Tech Intersect™ with Prof Tonya M. Evans Tech Intersect #149: Digital Assets, FinTech, and Inclusion: Reclaiming My Congressional Testimony Time
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“Coincidence or Coordination?” That was the name of the House Financial Services Subcommittee on Digital Assets, Financial Technology and Inclusion hearing I testified before last week. I am honored to have been invited to testify at this new subcommittee’s first hearing, but there wasn’t enough time to say everything I had prepared. I think it was also a missed opportunity by the Subcommittee to explore the impact of regulatory uncertainty on marginalized populations.
Today, I want to expand on what I did (and did not) have the chance to say during the hearing. This week, episode 149 of the Tech Intersect™ Podcast is about the federal regulation of digital assets, financial technology, and inclusion.
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Some of the talking points I go over in this episode include:
- Concerns of the SEC using its broad discretionary powers on a piecemeal basis without providing clarity or a fair opportunity to understand the rules of the industry.
- How the Biden administration’s digital currency policy doesn’t provide the framework that it claims to.
- The lack of discussion of inclusion - even though it’s in the name of the subcommittee.
- The double standard of major banks’ perception of digital currencies and assets.
Links from today’s episode:
Subcommittee on Digital Assets, Financial Technology and Inclusion Full Hearing
(My opening starts at 41:49)
Tech Intersect #135: The FTX Collapse, Congressional Hearings and Where We Go From Here
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Regulate & The Rabbit Hole by Notty Prod licensed via Creative Commons Attribution-NoDerivatives 4.0 International License. Produced by Tonya M. Evans for Advantage Evans, LLC