relations, Mónica Talán is a dynamic entrepreneur and award-winning leader in the field of communications and innovation. She is the founder of CryptoConexión, a Spanish-language platform that drives awareness and engagement about blockchain and AI. In addition, she launched TechTranslators.ai, dedicated to making technology accessible through technology workshops. Bringing together a diverse team of experts in technology, communications, marketing, and law, TechTranslators.ai works to demystify complex concepts like AI, Web3, blockchain, and AR/VR.
We discuss:
- Producing accessible crypto information in Spanish.
- The potential of blockchain technology in remittances.
- The explosion of innovation in Latin America, driven by emerging technologies.
- How political changes will affect Web3 and DeFi in the United States.
Thanks for tuning in! To get the full scoop on creating a more inclusive Web3, DeFi, and Bitcoin space, make sure you catch every episode – we're packed with actionable tips and insights. If you found this episode valuable, spread the word and share it with someone who needs to hear this. Don't forget to follow, rate, and review our podcast on your favorite listening app – it helps us reach even more people who are passionate about building a better future for everyone in the crypto space.
CONNECT WITH MÓNICA TALÁN:
CONNECT WITH BUTTERSCOTCH MEDIA:
Check us out on our website butterscotch.media and subscribe to our newsletter
Follow us on X @butterscotch360
Watch our content on YouTube
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