Another Cryptocurrency Hearing on Capitol Hill: This One Felt Different

The House Financial Services Committee on Wednesday held an open discussion about stablecoins, financial inclusion and energy.

This episode is sponsored by Quantstamp, Nexo.io and KuCoin.

On this week’s “Money Reimagined” podcast, Michael Casey and Sheila Warren discuss with CoinDesk’s managing editor of global policy and regulation, Nikhilesh De, his recent review of another cryptocurrency-themed hearing on Capitol Hill by the House Financial Services Committee.

“Today’s hearing is part of this committee’s ongoing [effort]” to understand crypto and the issues around it.’ Rep. Maxine Waters (D-Calif.), the committee chairwoman, stated as she kicked off the hearing.

Financial inclusion appeared to be a big selling point from the industry representatives, but were the congressmen and women buying it? And yet even though the tone was comparatively more positive then before, regulation seemed to still remain a major issue.

For more information and an examination of the intersection of cryptocurrency and government, read Nik De’s newsletter State of Crypto.

This episode was produced and edited by Michele Musso with announcements by Adam B. Levine. Our theme song is “Shepard.”