In this episode of Hot Wallet, Senator Cynthia Lummis sits with Forbes’ Rosemarie Miller to discuss the crypto climate in Congress following the fall of FTX, FTT and Sam Bankman Fried’s Alameda Research. Additionally, Sen. Lummis takes Miller through the bill she drafted with Senator Kirsten Gillibrand to address consumer protections at the federal level.
0:00 Introducing Senator Cynthia Lummis
0:50 Congress On FTX
2:05 How Regulators Missed FTX
5:17 Explaining The Lummis-Gillibrand Bill
8:46 Is Crypto Regulation Happening Soon?
13:33 Consumer Protections At The State And Federal Level
17:00 Is There Progress In Sight
17:35 Making Money Outside Of The Bank Model
18:50 Inside SBF’s Meetings In Washingtons
22:18 2023 Is The Year Of Crypto Regulation Clarity, Says Sen. Lummis
Subscribe to FORBES: https://www.youtube.com/user/Forbes?sub_confirmation=1
Stay Connected
Forbes newsletters: https://newsletters.editorial.forbes.com
Forbes on Facebook: http://fb.com/forbes
Forbes Video on Twitter: http://www.twitter.com/forbes
Forbes Video on Instagram: http://instagram.com/forbes
More From Forbes: http://forbes.com
Forbes covers the intersection of entrepreneurship, wealth, technology, business and lifestyle with a focus on people and success.
