crypto in congress 2022: rep. darren soto - coindesk

Crypto in Congress 2022: Rep. Darren Soto – Coindesk

A representative perspective on the state of crypto legislation.
Michael J. Casey
Sheila Warren
This episode is sponsored by Quantstamp and Nexo.io.
Download this episode
“We can’t use 1920s to 1940s definitions in securities laws for digital assets … We need to bring our laws into the 21st century,” Rep. Darren Soto (D-Fla.) says.
Cryptocurrency has emerged as a topic around which representatives from both sides of the aisle can create coalitions with aligned interests and values while constructively disagreeing on other matters. Last year, Rep. Tom Emmer (R-Minn.), a co-chairman of the Congressional Blockchain Caucus, joined “Money Reimagined” to discuss how crypto is being received in Congress.
In this episode, hosts Michael Casey and Sheila Warren are joined by Soto, the second co-chairman of the caucus, to provide a Democrat’s perspective on the state of crypto legislation. Soto introduced two bipartisan bills last summer, the Blockchain Innovation Act and parts of the Digital Taxonomy Act, which were the first blockchain bills to ever pass the House as part of H.R. 3723, the Consumer Safety Technology Act.
Soto explains the many challenges facing crypto’s advocates in Washington, from educating colleagues to outdated securities laws. With representatives like Soto and Emmer pushing for more education, recognition and legislation for crypto, will 2022 bring more certainty and jurisdiction to the industry?
This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and additional production support by Eleanor Pahl. Our theme song is “Shepard.”
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.
@2021 CoinDesk

source

Leave a Comment

Scroll to Top