The House Finally Introduces a Stablecoin Bill, But Will Crypto Opponents Even Come to the Table?

The Breakdown

Blockworks

Investing, Business

4.8 • 786 Ratings

🗓️ 18 April 2023

⏱️ 16 minutes

🔗️ Recording | iTunes | RSS

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Summary

It’s hard to have good faith dialogue about regulation when one group involved in the discussion doesn't think the industry being regulated should even be allowed to exist. That increasingly seems to be the problem with crypto legislation. Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh.Join the discussion at discord.gg/VrKRrfKCz8.

Transcript

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0:00.0	In the wake of one of the most tumultuous years in crypto history, the conversations happening
0:05.3	at Consensus 2023 have never been more timely and important. This April, CoinDisc is bringing
0:10.5	together all sides of the crypto, blockchain, and Web3 community to find solutions to crypto's
0:15.0	thornyest challenges, and finally deliver on the technology's transformative potential. Join developers,
0:20.4	investors, founders, brands, policymakers, and more in Austin, Texas, April 26th to 28th for Consensus 2023.
0:27.1	Listeners of the breakdown can take 15% off registration with code breakdown.
0:31.6	Register now at consensus.coindus.com and join CoinDesk at Consensus 2023.
0:41.0	Thank you.com and join CoinDesk at Consensus 2020. Welcome back to The Breakdown with me, NLW.
0:47.2	It's a daily podcast on macro, Bitcoin, and the big picture power shifts
0:51.4	remaking our world.
0:53.2	The breakdown is produced and distributed by CoinDes.
0:58.4	What's going on, guys? It is Monday, April 17th, and today we are previewing the battle
1:03.7	coming up between McHenry, Gensler, the SEC, Congress. It's all going down, and we have
1:10.3	the lead in. Now, a quick note before we dive in,
1:12.4	this is the last week that the breakdown will be on the CoinDesk Podcast Network. If you listen
1:17.1	to this show via CoinDesk, you'll have to switch over to the breakdown-only feed, which you
1:21.8	can find by searching the breakdown or the breakdown NLW wherever you listen to podcasts.
1:26.3	And hey, while you're at it, you should check out
1:27.7	the Breakdown's other new shows, Bitcoin Builders and the AI Breakdown. Again, after April 23rd,
1:33.8	which is this Sunday, the breakdown will no longer be on the Coinesque Podcast Network.
1:38.8	All right, guys, today, well, we've got a little bit of spice. We're gearing up for what could
1:43.5	be a bit of a showdown tomorrow
	...

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