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CoinDesk Podcast Network

MARKETS DAILY: We Need Regulatory Clarity to Keep Crypto Exchanges Onshore and DeFi Permissionless

CoinDesk Podcast Network

CoinDesk

Business News, Daily News, News, Tech News

4.7698 Ratings

🗓️ 14 May 2023

⏱️ 9 minutes

🧾️ Download transcript

Summary

On today’s show we’re taking a look at the consequences of the U.S.’s lack of regulatory clarity and what the important next steps are to keep crypto on-shore, courtesy of Jennifer J. Schulp, the director of financial regulation studies at the CMFA, and Jack Solowey, a policy analyst at the Cato Institute’s Center for Monetary and Financial Alternatives. Read the full story here. - This episode was edited by Ryan Huntington and produced by Adrian Blust with original music by Doc Blust & 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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0:58.8

It's Sunday, May 14th, 20203, and this is Markets Daily from CoinDask.

1:01.7

I'm Adrian Blest here again with Adam B. Levine for your weekend story.

1:06.6

On today's show, we're taking a look at the consequences of the U.S.'s lack of regulatory clarity and what the important next steps are to keep crypto onshore.

1:10.4

And just a reminder,

1:11.2

CoinDesk is a new source and does not provide investment advice.

1:18.2

Today's featured stories and a painting piece from Jack Soloway and Jennifer Schult. Mr. Soloway

1:22.4

is a policy analyst at Cato's Institute Center for Monetary and Financial Alternatives, while

1:26.8

Ms. Schultulp is the Director

1:28.0

of Financial Regulation Studies at the same Institute. Our piece today is entitled, We Need Regulatory

1:33.1

Clarity to Keep Crypto Exchanges onshore and Defi Permissionless. At Consensus 2023, Senator

1:39.1

Cynthia Lummis, a Republican from Wyoming, and Congressman Patrick McHenry, a Republican from North Carolina,

1:44.9

voiced their goals of developing legislation to clarify crypto market structure in the United States,

...

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