CoinDesk Podcast Network - CONSENSUS CONVERSATIONS: Regulation, Regulation, Regulation, With Senator Cynthia Lummis; What’s the Holdup?


This episode is sponsored by Brave


We’re coming to you from the Brave Podcast Studio at Consensus 2023. Brave is the privacy browser used by almost 60 million people worldwide. It has everything you need to stay safe online. Check them out at brave.com.


During the third day of Consensus 2023, Michele Musso, senior producer of podcasts at CoinDesk, spoke with Senator Cynthia Lummis (R-Wyo.) about the current state of crypto regulation and innovation, the national security risks associated with "offshoring" crypto and Gary Gensler's message of resistance.


Additionally, the Senator discusses the importance of diversifying your portfolio with crypto and bitcoin, the devaluation of the U.S. dollar and the influence young people have in this space.


Last year both Senator Lummis and Senator Kirsten Gillibrand (D-N.Y.) introduced landmark legislation to create a regulatory framework for crypto called “The Responsible Financial Innovation Act.” They will reintroduce a revised version with more statutory language.  


See more


Read full coverage of Consensus 2023 here


S.4356 - Lummis-Gillibrand Responsible Financial Innovation Act


How the Lummis-Gillibrand Responsible Financial Innovation Act (S. 4356) Would Alter

the Crypto Regulatory Landscape



Detailed Discussion: 


Cynthia Lummis Introduction. 0:00

 The financial innovation act, responsible management of crypto assets.


Regulation regulation regulation regulation 2:15

The status of regulation in the US.

The need to legislate sooner.


Resistance message from Gensler. 4:45

McHenry spoke directly to Gary Gensler.

Gensler did not give a straight answer to McHenry.


Legislation on crypto regulation. 6:24

Playing catch-up ball, providing executive branch guidance.

Working carefully to listen to feedback post-FTX failure.


Intelligence officials have flagged national security risks. 8:08

Adjusting the bill to avoid stifling innovation.

National security risks of crypto.


Staff Accounting Bulletin 121. 9:42

Staff accounting bulletin 121 and how it is impacting the industry.

Custody assets belong to individuals.


Should I buy cryptocurrency in 2023? 11:40

Inflation is eating into the value of the U.S. dollar.

Diversified asset allocation.


The importance of diversifying your portfolio. 13:41

Have a diverse set of assets in retirement.

Get advice from knowledgeable young people.


How did the Senator become interested in Bitcoin? 15:27

Senator Lummis purchases Bitcoin.

The Satoshi roundtable in Cancun.

Elevating knowledge and discussion in the US Senate.

The need for innovation in digital assets.


 Close Out - Thank You CoinDesk! 



From our sponsor:


Brave is the privacy browser used by almost 60 million people worldwide. The built-in Brave Wallet is your secure passport to Web3. It supports over 100 chains, fiat purchases, swaps, NFTs, and even connects with other wallets and DApps. All right in your browser. No risky extensions, no spoofing. Learn more at brave.com/wallet.



This Episode of Consensus Conversations has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Music is Get Down” by Elision and Image credit: Kevin Ross.

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Motley Fool Money - Another Bank Seized & Sold

Three of the four largest bank failures in U.S. history have happened in the past two months.

(00:21) Bill Barker discusses: - Regulators seizing First Republic Bank and selling it to JP Morgan Chase - CEO Jamie Dimon's comments about the state of play in banking - Norwegian Cruise Line beating low expectations in the 1st quarter - A plot point in last night's episode of "Succession"

(15:16) Alison Southwick and Robert Brokamp continue their conversation with Motley Fool senior analyst Bill Mann about the "new normal" of investing in China.

Investments discussed: JPM, NCLH, CCL, DIS, PG, AAPL, BABA, VTI, VWO, FRDM

Host: Chris Hill Guests: Bill Barker, Alison Southwick, Robert Brokamp, Bill Mann Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl

Learn more about your ad choices. Visit megaphone.fm/adchoices

CoinDesk Podcast Network - GEN C: Evaluating the Web3 Music Ecosystem, With Oana Ruxandra of Warner Music Group

This episode is sponsored by Chainalysis.com.

Recorded live at Consensus 2023 in Austin, Texas, Oana Ruxandra, chief digital officer for Warner Music Group joins Avery and Sam on stage to discuss fandom, non-fungible tokens in music and how artists and music labels are strategizing 360 approaches to help artists’ careers.

Oana Ruxandra started her career as a financial portfolio manager before transitioning into the entertainment industry. As chief digital officer for Warner Music Group, she helps artists navigate innovation and the artist/fan engagement cycle. In this conversation, discussed live on stage in Austin at Consensus 2023, Oana sheds light on how Web3 is helping artists engage with fans, building experiences in the metaverse and the precarious landscape of generative artificial intelligence and artist creation.

Links mentioned from the podcast: 

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From our sponsor:

Web3 offers budding opportunities for brands to create more value for their customers, engage fans and build immersive community. But that doesn't come without its risks, Chainalysis helps Fortune 500 brands better understand and manage the risks in web3 through proactive assessments on chain monitoring, investigations, training and more so that they can focus on building a roadmap for long-term growth. Learn more about how Chainalysis can help your company grow in web3 at www.chainalysis.com/genc.

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"Gen C" features hosts Sam Ewen and Avery Akkineni, with editing by Jonas Huck. Executive produced by Jared Schwartz and produced by Adrian Blust, Uyen Truong and Eleanor Pahl. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Podcast Network - MARKETS DAILY: Argentina’s Break With the Dollar, Bank Collapse and Mastercard’s Crypto Integration

With the Consensus 2023 festival Austin wrapped up while bitcoin opens the trading week below the $28.5K mark, plus a look at the latest bank failure, CoinDesk’s “Markets Daily” is back with the latest news roundup.

Today's Stories...Read the full show notes here.

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This episode was edited & produced by Adrian Blust with original music by Doc Blust & Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In God We Lust - Wondery Presents – Flipping The Bird: Elon vs Twitter

When Elon Musk posted a video of himself arriving at Twitter HQ carrying a white sink along with the message “let that sink in!” It marked the end of a dramatic takeover. Musk had gone from Twitter critic to “Chief Twit” in the space of just a few months but his arrival didn’t put an end to questions about his motives. Musk had earned a reputation as a business maverick. From PayPal to Tesla to SpaceX, his name was synonymous with big, earth-shattering ideas. So, what did he want with a social media platform? And was this all really in the name of free speech...or was this all in the name of Elon Musk? 


From Wondery, the makers of WeCrashed and In God We Lust, comes the wild story of how the richest man alive took charge of the world’s “digital public square.”


Listen to Flipping The Bird: Wondery.fm/FTB_IGWL

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Stuff They Don't Want You To Know - CLASSIC: Is someone using sonic weapons in Cuba?

A few years back, employees at the US Embassy in Cuba reported a strange and disquieting phenomenon. They complained of vertigo, nausea, hearing loss and more accompanied by a strange hum and whine that followed them into their homes. The State Department refused to comment on the cause of these symptoms even as they shipped employees back home to the States. However, some anonymous government officials stated that the employees fell victim to an unorthodox, top-secret, sound-based weapon. Could it be true? You can turn back now, or learn The Stuff They Don't Want You To Know.

They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/

See omnystudio.com/listener for privacy information.

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