Public Key

How Biden’s Executive Order Will Impact The Cryptocurrency Industry


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Public Key Episode 3 preview: Executive Orders, Lobbying DAOs and The Impact Politics Plays on the Cryptocurrency industry 

Executive Orders have proven to be an expedient method to get the wheels in motion at the highest levels of the legislative branch and although the recent Executive Order has been met with extreme positivity by the cryptocurrency industry, there are some areas of concern from both the government and the industry’s key stakeholders. 

In this episode of Public Key, our host, Ian Andrews, CMO at Chainalysis, sits down with his colleague,  Clark Flynt-Barr, Senior Policy Advisor at Chainalysis to breakdown the main objectives of the Executive Order and how will this could  benefit the crypto industry and highlight any challenges future regulation could have on continued innovation.  They jump into subjects like DAOs in lobbying, statistics behind the unbanked/underbanked in the United States and what we can expect from the government agencies 180 days from the order. 

Minute-by-minute episode breakdown
  • (2:04) – What is an executive order and did the crypto industry get regulatory clarity from this order
  • (4:45) – The Executive Order objectives and why is this positive for the cryptocurrency industry 
  • (9:15) – The areas of concern found in the executive order 
  • (11:03) – How rogue nation states are utilizing crypto to evade sanctions and conduct illicit activity 
  • (16:35) – What are the next steps after an executive order has been released?
  • (18:25) – Does recent acts highlighted by Senator Warren put the cryptocurrency industry at risk?
  • (20:45) – How does cryptocurrency impact USA midterm elections and is it a platform to campaign on 
  • (23:25) – How can a DAO be formed to Lobby on Capitol Hill and What does this mean for the future of political fundraising 
  • (26:25) - What does it mean from a policy perspective to move innovation forward in a regulated environment 
  • (31:05) - What are the positives of the Executive Order and how does benefit the unbanked or underbanked population in the USA
  • Related resources

    Check out more resources from Chainalysis that perfectly complement this episode of the Public Key.

    • Blog: Biden’s Executive Order Signals the United States’s Commitment to Responsible Innovation in Crypto
  • Blog: OFAC Sanctions Hydra Following Law Enforcement Shutdown of the Darknet Market, As Well As Russian Exchange Garantex
  • Report: The Chainalysis 2022 Crypto Crime Report 
  • Video: Chainalysis Links NYC Recap, Part 1: Cryptocurrency Regulations and Innovations in Focus
  • Speakers on today’s episode
    • Ian Andrews * Host * (Chief Marketing Officer, Chainalysis) https://www.linkedin.com/in/ianhandrews
  • Clark Flynt-Barr (Senior Policy Advisor, Chainalysis) https://www.linkedin.com/in/clark-flynt-barr-33026223
  • This website may contain links to third-party sites that are not under the control of Chainalysis, Inc. or its affiliates (collectively “Chainalysis”). Access to such information does not imply association with, endorsement of, approval of, or recommendation by Chainalysis of the site or its operators, and Chainalysis is not responsible for the products, services, or other content hosted therein.

    Our podcasts are for informational purposes only, and are not intended to provide legal, tax, financial, or investment advice. Listeners should consult their own advisors before making these types of decisions. Chainalysis has no responsibility or liability for any decision made or any other acts or omissions in connection with your use of this material.

    Chainalysis does not guarantee or warrant the accuracy, completeness, timeliness, suitability or validity of the information in any particular podcast and will not be responsible for any claim attributable to errors, omissions, or other inaccuracies of any part of such material. 

    Unless stated otherwise, reference to any specific product or entity does not constitute an endorsement or recommendation by Chainalysis. The views expressed by guests are their own and their appearance on the program does not imply an endorsement of them or any entity they represent. Views and opinions expressed by Chainalysis employees are those of the employees and do not necessarily reflect the views of the company. 

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    Public KeyBy Chainalysis

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