Find more from Jake Claver by visiting the links below:
🖥Websites🖥
Digital Ascension Group - https://www.digitalfamilyoffice.io
Beyond Broke Mastermind - https://mastermind.beyondbroke.com
Social media
Twitter - https://www.twitter.com/beyond_broke
Linkedin - https://www.linkedin.com/in/jacobclaver/
TikTok - https://www.tiktok.com/@jakeclaverqfop
Facebook - https://www.facebook.com/jakeclaverqfop
🖥Websites🖥
Digital Ascension Group - https://www.digitalfamilyoffice.io
Beyond Broke Mastermind - https://mastermind.beyondbroke.com
Social media
Twitter - https://www.twitter.com/beyond_broke
Linkedin - https://www.linkedin.com/in/jacobclaver/
TikTok - https://www.tiktok.com/@jakeclaverqfop
Facebook - https://www.facebook.com/jakeclaverqfop
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LifestyleTranscript
00:00And as recently as October 2022, FSOC recommended that Congress pass legislation to establish a comprehensive framework for stable coins
00:09and that a new federal regulatory authority should be provided over spot markets for digital assets that are not considered securities.
00:20Well, look, that's what this committee has been working on since this Congress, the 118th Congress, was initiated.
00:26This subcommittee and our full committee have done precisely that.
00:30We've crafted a regulatory framework for digital assets and we've crafted a regulatory regime for stable coins.
00:37We don't need FSOC to be involved in that.
00:40What they need to do is support our legislative effort.
00:44And I'm proud in both those efforts, both on stable coins and the regulatory framework.
00:49We move these bills out of committee and we look forward to continuing the work with our colleagues on the Hill and the administration
00:54to move that legislation forward.