Tomorrow, Wednesday, at 10:00 AM the House Financial Services Committee will be holding a hearing over the SEC’s political approach to crypto. Recently the stress at work and weather have been beating the hell outta me and I haven’t gotten around to do the write up in some recently introduced/discussed crypto leg. Five bills will be discussed with the witnesses who will provide critical feedback to the legislators.
This will be live-streamed through the link as well as on YouTube. Work and health permitting I will be watching this live and putting together something over what I got out of it and things people might have missed the importance of. I will likely post about this hearing again in the morning so people are aware of it!
Also let’s give it up to the financial services committee for the hearing title! Dazed and Confused: Breaking Down the SEC’s Politicized Approach to Digital Assets Is a hell of a good title!
Every time I hear something about politicians this song is in my head https://www.youtube.com/watch?v=Qs-n-rtd-PI
hearing over the SEC’s political approach to crypto.
TOTALLY MEANINGLESS for Bitcoin
reply
I love c span lol
reply
What do you think will be said? You wont be sleeping through this meeting? Like the last time? lol
reply
Looking at the witness list (on the front page of the link) you have companies that are struggling with the lack of clarity for instance Robinhood and Bitwise Asset management as well as former SEC officials and legal scholars.
This type of balanced panel will really allow Members to ask good solid questions about what the legislation they are proposing will do (I haven’t had a chance to go through them all yet but one hits banks holding crypto and not making it be a liability for them. Another touches on NFTs and how they are not investments unless specified. If I’m feeling okay tomorrow I will go through them before and try and write up something!
reply
That will be interesting to see. I dont want to sit through hours of them droning on.
reply
It’s something all have on while doing something else esp during the Q&A part. Opening statements should be good all around tho
reply
I hope they are not ignorant about the subject. The facebook meeting was horrible
reply
McHenry, Emmer, Davidson, Torres, and a few others are super pro and want to figure out how to make this all work. I got faith in them… Maxine Waters and Brad Sherman are gunna suck though
reply
California congressmen
Maxine needs to retire, too old, too many terms. A good example of why we need term limits
reply