CoinDesk Podcast Network
MARKETS DAILY: Crypto Update | Democrats Need to Be the Party of 'Innovation': Rep. Ro Khanna
Jul 31, 2024
Rep. Ro Khanna, a California Congressman championing innovation and crypto regulation, shares his insights on the evolving crypto landscape. He argues for a shift toward a pro-crypto stance in U.S. politics to boost economic growth. Khanna discusses the importance of bipartisan support for sensible regulations, specifically to engage younger generations and revitalize struggling areas. He even suggests that the Federal Reserve could consider Bitcoin as a reserve asset to enhance financial stability. It's a call for innovation in a polarized climate.
16:21
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Quick takeaways
- Rep. Ro Khanna emphasizes the urgency for the Democratic Party to adopt a pro-crypto approach to maintain innovation and economic growth.
- The podcast highlights the need for bipartisan efforts in establishing clear regulations that foster the U.S. as a leading hub for crypto innovation.
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