Ryan Sean Adams (rsa.eth)
@rsa.eth
Biden Administration says it will veto legislation to allow banks to actually custody crypto - it would “disrupt the SEC’s work to protect investors” This will cost them votes. If they’re doing this before Nov I’m scared for what comes after Nov. Seems they no longer care.
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timdaub
@timdaub.eth
I don‘t understand why people care. Why would banks want to custody crypto? This entire technology was built to move banks, yet the common argument of Americans is bank and tradFi friendly regulation
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