Coinbase CEO Brian Armstrong said late Tuesday that the company can no longer support the US Senate’s version of the crypto market structure bill after lawmakers introduced sweeping changes to the CLARITY Act. Meanwhile, banks are still trying to remove stablecoin yields for U.S. users.
~This episode is sponsored by Tangem~
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Guest: Paul Grewal – Chief Legal Officer at Coinbase
Stand With Crypto – Call Your Congressman! ➜ https://bit.ly/CallYourCryptoRep
00:00 Intro
00:10 Sponsor: Tangem
00:45 Recap
02:40 What are all the issues with CLARITY bill?
04:40 Where did it go wrong?
06:45 What if they had released a draft only 24hrs instead?
08:00 If interest rates go down
10:10 Why haven’t other crypto firms supported Coinbase?
11:30 TradFi vs CeFi vs DeFi
13:31 “Better Markets” statement
15:00 Are banks using community banks as a shield?
16:50 Best argument in favor of banning yields?
18:10 Who is this 12%?
18:50 Jamie Dimon hints at wanting to be the next Treasury Secretary
19:50 Too much power
21:30 Thoughts on Jamie Dimon?
22:30 Why isn’t Coinbase framing this as a “Bank Bailout”?
24:20 Russia might beat U.S
26:00 Did Coinbase give up the fight against KYC
27:30 StandWithCrypto; what’s the hold up?
28:40 Reframing the narrative
30:00 Next draft bill expectations
31:00 Outro
#Crypto #Bitcoin #ethereum
~Banks vs. Yields!🔥Coinbase INTERVIEW w/ Paul Grewal🚨~
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