In this Youtube video, Cody Carbone, Vice President of Policy at the Chamber of Digital Commerce, discusses the recent approval of Bitcoin ETFs by major financial institutions like Blackrock, Fidelity, and Wisdom Tree. He highlights the positive impact this has had in Washington, where members of Congress are now showing interest in and support for the crypto industry. Cody also talks about a bill introduced by Senators Hagerty and Lummis to combat illicit finance using blockchain technology, and the ongoing legal cases involving the SEC and companies like Coinbase and Binance. He also mentions the influence of political candidates like Vivek Ram, who has partnered with Trump and is advocating for crypto-friendly policies. Overall, Cody emphasizes the importance of educating lawmakers about the benefits of blockchain technology and the potential for positive regulatory frameworks to support innovation in the industry.
