🇺🇸Democrats Support Crypto!

Congressman Darren Soto joined me to discuss the Democrats joining with Republicans to pass Crypto legislation

Thinking Crypto Podcast

May 30, 2024

GM Thinkers 💡

There was some incredibly bullish crypto news yesterday. Here is a quick recap:

Credit card giant MasterCard launches Crypto Credentials
“For the first time, crypto exchange users will be able to send and receive crypto using their Mastercard Crypto Credential aliases, instead of the typically long and complex blockchain addresses. “ - source
PayPal expands its PYUSD stablecoin on to the Solana blockchain
“Solana, 2nd blockchain to support PYUSD after Ethereum, boasts rapid transactions & low costs, ideal for commerce. Seamlessly connect PayPal accounts for fiat-to-crypto ease.” - source
Gemini Earn users have been made whole with $2.18 billion paid back to them:
• 97% of digital assets owed to Earn users
• $1 billion more than when Genesis halted withdrawals
• A 232% recovery from when Genesis halted withdrawals
- source

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Democrats Support Crypto!

Contrary to the narrative that Democrats are anti-crypto, which was influenced by Elizabeth Warren, many Democrats came out and voted for the repeal of the SEC’s SAB 121 and the passing of the FIT21 crypto regulation bill.

Congressman Darren Soto, Democrat from Florida, joined me to discuss and more:

Listen on Podcast Platforms:

Spotify | Apple Podcast

Topics:

Consumer Safety Technology Act which addresses AI and Blockchain consumer protection
Democrats joining Republicans in repealing SAB 121 and passing the FIT21 bill
Will President Biden come out in support of Crypto
Congress schedule and when bills maybe voted on in the Senate this year

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💥Thank You to my show Sponsors

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