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Democratic congressional leaders are LEANING IN on crypto, it's great to see! Thank you for the opportunity to meet and discuss issues of substance
@RepMaxineWaters &@SpeakerPelosi.https://twitter.com/ChrisBrummerDr/status/1501993968694927364 …
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Jeremy Allaire Retweeted
Circle CEO
@jerallaire on President Biden's executive order to investigate crypto regulation: "A big piece of what this executive order does is it orders federal agencies to get smart, to get educated, to do the work, to understand this... because of its importance."pic.twitter.com/EYYZt4O4w8Thanks. Twitter will use this to make your timeline better. UndoUndo -
Jeremy Allaire Retweeted
Just finished reviewing Biden’s Executive Order on Digital Assets… Here are a few thoughts:
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Jeremy Allaire Retweeted
Great joining
@joshualipsky at the@ACGeoEcon for a rapid round on the@WhiteHouse#CryptoEOhttps://twitter.com/acgeoecon/status/1501622343269072896 …
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Going live on Yahoo Finance TV in a few minutes: https://finance.yahoo.com/
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Jeremy Allaire Retweeted
Aid recipients and end users all over the world are benefiting from
#stablecoins like#USDC. See how@aidtechnology is integrating USDC into their efforts in the latest episode of The Money Movement.pic.twitter.com/Uj89WCjy4yThanks. Twitter will use this to make your timeline better. UndoUndo -
Tune in now to Bloomberg TV where I will be talking about the WH Exec Order on Crypto
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And really excellent thinking on the EO from
@TomicahTD -https://medium.com/@Tomicah/a-turning-point-for-web3-and-perhaps-democracy-e2c5185bb0c3 …Thanks. Twitter will use this to make your timeline better. UndoUndo -
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For those of us in the crypto community, IMHO this E.O. should be viewed as the single biggest opportunity to engage with policy makers on the issues that matters. The proverbial doors of policymakers are WIDE OPEN, this is now a NATIONAL conversation in the U.S. (7/7)
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While there is reference to continued research into CBDC, the E.O. is appropriately focused on the here and now of rapid growth in digital assets and stablecoins, and getting it right so that these technologies can flourish in a responsible manner. (6/7)
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In many cases, the E.O. sets out initiatives to explore and engage in constructive problem solving around known risks that exist with the legacy financial system (LFS), and the new Web 3 world. Privacy, security, financial inclusion, global competitiveness for USD, etc. (5/7)
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We are at a turning point in geopolitical and geo-economic systems and history, and the U.S. now has the opportunity to lean into an open, internet-native economic infrastructure while others focus on closed, tightly-controlled and privacy-eroding alternatives. (4/7)
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Specifically, the EO calls for nearly every relevant Federal agency to take on understanding and developing policy positions that understand and address risks, but vitally, that support innovation and U.S. national economic competitiveness. (3/7)
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The U.S. seems to be taking on the reality that digital assets represent one of the most significant technologies and infrastructures for the 21st century; it's rewarding to see this from the WH after so many of us have been making the case for 9+ years. (2/7)
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White House Exec Order and U.S. Government Strategy for Digital Assets -- a thread with thoughts; TLDR = this is a watershed moment for crypto, digital assets, and Web 3, akin to the 1996/1997 whole of government wakeup to the commercial internet. (1/7)
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Let's get building more payment apps with crypto!https://www.wsj.com/articles/visa-mastercard-prepare-to-raise-credit-card-fees-11646743166 …
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Jeremy Allaire Retweeted
(1/4) With Congress putting even more focus into crafting legislative proposals to regulate
#stablecoins, the pressure is on to get it right. New legislation must set clear guardrails to promote stability and transparency while not stifling innovation.
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More fast, cheap, easy usdc mobile payments....https://twitter.com/glowwallet/status/1499422059029483521 …
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