Conversation

1) One of the best moments from the House Financial Services Committee meeting:

drilling into the details of our stablecoin proposal (ftxpolicy.com/stablecoins), and proposing that congress moves to enact a regulatory regime that ensures the backing of stablecoins.

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SBF

@SBF_FTX

Dec 14, 2021

2) What struck me so much about this: unlike almost all the discourse around digital assets, it was: a) informed b) constructive c) action oriented

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SBF

@SBF_FTX

3) We can, as a society, either: keep yelling past each other about our worries; or enact common sense regulations to protect against specific worries.

11:06 PM · Dec 14, 2021Twitter Web App

Replying to

4) I'm hopeful that, as a society, we can move towards addressing the bulk of the holes in our regulatory infrastructure in ways that allow America to host the bulk of the digital asset liquidity and volume. In other words: find the 80/20 solutions.

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SBF

@SBF_FTX

Dec 14, 2021

5) For more thoughts -- ftxpolicy.com