MONEY REIMAGINED: Amidst Congressional Turbulence Senators Gillibrand and Lummis Speak on Overhauling Regulations at ‘State of Crypto’ in DC
CoinDesk Podcast Network
CoinDesk
4.7 • 698 Ratings
🗓️ 22 November 2023
⏱️ 32 minutes
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| 0:43.9 | Wondery UK. That's audible.com slash Wondery UK. |
| 0:49.8 | This episode of Money Reimagined is sponsored by CME Group and PayPal. |
| 0:54.2 | The narrative is important and you as industry participants can have a role in shaping that narrative |
| 1:00.1 | by writing op-eds, by writing thoughtful pieces, by asking for meetings with Senate and House |
| 1:05.7 | offices, by informing mainstream financial services about use cases and what works and what doesn't work and why. |
| 1:13.8 | But there's so much misinformation about everything from FTX to Hamas. |
| 1:19.4 | And I think it is incumbent upon people who are knowledgeable to spread truth and to make sure |
| 1:24.3 | people understand what they're actually talking about. |
| 1:26.3 | As we have watched the |
| 1:28.5 | litigation occur at the SEC, it was our perception that the SEC was trying to basically expand |
| 1:36.0 | the definition of the Howie test that had been used in over 200 Court of Appeals cases in the United States. So we went through and tried to find |
| 1:48.1 | what is the state of the definition of the Howie test today, the test that basically |
| 1:52.5 | determines what is a security. And we think we've captured it in our bill. |
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