 regulation, particularly in light of the ongoing U.S. government shutdown.){kind=link}
Remy Blaire engages in a compelling conversation with Cody Carbone, the Chief Executive Officer of The Digital Chamber, during the Money20/20 conference in Las Vegas. The discussion centers around the current state of decentralized finance (DeFi) regulation, particularly in light of the ongoing U.S. government shutdown.
Remy opens the segment by welcoming Cody and acknowledging the significance of the conference as a platform for establishing connections within the fintech industry. She prompts Cody to share his insights on the recent developments in Washington, D.C., where both Democrats and Republicans have begun to articulate their desires for market structure legislation. Cody describes last week’s events as “organized chaos,” noting that it marked a pivotal moment where key stakeholders in the crypto industry engaged with lawmakers. He expresses optimism about the potential for a comprehensive legislative package that could clarify regulatory oversight for listing platforms and token issuers.
Cody elaborates on the shift in the regulatory environment for digital assets, highlighting that the industry is now in a proactive position, able to collaborate with regulatory bodies such as the SEC and CFTC. He emphasizes the importance of creating a clear and consistent regulatory framework that allows companies to operate safely and compliantly in the U.S., while also fostering innovation and growth within the country.
The conversation then shifts to international examples, with Remy asking Cody about lessons that the U.S. can learn from jurisdictions like Singapore and Switzerland. Cody points out that these regions have successfully attracted technology and talent by establishing clear regulatory frameworks. He stresses the need for U.S. regulators to engage with the industry to foster a partnership that facilitates open communication and collaboration, ensuring that regulations are informed by industry needs and technological advancements.
Cody also shares his thoughts on the nomination of Michael Selig for the CFTC, praising him as an excellent choice due to his extensive experience in both the digital asset industry and government. He expresses hope for a swift confirmation process, underscoring the urgency of having a fully staffed regulatory agency to address the needs of the industry.
As the segment concludes, Remy inquires about the upcoming D.C. Blockchain Summit scheduled for spring 2026. Cody describes it as a significant policy summit that will bring together policymakers and industry leaders to discuss the future of blockchain technology. He emphasizes the summit’s focus on collaborative conversations aimed at finding forward-looking solutions rather than dwelling on past challenges.