About this episode
Nearly everyone agrees the cryptocurrency industry needs regulation, but there are huge disagreements about what that should look like. A Senate bill proposes a new regulatory framework for the industry. Cosponsors Cynthia Lummis (R-Wyoming) and Kirsten Gillibrand (D-N.Y.) argue that their bill hits the "sweet spot" between allowing innovation and protecting consumers. Software engineer Molly White, who runs the blog Web3 is going just great , says that the bill is too industry-friendly, and puts into legislation the "foggy regulatory space" that crypto companies have taken advantage of. Help NPR improve podcasts by completing a short, anonymous survey at npr.org/podcastsurvey . In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community. Email us at considerthis@npr.org. Learn more about sponsor message choices: podcastchoices.com/adchoices NPR Privacy Policy