Want to create an interactive transcript for this episode?
Podcast: Raoul Pal: The Journey Man
Episode: Senate Bill Would Treat Crypto Like Commodities
Description: The U.S. Congress is getting closer to passing long-promised and highly anticipated legislation to regulate cryptocurrency, a step many industry insiders see as critical to the goal of widespread adoption. Senator Cynthia Lummis, a Republican from Wyoming, and Senator Kirsten Gillibrand, a Democrat from New York, have introduced a bill that would establish a regulatory framework for most digital assets, treating them as commodities within the jurisdiction of the Commodity Futures Trading Commission. Santiago Velez, co-founder and head of R&D at Block Digital, joins Real Visionβs Nico Brugge and Ash Bennington to break down the bill an...