78: Jake Chervinsky on Crypto Law, Policy Battles, and Stablecoin Clarity

In this episode, Yitzy sits down with Jake Chervinsky — currently Chief Legal Officer at Variant, and previously Chief Policy Officer at the Blockchain Association - one of the most recognizable voices in crypto law and policy.

From his early days as a litigator at Baker McKenzie to his transition into crypto Twitter threads, DeFi, and policy advocacy in Washington, Jake’s journey offers an insider’s look at how law, innovation, and regulation collide.

We cover:

• Jake’s path from mock trial competitions to Big Law and eventually into the heart of crypto;

• His move from courtroom litigation to becoming General Counsel at Compound Labs during the early DeFi boom;

• How a viral Bitcoin ETF Twitter thread shifted his career into crypto full-time;

• The behind-the-scenes fight over the 2021 infrastructure bill — and how it marked crypto’s arrival in Washington;

• Lessons from his time as Chief Policy Officer at the Blockchain Association during the FTX fallout;

• His current role at Variant, helping founders navigate the legal and regulatory minefields of building in Web3;

• Jake’s take on the future of stablecoins, the Clarity Act, and why “boring” regulation may actually be a win for the industry.

Whether you’re a lawyer, builder, or policy wonk, this episode is packed with insights on how crypto regulation is shaped — and what’s coming next.

🔗 Follow Jake on X: @jchervinsky