Why Biden Just Flipped on Crypto

MAY 23, 202448 MIN
This Week in Bitcoin

Why Biden Just Flipped on Crypto

MAY 23, 202448 MIN

Description

It's more than Trump. The three major shifts compelling the White House to halt their attack on the Crypto industry. Plus, the details around the new FIT21 bill that takes power away from the SEC, and why I think an Ethereum ETF might be bad for Bitcoin.<br /><br /><strong>Sponsor:</strong> <a href="http://podhome.fm" target="_blank">http://podhome.fm</a><br /> <strong>Promo Code:</strong> TWIB<br /><br /><strong>LINKS:</strong><br /><ul><li><a href="https://twitter.com/matthew_sigel/status/1792996352437137642" target="_blank">JPM Emly Choy Predsent and Chief Operating officer said:“The tone from the SEC has just changed literally overnight…The administration sensing some panic”&nbsp;</a></li><li><a href="https://www.govtrack.us/congress/bills/118/hr4763" target="_blank">Financial Innovation and Technology for the 21st Century Act (H.R. 4763) - GovTrack.us</a></li><li><a href="https://bitcoinmagazine.com/print/operation-choke-point-2-0-how-u-s-regulators-fight-bitcoin-with-financial-censorship-" target="_blank">Operation Choke Point 2.0: How U.S. Regulators Fight Bitcoin With Financial Censorship - Bitcoin Magazine - Bitcoin News, Articles and Expert Insights</a><br /><a href="https://www.coindesk.com/policy/2024/03/29/custodia-bank-loses-lawsuit-challenging-fed-rejection-of-master-account-application/" target="_blank">Custodia Bank Loses Lawsuit Challenging Fed Rejection of Master Account Application</a><br /><a href="https://www.youtube.com/live/9KCZOfCeSOc?si=CqTHhRLGii7JD4NQ&amp;t=4567" target="_blank">Caitlin Long FULL TESTIMONY</a><br /><a href="https://www.semafor.com/article/05/16/2024/elizabeth-warren-circled-wagons-around-embattled-fdic-chief-martin-gruenberg" target="_blank">Elizabeth Warren circled wagons around embattled FDIC chief Martin Gruenberg | Semafor</a></li><li><a href="https://www.whitehouse.gov/wp-content/uploads/2024/05/SAP-HR4763.pdf" target="_blank">White House PDF SAP-HR4763.pdf</a><ul><li><a href="https://en.coinotag.com/sec-mandates-overhaul-of-ethereum-eth-etf-key-changes-unveiled/" target="_blank">SEC Mandates Overhaul of Ethereum (ETH) ETF</a></li></ul></li><li><a href="https://qz.com/sec-chair-gary-gensler-criticizes-crypto-market-bill-1851493248" target="_blank">President Biden and SEC Chair oppose major crypto bill hours before voting</a></li><li><a href="https://www.coindesk.com/policy/2024/05/22/us-president-biden-does-not-threaten-veto-against-house-crypto-market-structure-bill-but-opposes-passage/" target="_blank">U.S. President Biden Does Not Threaten Veto Against House Crypto Market Structure Bill, But ‘Opposes Passage’</a></li></ul><br /><ul><li><a href="https://relai.app/" target="_blank">https://relai.app/</a> (J’informatique's code: REL218932)</li></ul><br /><ul><li><a href="https://p2prights.org/" target="_blank">p2prights.org</a><ul><li><a href="https://www.nobsbitcoin.com/peer-to-peer-legal-defense-fund-to-defend-samourai/" target="_blank">The Peer-to-Peer Rights Fund Launched to Protect Open-Source Devs, Starting with Samourai Case</a></li></ul></li><li><a href="https://archive.is/R2AZe" target="_blank">This Man Did Not Invent Bitcoin - The New York Times</a></li><li><a href="https://www.forbes.com/sites/digital-assets/2024/05/20/ripples-anti-bitcoin-campaign-to-promote-cbdcs/?sh=3e1f9f061059" target="_blank">Ripple’s Anti-Bitcoin Campaign To Promote CBDCs</a></li></ul><strong>Music</strong><br /><ul><li><a href="https://podcastindex.org/podcast/6736415" target="_blank">Element Zero by Reel Richard</a></li></ul>