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💥HUGE Crypto Regulation News🇺🇸
Representative Patrick McHenry and Congressman Glenn “GT” Thompson released a bill which clarifies the SEC & CFTC roles in regulating crypto
Yesterday afternoon a huge crypto bill draft was released by Representative Patrick McHenry and Congressman Glenn “GT” Thompson. This is the biggest crypto legislation of the year and aims to clarify the roles of the SEC and CFTC on regulating the crypto asset class. This is the bill the entire industry has been waiting for!
Full draft (162 pages) - https://docs.house.gov/meetings/AG/AG00/20230606/116051/HHRG-118-AG00-20230606-SD003.pdf
Bill Summary - https://docs.house.gov/meetings/AG/AG00/20230606/116051/HHRG-118-AG00-20230606-SD002.pdf
Here is my interview with Hailey Lennon who is a partner at Brown Rudnick. She was previously Regulatory Counsel at Silvergate Bank. In this interview we discuss US crypto regulations, FTX impact on crypto enforcement actions, Silvergate Bank and other bank collapses, SEC versus Coinbase, Ripple XRP, and Grayscale and much more.
Here is my interview with James Diorio who is the CEO & Jake Ryan who is the CIO of Tradecraft Capital - they are also the Authors of the book Crypto Decrypted.
Safely Store Your Crypto With A Ledger Hardware Wallet