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BTC142: Bitcoin Policy Update Q3 2023 w/ Perianne Boring (Bitcoin Podcast)

4 snips
Aug 9, 2023
Perianne Boring, Founder and CEO of the Chamber of Digital Commerce, dives into the current political landscape surrounding Bitcoin. She discusses the significance of recent bills like the Financial Innovation and Technology Act and the Lummis-Gillibrand bill. Perianne shares insights on presidential candidates' Bitcoin policies and their potential economic impacts. The conversation highlights the importance of clear regulations and civic advocacy in driving innovation within the cryptocurrency space, along with education around Bitcoin mining and its role in energy policy.
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INSIGHT

Market Structure Bill

  • The FIT for the 21st Century Act clarifies digital asset regulation, defining digital commodities and restricted digital assets.
  • This bill addresses the need for regulatory clarity, a major concern for institutional investors.
INSIGHT

SEC Politicization

  • The SEC's increasing politicization poses a challenge for digital asset regulation.
  • Partisan politics influence regulatory decisions, creating confusion and risk for businesses.
ANECDOTE

RFK Jr.'s Bitcoin Policy

  • Presidential candidate RFK Jr. proposed backing US Treasury bills and bonds with Bitcoin and other hard assets.
  • This aims to strengthen the dollar and reduce interest rates.
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