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Unchained

Congressman French Hill on Crypto and His Top Pick for the Next SEC Chair- Ep. 677

Unchained

Laura Shin

News, Tech News, Business News

4.51.3K Ratings

🗓️ 19 July 2024

⏱️ 39 minutes

🧾️ Download transcript

Summary

In this episode of Unchained, Congressman French Hill provides an insider's perspective on the present and future of crypto regulation. Hill delves into the ongoing legislation and the implications of the FIT21 Bill, shares his views on who should succeed Gary Gensler as SEC chair if Trump is re-elected, and discusses the controversial role of the CFTC in regulating the crypto industry. He also touches on the potential impacts of the Chevron doctrine being overturned by the Supreme Court, Trump’s evolving stance on crypto, and the latest developments in the Binance executive detention case in Nigeria. Show highlights: 00:00 Intro 01:26 How Rep. Hill's long-time passion for technological advancement led to his involvement in crypto and blockchain 04:00 The current state of ongoing legislation and why Rep. Hill is proud of the FIT21 bill 08:49 Who would be his top pick to chair the SEC if Trump is re-elected as president 11:42 Why he supports having the CFTC regulate the spot crypto markets 12:40 How he thinks teams should launch tokens in the US 15:02 How he thinks the overturning of the Chevron doctrine will impact crypto 20:02 Why Trump changed his mind on crypto, according to Rep. Hill 23:14 Why Congressman Hill is running for chair of the House Financial Services Committee 25:14 The update on Tigran Gambaryan, the Binance executive detained in Nigeria, whom Rep. Hill visited recently 28:13 Crypto News Recap Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Thank you to our sponsors! iTrustCapital Polkadot PlayFi Labs Guest Congressman French Hill Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:14.7

They swept up the entire banking industry without discussing that with the Federal Reserve or the Treasury. I find that wrong, you know, a little unbelievable really, but certainly wrong. And that's why we again have strong Democratic support in overturning the approach that Gary Gensler took.

0:19.6

Hi everyone, welcome to Unchained, your no-hype resource for all things

0:26.7

crypto. I'm your host Laura Shin, author of The Cryptopians. I started covering

0:31.6

crypto nine years ago and as a senior editor Forbes was the first

0:34.7

mainstream reader reporter to cover cryptocurrency full-time. This is the July 19th

0:38.9

2024 episode of Unchained. With I trust Capital you can buy and sell crypto in a tax

0:44.8

advantage retirement account. Enjoy significant tax advantages 24-7 access and

0:49.7

the industry's lowest fees. Video accounts for over half of total internet traffic.

0:56.0

PlayFi's protocol turns content into data with cutting edge AI and blockchain.

1:01.0

Learn more at playFi.

1:02.0

AI.

1:03.0

Pocodot is the original and leading

1:05.0

Layer Zero Blockchain

1:07.0

with over 2,000 plus developers.

1:08.0

And the Pocodot 2.0 upgrade

1:10.0

will be a massive accelerator for the ecosystem.

1:13.2

Join the community at POGODOT network slash ecosystem slash community.

1:19.6

Today's guest is Congressman French Hill.

1:22.0

Welcome Representative Hill.

1:23.8

Great to be with you. Thanks Laura for the invite.

1:26.2

You serve as Vice Chairman of the House Financial Services Committee and

1:29.7

Chairman of the Subcommittee on Digital assets, financial technology, and

...

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