11 May 2023
32m

Are Democrats Against Crypto? Rep. Ritchie Torres Answers

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Bankless

This podcast episode explores the crypto landscape in the U.S. Capitol Hill, discussing the political polarization surrounding cryptocurrency, the need for a workable regulatory framework, the lack of regulatory clarity, and the concerns regarding central bank digital currency (CBDCs). It also highlights the generational divide in Congress's perception of crypto and its potential benefits for financial inclusion and democratization of finance. The episode features Representative Ritchie Torres's perspective on the matter, delving into its complexities and suggesting a balanced approach that supports innovation while ensuring consumer protection.

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