Another Cryptocurrency Hearing on Capitol Hill: This One Felt Different

This episode is sponsored by Quantstamp, Nexo.io and KuCoin. On this week’s “Money Reimagined” podcast, Michael Casey and Sheila Warren discuss with CoinDesk’s managing editor of global policy and regulation, Nikhilesh De, his recent review of another cryptocurrency-themed hearing on Capitol Hill by the House Financial Services Committee. “Today's hearing is part of this committee’s ongoing [effort]” to understand crypto and the issues around it.’ Rep. Maxine Waters (D-Calif.), the committee chairwoman, stated as she kicked off the hearing. Financial inclusion appeared to be a big selling point from the industry representatives, but were the congressmen and women buying it? And yet even though the tone was comparatively more positive then before, regulation seemed to still remain a major issue.  For more information and an examination of the intersection of cryptocurrency and government, read Nik De’s Newsletter ‘State of Crypto’.  This episode was produced and edited by Michele Musso with announcements by Adam B. Levine. Our theme song is “Shepard.” - Quantstamp is the leader of blockchain security, having secured over 100 billion USD worth of digital assets. Visit quantstamp.com to learn why top DeFi projects like Maker, Compound and BarnBridge trust Quantstamp to secure the financial infrastructure of tomorrow. Learn more at quantstamp.com/blog. - Nexo is a powerful, all-in-one crypto platform where you can securely store your assets. Invest, borrow, exchange and earn up to 12% APR on Bitcoin and 20+ other top coins. Insured for $375M and audited in real-time by Armanino, Nexo is rated excellent on Trustpilot. Get started today at nexo.io. - KuCoin was listed on Forbes Advisor’s “The Best Crypto Exchanges Of 2021,” which highlighted hundreds of tradable coins, low fees, plus automated and margin trading. Sign up NOW to claim a $500 welcome bonus at KuCoin.com. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.