All Things Crypto

ATC quote · Jun 20, 2024 · 0:46:28

“So it looks like something's gonna change. I did an analysis of FIT 21, which is the latest large bill that's been going through congress on, on crypto. And there, they basically, kind of completely…”

ALEX DAMSKER @AlexDamsker (speaker unconfirmed)

From ATC: DAVE & KOOL TALK ALL THINGS CRYPTO. SEC LAWYER joins us, Jun 20, 2024 · Episode page

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0:45:34 NatNat @Natnatx007 (speaker unconfirmed): So, Alex, based on everything that we're seeing in the cryptocurrency market and the mass adoption... Because I remember when a few years ago, everyone thought that crypto was a fad, that it was gonna go away. Don't worry about it. And then I researched. I found out actually about the we how we test. So based on everything that we're seeing now, all these changes and knowing that crypto is not a fad, it's not going…

0:46:28 ALEX DAMSKER @AlexDamsker (speaker unconfirmed): So it looks like something's gonna change. I did an analysis of FIT 21, which is the latest large bill that's been going through congress on, on crypto. And there, they basically, kind of completely obliterate the whole idea of, of the Howey test. Right? And they're taking a bunch of stuff out of securities realm and things like that and moving a lot of stuff into the CFTC, which is only marginally better. Here's…

0:50:41 Voice D (speaker unconfirmed): Taxes.

Show discussion only, not financial advice. Transcripts are auto-generated.