Podknife - Rep. Ritchie Torres on Why Congress Should Make Clear Crypto Laws

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Rep. Ritchie Torres on Why Congress Should Make Clear Crypto Laws - Ep. 524

Podcast |: Unchained
Publisher |: Laura Shin
Media Type |: audio
Podknife tags |: Bitcoin,; Business,; Business News,; Cryptocurrency,; Investing,; Tech News,; Technology
Categories Via RSS |: Business News,; News,; Tech News
Publication Date |: Jul 28, 2023
Episode Duration |: 00:39:58

Description
Content Encoded

Crypto markets are under the gun from SEC Chairman Gary Gensler’s ‘regulation by enforcement’ policy. Meanwhile, a divided political landscape creates gridlock on Capitol Hill. Democratic Representative Ritchie Torres (NY-15) claims regulators have overstepped their bounds, while generational divide in the Democratic party slows appropriate regulatory legislation from passing. Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform. Show highlights: Why stablecoins are less dangerous than fractional reserve banking How the current system fails to protect retail investors Why Democrats and Republicans have flipped traditional stances on regulation Increased skepticism after the FTX meltdown Regulation by enforcement an abuse of power If and when a digital asset is an investment contract What he views as Prometheum’s planned political stunt Resolving crypto’s long term problems responsibly Thank you to our sponsors! Crypto.com Railgun DAO Ondo Finance Arbitrum Foundation Guest Ritchie Torres, U.S. representative Links Fortune: Ritchie Torres went from crypto ‘newbie’ to key ally in Washington. Now he could shape the industry’s post-FTX future NY Daily: A liberal case for cryptocurrency CoinDesk: Rep. Ritchie Torres: We've Seen a 'Weaponization of the SEC' From Gensler Against Crypto Industry U.S. Financial Service Committee: McHenry, Thompson, Hill, Johnson Release Digital Asset Market Structure Proposal Bloomberg Law: McHenry Says White House Torpedoed Bipartisan Stablecoin Deal NBC: Sen. Cynthia Lummis: Crypto regulation bill could prevent another FTX-style crisis Rep. Torres’s open letter to Gensler following the Ripple decision Rep. Torres’ speech Previously on Unchained Why the SEC Doesn’t Want the Ripple Case to Go to the Supreme Court New Order in SEC vs. Ripple Over XRP Is a Win for Crypto: What Happens Now? Why the SEC vs. Ripple Order Is Now About 2 Things: Coinbase and Congress Learn more about your ad choices. Visit megaphone.fm/adchoices

Listen to the episode on Apple Podcasts, Spotify, Overcast, Podcast Addict, Pocket Casts, Stitcher, Castbox, Google Podcasts, Amazon Music, or on your favorite podcast platform.

Show highlights:

Why stablecoins are less dangerous than fractional reserve banking
How the current system fails to protect retail investors
Why Democrats and Republicans have flipped traditional stances on regulation
Increased skepticism after the FTX meltdown
Regulation by enforcement an abuse of power
If and when a digital asset is an investment contract
What he views as Prometheum’s planned political stunt
Resolving crypto’s long term problems responsibly

Thank you to our sponsors!

Guest

Ritchie Torres, U.S. representative