Season 1 stared coincenter &BlockchainAssn lobbyists working in WeWork offices. Season 2 followed Facebook’s doomed Libra project. After FTX, the stakes are high for policy influencers on Capitol Hill, RonwHammond writes for PolicyWeek. Opinion.
a crypto tax provision tucked into President Joe Biden’s hallmark legislation, the bipartisan infrastructure bill. The cast of characters grows into an ensemble, and each crypto faction splinters the ecosystem further.brings a new set of major players, and none is more important than Sam Bankman-Fried – a personality so large that he’s known only by his initials, SBF.
As the lights go up, in one corner stands Rep. Patrick McHenry , now chair of the House Financial Services Committee. He has expressed interest in market structure legislation and parameters around stablecoin issuers. Dealing with those two issues may garner a hefty amount of support from both sides of the aisle. In the other corner stands Sen. Sherrord Brown , McHenry’s crypto polar opposite.
This season will include new characters including former Treasury employee Rep. French Hill and Rhodes scholar Rep. Jim Himes . These members, and several others, are seen as some of the sharpest minds in Congress, their backgrounds in traditional finance. While they approached crypto in seasons 1 and 2 with pronounced skepticism, they have gravitated toward issues that blend the two realms, such as stablecoin regulation.
We talk openly about policy proposals with our communities on Twitter, engage in debates on Discord and advocate for our digital rights in the metaverse. It is not your standard lobbying world and not for everyone. But for those who like a challenge, believe in the potential of this technology to make a positive impact on society and embrace the day-to-day media frenzy that has defined this industry, we welcome you to the show.
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