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Amidst a wide-ranging crackdown on all kinds of crypto players, Representative Tom Emmer talks about recent enforcement actions, the classification of cryptocurrencies as securities or commodities, the potential impact of US regulatory actions on the country\u2019s global economic power, and the Federal Reserve's upcoming payment system. He touches on the importance of innovation and entrepreneurship in the crypto industry and the role of government in fostering these developments.\n\nShow highlights:\n\nwhy Rep. Emmer thinks there's an operation to cut crypto off from the banking system\n\nhow, as he puts it, Sen. Elizabeth Warren has been 'dancing on the grave' of the recent banking failures\n\nhow the interest in crypto in Congress has changed over time, especially after the Infrastructure bill in 2021\n\nwhether the CFTC lawsuit against Binance represents an "appropriate" use of enforcement actions\n\nwhy Rep. Emmer says that bureaucrats are trying to polarize blockchain technology\n\nhow the US\u2019s attitudes toward crypto could affect the country\u2019s global power\n\nwhy he is against FedNow, the new Federal Reserve's payment system\n\n\nThank you to our sponsors!\n\nCrypto.com\n\n\nRailgun DAO\xa0\n\nGuest\nCongressman and House Majority Whip Tom Emmer\nPrevious appearances on Unchained: Rep. Tom Emmer, One of the Most Active Crypto Congress Members, on Taxes and DeFi\n\nLinks\nOperation Choke Point 2.0:\n\nCoverage of Unchained Podcast on the topic: Is the Government Trying to Kill Off Crypto in the US?\n\n\nOperation Choke Point 2.0 Is Underway, And Crypto Is In Its Crosshairs\n\n\n\nEnforcement actions\n\nUnchained:\n\nCFTC Sues Binance and CZ Over US Regulatory Violations\n\nSEC Issues Coinbase a Wells Notice\n\nCoverage of Unchained Podcast on the recent regulatory crackdown:\xa0\n\nWhy the CFTC Case Against Binance Will Have Very Important Consequences for Crypto\n\nCoinbase\u2019s Top Lawyer Calls SEC Wells Notice a \u2018Massive Overreach\u2019\xa0\n\n\nLearn more about your ad choices. Visit megaphone.fm/adchoices