The First Comprehensive US Crypto Legislation Is Here



This episode is sponsored by Nexo.io, NEAR and FTX US.

After months of anticipation, new landmark crypto legislation has arrived. Senators Cythnia Lummis (R-Wyo.) and Kirsten Gillibrand (D-NY) released their Responsible Financial Innovation Act today. The bill covers a huge swath of the digital asset space, from stablecoins to tokens. In this episode, NLW recaps the key features of the bill as well as shares the community’s first impressions.

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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don’t Know How To Explain It” by Aaron Sprinkle. Image credit: JTSorrell/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

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DON’T GET TOO EXCITED ABOUT THE NEW CRYPTO BILL. HERE’S WHY…



Senator Cynthia Lummis new crypto bill affects everything from Bitcoin, Ethereum, Cardano and Solana (among others). It’s a GREAT step forward BUT don’t get too excited about it and here’s why with Special Guest DJ Crypto

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👀 WATCH Q&A FROM Today’s LIVESTREAM HERE – 👉 https://youtu.be/Cf4jHm-9jJ8

0:00 – Market Recap | Topics Overview
4:10 – Here’s the Bill… but DON’T GET EXCITED
6:26 – How Did We Get Here? One Word – MONEY
10:23 – Bill Guts & DJ Crypto From BUY THE DIP, SELL THE TIP

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The below links are affiliate links. If you open an account using my affiliate link, I’ll earn a commission which is paid by Voyager, not by me.
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●▬▬▬▬▬▬▬▬DAILY STORY LINKS▬▬▬▬▬▬▬▬▬●

Story #1 LINK – https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf

Story #2 LINK – https://finance.yahoo.com/news/senators-unveil-crypto-regulation-proposal-112104967.html?soc_src=social-sh&soc_trk=tw&tsrc=twtr

Story #3 LINK –https://www.bloomberg.com/news/articles/2022-06-02/crypto-industry-eclipses-defense-big-pharma-in-political-giving#xj4y7vzkg

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#BITCOIN #ETHEREUM #CRYPTO

●▬▬▬▬▬▬▬▬DISCLAIMER▬▬▬▬▬▬▬▬▬●

***NOT FINANCIAL, LEGAL, OR TAX ADVICE! This channel is for entertainment purposes only and is just my opinion as I am not an expert or a financial planner. Please perform your own research.

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