Congress Grills Gensler on Anti-Crypto Stance

The Breakdown

Blockworks

Investing, Business

4.8 • 806 Ratings

🗓️ 20 April 2023

⏱️ 20 minutes

🔗️ Recording | iTunes | RSS

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Summary

Securities and Exchange Commission Chair Gary Gensler has positioned himself as crypto’s biggest opponent in Washington, D.C. Tuesday, however, a House oversight hearing took Gensler to task for his regulation by enforcement and his inability or unwillingness to provide the crypto industry with clarity. But was it all just political theater? “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Join the discussion at discord.gg/VrKRrfKCz8.

Transcript

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0:00.0	In the wake of one of the most tumultuous years in crypto history, the conversations happening
0:05.5	at Consensus 2023 have never been more timely and important.
0:09.5	This April, CoinDest is bringing together all sides of the crypto, blockchain, and Web3
0:12.9	community to find solutions to crypto's thornyest challenges, and finally deliver on the
0:17.6	technology's transformative potential.
0:19.6	Join developers, investors,
0:26.1	founders, brands, policymakers, and more in Austin, Texas, April 26 to 28th for Consensus 2023. Listeners of the breakdown can take 15% off registration with code breakdown.
0:31.7	Register now at consensus.coindus.com and join CoinDesk at Consensus 2023.
0:39.0	Thank you.com and join CoinDesk at Consensus 2020. Welcome back to The Breakdown with me, NLW.
0:47.3	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
0:53.3	The breakdown is produced and distributed by CoinDes.
0:58.1	What's going on, guys?
0:59.3	It is Wednesday, April 19th, and ho-ho-ho do we have one for you today.
1:04.6	We are discussing, of course, SEC Chair Gary Gensler getting grilled in front of Congress on his anti-crypto stance.
1:12.7	A quick note before we dive in, you know the drill by now.
1:15.3	Last week, we announced the breakdown network.
1:17.0	That includes two new shows, Bitcoin Builders, which, by the way, go watch the Steve Lee interview.
1:23.2	It's a really, really fun conversation about lightning and Bitcoin development, as well as a daily
1:27.9	AI breakdown, which is also available on YouTube and as a podcast.
1:32.1	Now, as part of all that, this show will be leaving CoinDesk.
1:35.9	Therefore, if you are listening to The Breakdown on the Coin Desk Podcast Network, Sunday, April
1:40.4	23rd is the last day you'll be able to hear it where you listen.
	...

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