Did FTX Ruin Cryptos Image on Capitol Hill? Two DC Insiders Discuss - Ep. 450

Published: Jan. 31, 2023, 8:30 a.m.

b"Sheila Warren, CEO of the Crypto Council for Innovation, and Miller Whitehouse-Levine, Policy Director of the DeFi Education Fund, offer insider takes on how lawmakers and regulators are viewing crypto after FTX\\u2019s catastrophic failure. Both expect heightened activity in the U.S. from what they\\u2019re calling the \\u201cCrypto Congress.\\u201d Will this be the year for stablecoin regulation? Is DeFi still in the crosshairs? What about Ripple\\u2019s fight with the SEC? The two crypto policy experts look to the U.S. and beyond for what regulatory battles lie ahead in 2023.\\n\\nShow highlights:\\n\\nwhy the current environment in Washington makes it difficult to pass new legislation\\n\\nwhether the opinion of members of Congress on crypto has changed in the aftermath of FTX\\u2019s alleged fraud\\n\\nhow Elizabeth Warren and others are using the FTX collapse to prove their anti-crypto stance\\n\\nwhether it\\u2019s possible to prevent a fallout like FTX from ever happening again\\n\\nwhy Miller believes that this year Congress will be \\u201cabsolutely obsessed\\u201d with crypto\\n\\nwhat stablecoin legislation would look like, and why stablecoins are more likely to be regulated sooner\\n\\nwhy Sheila thinks Ripple could win its case against the SEC\\n\\nwhy they believe the SEC\\u2019s failure to approve a spot Bitcoin ETF is a logical inconsistency\\xa0\\n\\nwhy they think it\\u2019s not possible to apply TradFi rules to DeFi technology\\n\\nhow more policymaker education needs to be done\\n\\nhow OFAC sanctioning Tornado Cash sparked many conversations among researchers and policymakers\\n\\nthe role of the government in preserving national security\\n\\nhow MiCA took an appropriately slow approach to imposing DeFi regulations\\n\\nthe impact of China and India adopting digital currencies\\xa0\\n\\nwhy Miller thinks China\\u2019s digital yuan is \\u201cthe apotheosis of a totalitarian technology\\u201d\\xa0\\n\\nThank you to our sponsors!\\nCrypto.com\\nFTSE\\n\\nLinks\\n\\nPrevious coverage of Unchained on crypto legislation:\\n\\nWhy Bitcoin Now: Michael Casey and Niall Ferguson on How Bitcoin Fits in the History of Money\\n\\nKristin Smith on Why Crypto Legislation Could Be Passed by Year's End\\n\\nWhy Senator Pat Toomey Thinks SEC Chair Gary Gensler Is Wrong About Crypto\\n\\n\\nGuests:\\nSheila:\\nTwitter\\nMiller:\\nLinkedIn\\n\\nFTX\\n\\n\\nCoinDesk:\\xa0\\n\\nAfter FTX: How Congress Is Gearing Up to Regulate Crypto\\n\\nCongress' FTX Problem: 1 in 3 Members Got Cash From Crypto Exchange's Bosses\\n\\nAfter FTX: How Congress Is Gearing Up to Regulate Crypto\\n\\n\\n\\nCNBC: House Republicans move to regulate crypto industry with a new subcommittee\\n\\n\\nMiCA\\n\\n\\nCoinDesk:\\n\\nAnalyzing What's Next for Europe's Markets in Crypto Assets Law\\n\\nEU\\u2019s MiCA Crypto Law Would Have Stopped FTX's Malpractice, Officials Say\\n\\n\\nOthers\\n\\nProject Hamilton - Building a Hypothetical Central Bank Digital Currency\\n\\nU.S. Treasury Sanctions Notorious Virtual Currency Mixer Tornado Cash\\n\\nTornado Cash is no \\u201cgolem.\\u201d It\\u2019s a tool for privacy and free speech. - Coin Center\\n\\n\\nLearn more about your ad choices. Visit megaphone.fm/adchoices"