DC Insider On When The Crypto Market Structure Bill Will Pass | Patrick Witt

Patrick is the Executive Director of the President’s Council of Advisors for Digital Assets. We spoke to Patrick at ETH Denver to get the latest on Market Structure. Patrick discuses when the bill will pass, banks vs. crypto arguments, why developers should care about legislation, ethics concerns, if there will be enough Democrats to pass the bill, concerns with further delaying the bill, thoughts on David Sacks as Crypto Czar and who may replace him next 

This episode is sponsored by Gemini: https://gemini.com/CIA 

Watch On YouTube: https://youtu.be/2DHcedfFrvU

Please note that this podcast is for informational purposes only and any views shared by anyone on the show are opinions, not financial advice. The host or guests may have a direct or indirect financial interest in content mentioned in this episode.

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TIMESTAMPS:

0:00 - Welcome Patrick Witt To Crypto In America!

0:30 - Latest Update On Market Structure 

4:30 - Locked Phones During Meeting 

5:30 - Banks vs. Crypto Industry - Will They Find Common Ground? 

7:50 - Agreement Timeline - Will It Take Until March or Aprill? 

9:30 - Thoughts on Reconciliation Process 

12:00 - Patrick’s Message To Developers & Why They Should Care About DC Legislation 

14:10 - Ethics Concerns - Will There Be Enough Democrat Votes?

16:40 - Brain Drain Concerns From Delays

18:00 - Thoughts On David Sacks’ Time In DC As Crypto Czar

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