End of an era! Thank you, @HesterPeirce, for your many years of service fighting for sound crypto policy at the SEC. The impact of your tenure at @SECGov will only grow over time as global capital markets accelerate their move on-chain.
A big thank you to @SummerMersinger for her years of service advancing crypto policy and financial innovation, first at the CFTC, then leading @BlockchainAssn. It's been a pleasure working with Summer these past two years. We would not have achieved all that we did without her
I've spent the past year and a half leading the Blockchain Association through one of the most consequential periods in its history. I'm incredibly proud of what our team accomplished together, especially in navigating a challenging and rapidly evolving environment for the
There鈥檚 no sense in sugarcoating it: today鈥檚 vote was a major disappointment鈥攁nd, I believe, a failure of American leadership. The full cost of today鈥檚 result may not be known for years to come, but this much is clear: it increases the risk that the standards that global
If the DC banking lobby were serious about their deposit flight argument, they would be aggressively whipping Senators, both Republican and Democrat, to get on the bill and then push for changes after. Because if this bill fails, they get none of the protections they claim to
Many of us have mentioned how the stablecoin yield debate playing out in Clarity, and the arguments made against yield by the bank trades, mirror the battle over money market funds in the 1970s. Well here's some proof.
Here's a letter submitted by the Independent Bankers