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"Sergey Nazarov, Co-Founder of Chainlink and CEO of Chainlink Labs, breaks down how CCIP, RWA tokenization, and Proof of Reserves will transform global finance and accelerate crypto adoption.
Sergey shares insights from his meetings in Washington D.C., including updates on the U.S. crypto Market Structure Bill, stablecoin regulation, and why governments are putting trusted data on-chain with Chainlink.
We also discuss the future of altcoins, stablecoin liquidity, and why everything — from equities to commodities — is moving on-chain. A must-watch for anyone tracking Chainlink’s role in the next crypto boom."
~ Coin Bureau
The interview with Sergey Nazarov, CEO and founder of Chainlink Labs, primarily focuses on the ongoing discussions in Washington D.C. regarding the regulation of the crypto and digital asset space, particularly the market structure bill. Nazarov emphasizes that the bill is not just about cryptocurrency but about the future of the global financial system, which he believes will be entirely tokenized. He notes that there is bipartisan political will for a market structure bill, though progress is hampered by issues like the government shutdown and unresolved provisions regarding DeFi and illicit financing. He also recounts his experience at the White House crypto summit, indicating a growing and high-level understanding of blockchain technology among senior U.S. officials. Nazarov asserts that tokenization of real-world assets, such as stocks, commodities, and real estate, will be the next major stage of the industry's growth, eventually eclipsing the size of the cryptocurrency market.
Nazarov details Chainlink's pivotal role in facilitating this tokenized future through its technological standards. He explains that Chainlink's Cross-Chain Interoperability Protocol (CCIP) is designed to solve the problem of fragmentation by providing a cheap, efficient, and compliant global standard for connecting different chains, including private corporate chains and public blockchains. Furthermore, he discusses the critical nature of Chainlink's Proof of Reserves technology, which provides transparency and security by ensuring that stablecoins cannot be over-minted. Chainlink's oracle network also extends to providing verifiable government data on-chain, such as economic performance metrics from the U.S. Department of Commerce. Ultimately, he sees Chainlink evolving into a set of global, highly-adopted standards for secure, data-rich, and interconnected blockchain transactions, facilitating the massive convergence and ultimate indistinguishability of the DeFi and Traditional Finance communities.
0:00 Intro: Sergey Nazarov on Coin Bureau Podcast
1:39 Market Structure Bill: Bipartisan Push & Financial System Upgrade
3:25 RWAs: Everything Will Be Tokenized
5:47 Illicit Finance Misunderstandings in DC (less than 1% On-Chain)
9:00 Shutdown Impact: Thanksgiving Vote Timeline at Risk
11:19 How CCIP Solves Interoperability
18:06 Governments Put Data On-Chain + Polymarket Integration
21:58 White House Crypto Summit
25:45 Stablecoin Rules: Proof of Reserves + Secure Minting
37:17 Oct 10 Liquidations: Exchange Pricing vs Chainlink Feeds
46:09 Chainlink’s 5-Year Vision — Global Blockchain Standards
Source - Coin Bureau YouTube: https://www.youtube.com/watch?v=OGzUxM53E3E
Disclaimer: This video is provided for informational purposes only, and not offered or intended to be used as legal, tax, investment, financial, or any other advice.
