A First Step To Crypto Regulation, Or A Step Backwards?
Consider This from NPR · NPR
June 8, 202214m 29s
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Show Notes
Nearly everyone agrees the cryptocurrency industry needs regulation, but there are huge disagreements about what that should look like.
A Senate bill proposes a new regulatory framework for the industry. Cosponsors Cynthia Lummis (R-Wyoming) and Kirsten Gillibrand (D-N.Y.) argue that their bill hits the "sweet spot" between allowing innovation and protecting consumers.
Software engineer Molly White, who runs the blog Web3 is going just great, says that the bill is too industry-friendly, and puts into legislation the "foggy regulatory space" that crypto companies have taken advantage of.
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A Senate bill proposes a new regulatory framework for the industry. Cosponsors Cynthia Lummis (R-Wyoming) and Kirsten Gillibrand (D-N.Y.) argue that their bill hits the "sweet spot" between allowing innovation and protecting consumers.
Software engineer Molly White, who runs the blog Web3 is going just great, says that the bill is too industry-friendly, and puts into legislation the "foggy regulatory space" that crypto companies have taken advantage of.
Help NPR improve podcasts by completing a short, anonymous survey at npr.org/podcastsurvey.
In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.
Email us at [email protected].
To manage podcast ad preferences, review the links below:
See pcm.adswizz.com for information about our collection and use of personal data for sponsorship and to manage your podcast sponsorship preferences.
NPR Privacy Policy