Another cryptocurrency hearing on Capitol Hill: It feels different

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This episode is organized by Quantstamp, Nexo.io and Kucoin.

In this week’s “Money Reimagined” podcast, Michael Casey and Sheila Warren discussed with CoinDesk’s Global Policy and Regulatory Editor-in-Chief Nikhilesh De about another cryptocurrency-themed event that he recently held on Capitol Hill by the House Financial Services Committee. Comments from the hearing.

“Today’s hearing is the committee’s ongoing [effort]”Understand encryption and the issues surrounding it.” Committee chairperson Maxine Waters (California Democrat) said at the beginning of the hearing.

Financial inclusion seems to be a big selling point for industry representatives, but have members of Congress and women bought it? However, even if the tone is more positive than before, regulation still seems to be a major issue.

For more information and inspections on the intersection of cryptocurrencies and governments, please read Nik De’s newsletter Encryption status.

This episode was produced and edited by Michele Musso, and announced by Adam B. Levine. Our theme song is “Shepard”.

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