Blockchain Association CEO unpacks market structure bill that could bring clarity for digital assets

Episode 80 of Season 5 of The Scoop was recorded with The Block's Frank Chaparro and Blockchain Association CEO Kristin Smith.

Listen below, and subscribe to The Scoop on Youtube, Apple, Spotify, Google Podcasts, Stitcher, or wherever you listen to podcasts. Please send feedback and revision requests to [email protected].

Kristin Smith is the CEO of Blockchain Association — one of the top crypto policy advocacy groups in the U.S.

In this episode, Smith unpacks the intricacies of the pending market structure bill set to make its way through Congress this fall, highlighting its potential to bring crypto regulatory clarity in the U.S. once and for all.

According to Smith, the bill could be what's needed to bring in greater institutional participation and mainstream adoption:

"It's something that we think that if it were to move forward, would give a lot of confidence to institutional investors, to traditional tech companies and other players to enter this space because they know there is a clear and workable regulatory framework in place."

Outline:
00:40 - Current State of Crypto in DC
05:00 - Token Taxonomy Act (2018)
07:24 - 2023 Congressional Crypto Outlook
09:02 - Stablecoin Legislation
13:20 - Market Structure Legislation
16:24 - XRP Ruling
24:46 - Treasury Department & Crypto
28:07 - Anti-Crypto Congressional Sentiment
29:48 - Aliens
31:55 - 2024 Presidential Candidates & Crypto