Regulation
What’s the Key to Cryptocurrency Regulation? Circle’s Global Policy Chief Speaks Out | Video
A lot of good and bad things have happened to our industry on Twitter crypto, for example, in the stablecoin category, every time you had to turn to Twitter to make promising statements to the market of the Jerry Maguire variety. Show me the money. In many cases, there was very little money there and we ended up with the Terra Lua disaster. And I think that’s the same today, right? The 71 Democrats who voted for Fit 21 or, or voted for example, to repeal SAB 21 and voted for the Stable Queen legislation in the House Financial Services Committee. All of them are a demonstration of this idea of consensual laws that are passed when consensus is formed and consensus cannot be formed. If we’re having a tribal fight and you’re pointing to Twitter, consensus is actually formed by human contact. No surprise there. And it’s a, it’s a, it’s all about building trust.