Trump's Crypto Involvement Will Create 'Ongoing Conflicts of Interest'

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CoinDesk

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4.7 • 698 Ratings

🗓️ 4 March 2025

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

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Summary

Former CFTC chairman Timothy Massad shares insights into the regulatory framework for crypto in the U.S. Research fellow at the Harvard Kennedy School and Former CFTC Chairman Timothy Massad, joins CoinDesk with insights into the establishment of a regulatory framework for digital assets in the U.S. Plus, why President Trump's involvement in crypto will "create ongoing conflicts of interest." This content should not be construed or relied upon as investment advice. It is for entertainment and general information purposes. - Friends, DeFi is having a moment — Uniswap Labs' web app and wallet connect you to the excitement. Swapping and bridging are simple, low cost, and lightning fast across 13 chains, including Base, Arbitrum and Unichain, the new Layer 2 network designed for DeFi. Thanks to deep liquidity on Uniswap Protocols, you get minimal price impact on every trade, now with even greater efficiency through Uniswap v4. Swap, send, on-ramp, off-ramp, and bridge into a bright future — get started at uniswap.org. - This episode was hosted by Jennifer Sanasie. 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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0:49.3	I think it's totally wrong for him to have launched two meme coins two days before inauguration.
0:55.0	It was just a money grab. It was a pump and dump scheme. It's a conflict of interest.
1:00.0	And it's going to create ongoing conflicts of interest because people that might want to curry favor with the administration,
1:07.0	whether those are companies or foreign countries, might buy those meme coins in order to try to do so.
1:19.1	Our next guest gave testimony at the Senate Banking Committee's subcommittee hearing called
1:23.3	Exploring Bipartisan Legislative Frameworks for Digital Assets.
1:26.9	Joining me now is Research Fellow and Director of the Digital Assets Policy Project at the Harvard
1:31.8	Kennedy School and former CFTC Chairman Timothy Massid.
1:35.8	Welcome to the show, Chairman.
1:37.4	Thank you for having me, Jen.
1:39.0	President Trump, I want to talk to you a little bit about his involvement in the
	...

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