What Proposed Crypto Bill means for Cryptocurrency + You!
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DISCLAIMER: The information contained in this video is for informational and educational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses a considerable risk of loss. The speaker does not guarantee any particular outcome.
00:41 The Story
01:13 Overarching Goal – Crypto Framework
02:07 Digital Asset Security Innovation
02:42 Commodities vs Securities?
03:50 SEC vs CFTC
05:00 Gary Gensler – Crypto is Mine
05:18 Could this Trigger SEC Action a la Spot ETF?
05:41 ESG on heels of Potential NY Ban
08:52 Impact on Stablecoins
09:52 Impact on Alts
10:42 Impact on Miners
11:30 Impact on POW Miners
13:00 Impact on NFTs
13:20 Impact on Lending
14:00 CBDC Ban Language
15:20 A Long Way to Go…
15:40 Chances of Bill Passing?
16:31 Saylor Effect