Lee and Jimmie break down an epic week in crypto, starting with last week’s release of a comprehensive crypto market structure bill from Republican chairmen of the House Financial Services and Agriculture committees. They then dissect the SEC’s charges against Binance and Coinbase, and the broader implications these charges will have on crypto in the U.S.

Lee’s Twitter: @leereiners

Jimmie’s Twitter: @jimmie_lenz

Related Links:

SEC Files 13 Charges Against Binance Entities and Founder Changpeng Zhao: https://www.sec.gov/news/press-release/2023-101

SEC Charges Coinbase for Operating as an Unregistered Securities Exchange, Broker, and Clearing Agency: https://www.sec.gov/news/press-release/2023-102 McHenry, Thompson, Hill, Johnson Release Digital Asset Market Structure Proposal: https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=408838