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CRYPTO 101

Ep. 577 Regulation Update From Washington DC with Bill Hughes of Consensys

CRYPTO 101

Bryce Paul & Brendan Viehman

Business, Investing

4.6821 Ratings

🗓️ 12 December 2023

⏱️ 54 minutes

🧾️ Download transcript

Summary

In this episode of Crypto 101 we have Bill Hughes who currently is Consensys’ Senior Counsel and Director of Global Regulatory Matters. You could not have a better guest for this topic as Bill has an extensive background in law, is a former Deputy Director at the White House, and has testified in DC on behalf of helping build the regulatory framework for crypto. This is A MUST listen as Bill has some great thoughts around all regulation things you see online and in the news so come prepare to learn how a Washington DC insider is seeing this play out in real time.


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Guest Links:

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https://consensys.io/


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Transcript

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0:00.0

All right, ladies and gentlemen, boys and girls, gather round.

0:14.3

I don't care if it's the mobile phone.

0:16.3

You're on your way to work.

0:17.5

I don't care if it is the TV.

0:19.9

You got us on Spotify. Wherever it is, you guys are in the

0:22.8

right place. Turn it up. We are excited. We are passionate about the crypto revolution and all of our

0:30.4

guests who come on here. And we've got an incredible guest. You guys know me. I'm Bryce.

0:35.2

Brendan, how are you doing today, my man? You know, I'm doing pretty good.

0:39.5

Crypto markets are hot. You were texting me earlier. I hope you're, uh, you're feeling a little better.

0:43.9

You know, I am feeling a little bit better. I think that the, uh, the bull market is helping me out.

0:47.9

It's like my pocket vitamin D. Yeah. Yeah, it's, it's crazy, you know, Bitcoin, Ethereum, the whole market trading really well. We've been here

0:58.2

for several years, and I felt like a big breath of relief kind of today as the market just continues

1:05.4

to roll higher, you know, coming out of just a bear market. And the bear market breeds skepticism and it breeds

1:12.1

all sorts of stuff. But what a bear market also does is it cleans up the space. We've had

1:18.3

just complete liquidations of leverage and bad actors from the doquans, from the SBFs and

1:26.3

CZ from Binance just kind of made his departure. And so, you know,

1:32.2

the bull markets are fun, but, you know, we really earn it during a bear market because, you know,

1:38.7

it's it's been a long time coming when we see really, really fun, you know, high rate of change

1:43.8

to the upside prices.

1:45.3

But things are good and things are evolving on many different fronts.

1:48.8

And we've got an incredible guest today.

1:51.0

And I want to introduce you guys to him.

...

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