6min chapter

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#060 Making Data Honest (and Valuable) with Omar ElNaggar (Weavechain) and Zach Pettet (Money20/20)

Smart Friends

CHAPTER

The New York Department of Financial Services Is Pioneering Cryptocurrency

The CFTC is the Commodity Futures Trading Commission, which gets involved in a lot of regulation when it comes to web three crypto. The New York Department of Financial Services is trying to go and pioneer here. It was really interesting just seeing that every two week you're having a new notification from the Fed or the FDIC about what's going on with FTX. And I think these broader, you know, kind ofthese acronyms are also starting to actually listen to the Omar's of the world and listen to the people that are doing the real work.

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