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📺Essential Videos📺
Assets Backing Stablecoins 👉 https://youtu.be/TxcTDNHSS-U
Crypto Mining Climate Facts 👉 https://youtu.be/UCwLIE62iWg
Wyckoff Method Explained 👉 https://youtu.be/ltcnTTeDFjY
Fastest Cryptocurrencies 👉 https://youtu.be/1jzpL27SOak
FATF Crypto Recommendations 👉 https://youtu.be/nFSOfkalDK4
The Power Of Crypto DAOs 👉 https://youtu.be/MFEXFvCFywc
Crypto Lobby Saving The Industry 👉 https://youtu.be/qCg5ujL9n4g
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⛓️ 🔗 Useful Links 🔗 ⛓️
► The Full Crypto Bill: https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Responsible%20Financial%20Innovation%20Act%20%5bFinal%5d.pdf
► Crypto Bill Bullet Points: https://www.gillibrand.senate.gov/imo/media/doc/Lummis-Gillibrand%20Section-by-Section%20%5bFinal%5d.pdf
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– TIMESTAMPS –
0:00 Intro
1:34 About The Bill
4:37 Crypto Definitions
6:41 Crypto Taxation
9:49 Crypto Securities
11:20 Crypto Commodities
14:39 Crypto Standards
16:00 Stablecoins
19:21 Banks Adopting Crypto Tech
20:29 Crypto Regulation, DeFi
23:18 What Does It Mean For Crypto?
25:43 Outro
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📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#crypto #bill #congress #blockchain #regulation
28 Comments
Hope you guys found this breakdown useful! It's great to see that there are still politicians out there that are lobbying for some common sense crypto legislation. The question is whether they can get any other Senators behind the bill 🤔. Don't forget that you can follow me on my other socials for all the content that you are missing here 👉 https://guy.coinbureau.com/socials/
Nice video. 2021 has been a great year for me since I started investing in cryptocurrency market, I'm really making a huge profits on my investment,since I started with 0.5BTC and now i make 3.2BTC
Hopefully all the shitcoins will finally be seen as unregistered securities. Only bitcoin is decentralised
I understand all the reasoning for regulations, but I still don't want the government in my crypto. Although, I would probably be singing a different tune if I lost all of my money on an exchange.
Fabulous Research As Usual !
Not pro crypto SMFH pro Bitcoin. You are blaring the lines. Why?
Make a video about cryptos with the most potential of complying with regulations….please
Post regulation stable coin annual interest rate for deposits will prob drop from 5% to .5% like fiat in interest bearing bank accounts.
Are they talking about taking away self-custody? Oh hell no
Up to you to fight. Best strategy is to keep a low profile and reduce your digital fingerprint. Up to you to fight on.
One law bill is no migration/RS bs lol.
They are criminals, and we must not comply.
Excellent break down
Talking about trading crypto/stock, crypto market has brought me great success!!! Irrespective of the economic downturn I can boast of over $57000 every month on my investment(Ethereum and XRP). Thank you Kimberly Jose for your focus on quality management. blessings🙌
Our dam government needs to keep the hell out…
…rhymes with Hummus.
Hotel rooms are commodities.
Do you think LTC will be a commodity?
I don't like it.
Keep your filthy hands off our crypto!!!
WHY? Is the government mandating transparency from us? BUT! they never hold themself to that same standard??? …….. Unacceptable
At the moment, Bitcoin appears to be highly unpredictable, with some forecasting a crash and others predicting a new all-time high. <We'll have to wait and see what happens, I'm unable to sell and am still holding strongly. We haven't yet reached the Bottom.
<<This simply exposed what the government has been doing to the common man. Bitcoin is entering price territories that many will regret not buying in the future. i’m laddered in between $24,000 – $21,000 and will add on each macro demand zone test.>>
Ethereum is a security.
Kusheen was here…
WHY DONT THE USA DO A FLAT TAX, PLAY TAXES ON THINGS YOU BUY
Weird that Coinbase dont have ads, like every other influencer on youtube. I wonder how they make their money as I'm sure its not from selling hats 🤔
… regulators, and governments are the blockchains biggest enemies ! Keep your coins & mining ⛏ away from this lot, as much as you can ! A word of warning ⚠️: otherwise they will tax and regulate us into oblivion !!! Long live the blockchain 😎🍀🚀
Seeing a lot of "bitcoin is perfect" maximalists in comments. So there is no confusion, bitcoin gets several very important points right. Still, it remains an early prototype that leaves some features unsolved that cryptocurrency needs for full utility.