Probably a good time to re-up my bipartisan Blockchain Regulatory Certainty Act. The bill asserts that blockchain entities that never custody consumer funds are not money transmitters… providing necessary legal certainty to ensure the future of crypto reflects American values.

Dec 14, 2022 · 3:08 PM UTC

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Replying to @GOPMajorityWhip
Might be off base with this one Tom. Please learn the difference between Bitcoin crypto. "blockchain entities" are transmitting money. If there is a central entity in control of their coin supply, that's money issuance from a central party. ie. unregulated securities.
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Replying to @GOPMajorityWhip
In #Bitcoin There is no "entity" issuing money. But it is absolutely money transmission. That's the whole point of #Bitcoin ...
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Replying to @GOPMajorityWhip
by 'never custody' do you mean all entities that never touch client funds transactionally?
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Replying to @GOPMajorityWhip
Thanks Tom :)
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Replying to @GOPMajorityWhip
All craptos are securities, #Bitcoin is a commodity.
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Or just let people make horrible decisions with their money, Mr Small Government.
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Replying to @GOPMajorityWhip
Get em!
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Replying to @GOPMajorityWhip
Last week, FINRA halted trading in a stock just before a spin-off. #FINRAfraud started trending and short sellers were saved from billions in losses. Here’s what happened 🧵
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Replying to @GOPMajorityWhip
Thank you for all you are doing for clarity and freedom!
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Replying to @GOPMajorityWhip
American values let Market makers sell shares that don’t exist! While their lobbyists pay really well. Let Wall Street bleed our pensions dry. What is the difference to what SBF did to what is going on in the stock market daily???? Vote these dinosaurs out!!
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