Cryptocurrency Legislation and Political Defiance

Matt and Nic are back with another week of news and deals. In this episode:

• The Senate votes to repeal SAB121
• Which Democrats defied Biden on SAB121?
• Chuck Schumer breaks with Warren
• Paul Ryan’s pro-stablecoin comments on Bloomberg
• CME is launching a spot crypto exchange
• The State of Wisconsin owns over $100m of Bitcoin ETFs
• Pump.fun exploited
• MEV exploiters arrested by the DoJ
• What’s up with Roaring Kitty?

Content mentioned in this episode:

• Matt Hougan, Who’s Buying Bitcoin ETFs (According to 13F Filings)
• David Morris, What President Biden’s Crypto Politics Might Really Be About
• Rep Mike Flood and Wiley Nickel, It’s time to overturn SAB 121

Sponsor notes:

• Bitcoin’s Halving Aftermath
• In Coin Metrics' State of the Network issue 259, we analyze the impact of Runes and miner revenues in Bitcoin's post-halving landscape