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Ritchie Torres
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Stance from 2024-02-16
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Ritchie Torres reposted the post below
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blockchain tipsheet
@blockchaintpsht
Interview: @RepRitchie Torres makes progressive case for digital assets.... today's tipsheet Read: blockchaintipsheet.com/legislation/re… * Progressive case for crypto: "If you’re concerned about the concentrated power of 'Big Tech' and Wall Street, there’s a compelling alternative to be found in crypto." * Stablecoin law: "I could imagine a regime of tiered regulation in which… if a stablecoin reaches a certain size or passes a certain threshold, then it’s primarily subject to federal regulation." * The SEC: "I fundamentally disagree with the approach that [Chair Gary Gensler] has taken with respect to crypto. The first has been… a lack of regulatory clarity..." * Ethereum ETF: "If it’s compliant with the law, then it should be granted approval." * The generational divide in Congress: "...there’s a new generation of Members – like myself and [Rep. Wiley Nickel (D, NC)] – who are much more receptive to the potentialities of emerging technologies..." * Regarding the CRA resolution on SAB 121: "If it came to the floor for a vote, I would vote for it."
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2024-02-16T14:00:23.000Z
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Very Pro-Crypto

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