“Regulatory certainty is still an absolutely important piece to the puzzle.” – 03:03
Ari Redbord, VP & Global Head of Policy & Govt. Affairs at TRM Labs, joins Remy Blaire to discuss the rapidly changing landscape of finance as Congress prepares to return from its August recess.
Ari provides insights into the legislative developments affecting the crypto industry, particularly the Clarity Act, a House bill that aims to clarify the legal status of digital assets. He highlights the recent passage of stablecoin legislation and the ongoing discussions in the Senate regarding market structure, suggesting that a comprehensive market structure bill may emerge from the marriage of the House and Senate proposals in the coming months.
Ari emphasizes the importance of regulatory clarity for financial institutions, noting that conservative entities on Wall Street require clear guidance from lawmakers and regulators to engage with digital assets confidently. He discusses the challenges regulators face in defining digital assets, securities, and commodities, and how these definitions will be pivotal for the mass adoption of cryptocurrency.