In this episode, host Dara Albright and guest, Congressman Tom Emmer, Ranking Member on the House Financial Services Subcommittee on Oversights and Investigations and Co-Chair of the Congressional Blockchain Caucus, discuss the evolving regulatory landscape for blockchain and cryptocurrencies as well as specific bills that could help preserve America’s standing as an economic superpower. Highlights include:
• Thoughts on why the SEC recently approved the ProShares Bitcoin ETF but rejected the VanEck spot Bitcoin ETF – despite the clear investor advantages of spot bitcoin ETFs; • Bringing clarity to cryptocurrencies so as to quell the act of regulating by enforcement; • How America can adapt to digital innovation while maintaining the privacy elements of cash; • Exposing the dangers of Central Bank Digital Currencies (CBDCs); • Legislation highlighted: H.R.4451 - Securities Clarity Act H.R.5586 - Prohibiting IRS Financial Surveillance Act H.R.6006 - Keep Innovation in America Act
“Better days are ahead and it’s going to be because we have entrepreneurs and innovators who are always willing to take risk in this country.” – Congressman Emmer
Episode 40 - The Bills that Could Help Preserve Americas Standing as a Global Economic Leader