Nevin Freeman, Cofounder of stablecoin platform Reserve, joins Ernest Hoffman of Kitco News to explore the implications of Congress’ new stablecoin draft bill. They also discuss the potential for tokenized securities, the SEC’s recent enforcement actions, and why stablecoins could displace banks in the developed world.
Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Nevin Freeman on Twitter: @nnevvinn (https://twitter.com/nnevvinn)
0:00 – Crypto developments
1:35 – Stablecoins used to access US dollars
3:58 – Developed economies may switch to stablecoins
6:33 – DeFi and tokenized securities
8:30 – National security risks of tokenized securities
10:24 – Congress draft stablecoin bill
25:31 – SEC regulation and enforcement
#crypto #blockchain #stablecoin
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21 Comments
Yeh bitcoin is just going to take over with absolutely no interruption from governments. Stop giving clowns like this airtime
What’s the coin
Please bring back the Chinese presenter
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Use coti as the stable coin
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USDs are counterfeited daily by the FED and its petro base is fizzling and that is understood by you as a stable backing, not to mention US energy sector states supplies can't keep up with demand and EV's being pushed, gas car manufacturing being shut down, the sun in a solar maximum phase…..all evidence of imminent failure but still the world pushes for an electronic currency that many will have to relocate to regional centers in order to access it. While the BRICS have woken up and establishing a gold back currency with REAL not IMAGINARY value
It comes down to total control by governing bodies or centralization OR decentralized.
Human nature is total POWER corrupts greed is spontaneous
"To live a creative life, we must lose our fear of being wrong." —
stable coins are securities.
This guy is a FED stooge .
Interesting take at the evolution of blockchain.
Is it fair to add that we are one massive solar flare away to kiss all that future goodbye?
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Written by E.S
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FURTENBURG, INC.
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