The Importance of Cryptocurrencies in the Economy

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The House Financial Services Committee is expected to pass legislation banning central bank digital currencies after the Easter break. Congress needs to put those guardrails in place and we need to do it quickly because we're losing out on this innovation, he says. "I don't think crypto has ever been a major issue in a presidential election but next year or so, we're going to have another one"

Representative Tom Emmer is a U.S. Representative for Minnesota, and is the serving House Majority Whip as of this year, making him one of the highest-ranking members of the U.S. House of Representatives. He has been an outspoken advocate of crypto and has rung the alarm bells as to what seems to be the politically-driven debanking of crypto in the United States of America.

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------ Timestamps:

0:00 Intro 5:35 Function of the House Whip 7:06 Crypto’s Priorities 8:42 Does the U.S. Hate Crypto? 12:30 Operation Choke Point 2.0 16:00 What Do We Do? 21:01 Economic Report & Partisanship 31:46 Are We Close to Common Ground? 36:46 Crypto’s Role in the 2024 Election 39:37 Closing & Disclaimers ------ Resources:

Representative Tom Emmer https://twitter.com/GOPMajorityWhip https://twitter.com/GOPMajorityWhip/status/1636008298481680384 https://twitter.com/GOPMajorityWhip/status/1633970248549269511

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