MARKETS DAILY: Featured Story | Elizabeth Warren's Crypto Bill Is Likely Unconstitutional and Unlikely to Pass

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4.7 • 698 Ratings

🗓️ 17 December 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress. Today's episode is sponsored by CME Group. To get the show every day, follow the podcast here. Today’s featured story is an opinion piece from CoinDesk's Dan Kuhn, titled: “Elizabeth Warren's Crypto Bill Is Likely Unconstitutional and Unlikely to Pass.” - From our sponsors: CME Group Cryptocurrency futures and options provide market-leading liquidity for bitcoin and ether trading. These cash-settled contracts give full exposure to crypto performance without the hassle of holding the physical position. No digital wallet? No problem. Trade nearly 24/7 in a transparent, CFTC-regulated market. Visit cmegroup.com/crypto to learn more. Disclaimer: This communication is not directed to investors located in any particular jurisdiction and is not intended to be accessed by recipients based in jurisdictions in which distribution is not permitted. The information herein should not be considered investment advice or the results of actual market experience. Past results are not necessarily indicative of future performance. Trading derivatives products involves the risk of loss. Please consider carefully whether futures or options are appropriate to your financial situation. - This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:43.9	Wondery, UK. That's audible.com slash Wondery UK.
0:49.7	This episode of Markets Daily is sponsored by CME Group.
0:58.2	Music This episode of Markets Daily is sponsored by CME Group. Hello, this is Markets Daily from CoinDes.
1:02.3	I'm Noel Acheson here with your featured story.
1:05.2	On today's show, we take a look at the latest proposal by Senator Elizabeth Warren
1:09.7	to push crypto development and markets
1:12.2	outside the US. We will be using Wondercraft AI voice for this episode.
1:22.3	Today's featured story is from CoinDest's Daniel Kuhn. title is, Warren's crypto bill is likely unconstitutional.
1:30.8	It's also unlikely to pass. Senator Elizabeth Warren is trying to force-feed the American
1:37.1	people a poison pill. The high-profile legislator, known today as much for her disdain of cryptocurrency
1:42.6	as for big banks, has submitted a bill for
1:45.4	consideration looking to crackdown on crypto's alleged use in illicit finance.
1:50.4	On Monday, five Democratic lawmakers joined to co-sponsor the so-called Digital Asset Anti-Money Laundering Act.
	...

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