Welcome to The Crypto Podcast. You can find all our episodes on thecryptopodcast.org. My guest today spent years inside the room where crypto's rules actually get written. As a regulatory crypto attorney, he's advised leading exchanges on exactly what they could and couldn't legally offer, and he helped launch the first crypto ETFs on the Toronto Stock Exchange. Now he's on the other side of the table as CEO of Yield School and founder of New Market Trading, helping everyday investors get access to the primary markets that most retail traders never know exist. Please welcome Frank Hepworth.
In this episode, Roy and Frank cover the regulatory landscape shaping crypto today, including the Genius Act, the pending Clarity Act, and why Frank believes Europe's MiCA legislation forced crypto into traditional finance and backfired. Frank explains how New Market Trading uses smart contract technology so clients retain full self-custody while still getting professional portfolio management, why institutional ETF buyers have been buying the top and selling the bottom like retail investors, and how he evaluates which crypto assets are worth investing in using a commodity-versus-business framework. The conversation closes with a detailed, refreshingly honest breakdown of why real estate tokenization is far less advanced than people assume, and why native on-chain companies, not tokenized off-chain assets, are where Frank believes the space is actually heading.
⏱️ TIMESTAMPS
0:02 - Welcome to The Crypto Podcast, intro to Frank Hepworth
0:48 - Frank's path into crypto and law simultaneously, starting in 2017
3:03 - Getting hired by a top law firm during the 2020-2021 bull run
4:53 - The Genius Act, the Clarity Act, and why Frank thinks MiCA backfired
11:47 - How Yield School teaches DeFi investing vs. how New Market Trading manages it
13:44 - How the smart contract investment account makes theft technologically impossible
17:45 - Helping US clients set up checkbook IRAs for tax-exempt crypto investing
24:56 - Why big institutions have been buying the top and selling the bottom
27:42 - How Frank decides which crypto assets are worth investing in: commodity vs. business framework
31:00 - Where NFTs are headed, and why early blue-chip collections may hold value
32:12 - Why real estate tokenization is far less advanced than most people assume
37:17 - Cypherpunks who operate entirely outside the fiat system
41:20 - Frank's honest take on his role in launching the first Toronto Stock Exchange crypto ETF
41:38 - Where to find Frank Hepworth and connect with his team
About Frank Hepworth
Frank Hepworth is a former crypto regulatory attorney who advised leading exchanges on legal compliance and contributed to the listing documentation for the first crypto ETFs on the Toronto Stock Exchange. He is now CEO of Yield School, which teaches investors how to navigate decentralized finance directly, and founder of New Market Trading, which uses ERC-4337 smart contract technology to give clients professional portfolio management while retaining full self-custody of their crypto. Frank currently serves primarily US-based clients.
Connect with Frank Hepworth
🌐 newmarkettrading.com
𝕏 X (Twitter): @Frank_HEP
▶️ YouTube, Instagram, LinkedIn: search Frank Hepworth
Roy
Website: https://roycoughlan.com/
Virtual Assistants: https://va.world/
Private Networking Group (Connected Leaders Academy, 45+ Countries, 685+ Members): https://connectedleaders.academy
Brain Upgrade: https://brainupgrade.org/
The Authority Alliance: https://theauthorityalliance.com/
Podfather Network: podfather.me
#CryptoPodcast #FrankHepworth #NewMarketTrading #YieldSchool #CryptoRegulation #DeFi #ClarityAct #GeniusAct #MiCA #SelfCustody #CryptoInvesting #InstitutionalInvesting #BitcoinETF #TokenizedRealEstate #NFTs #SmartContracts #CryptoNative #DigitalAssets #BlockchainInvesting #RoyCoughlan #PodfatherNetwork #CryptoPodcastOrg #ConnectedLeadersAcademy
