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The Digital Chamber's Cody Carbone Predicts Breakthroughs in US Crypto Lawmaking After the Election
In this interview, BlockchainJournal.com editor-in-chief David Berlind and Cody Carbone, Chief Policy Officer at The Digital Chamber, discuss the myriad regulatory challenges in the blockchain and crypto space, particularly within the United States. But first, Carbone discusses The Digital Chamber's new rebranding (it was formerly named "The Chamber of Digital Commerce"), emphasizing its role in advocating for clear and common-sense laws and regulations for blockchain and cryptocurrency-related technologies.
The conversation delves into the hurdles faced by enterprises due to the lack of regulatory clarity and how that sort of legal uncertainty stifles innovation. Carbone notes that many companies are hesitant to adopt blockchain technology due to the confusion between blockchain and crypto in policymaking circles. He stresses the importance of distinguishing between the two and educating both lawmakers and enterprise decision-makers on the broader applications of blockchain beyond the usage and trading of cryptocurrencies.
During the interview, Carbone acknowledges the lack of significant progress over the past decade when it comes to blockchain-related lawmaking. When David asks if that lack of progress is due to the politics rather than the merits and risks of the technology, Carbone feels as though blockchain regulation is still not yet influenced by such partisanship. But at the same time, he warns that there won't be much progress for the remainder of 2024, given that it's an election year. Carbone is optimistic that the real progress will finally come once the election in November is over.
The interview concludes with a mention of the DC Blockchain Summit (May 15, 2024), where lawmakers, regulators, and industry leaders will gather to advance the regulatory conversation surrounding blockchain and cryptocurrency while also educating the many stakeholders on the technology's nuanced benefits.
To watch the video version of this podcast or read its full-text transcript, go to:
https://blockchainjournal.com/interview/digital-chambers-cody-carbone-predicts-breakthroughs-us-crypto-lawmaking-after-election
The video can also be watched on Blockchain Journal's YouTube Channel at:
https://www.youtube.com/watch?v=Rs7R2n3YBsw
For information about the DC Blockchain Summit, please visit:
https://dcblockchainsummit.com/
View all episodes
By Blockchain JournalIn this interview, BlockchainJournal.com editor-in-chief David Berlind and Cody Carbone, Chief Policy Officer at The Digital Chamber, discuss the myriad regulatory challenges in the blockchain and crypto space, particularly within the United States. But first, Carbone discusses The Digital Chamber's new rebranding (it was formerly named "The Chamber of Digital Commerce"), emphasizing its role in advocating for clear and common-sense laws and regulations for blockchain and cryptocurrency-related technologies.
The conversation delves into the hurdles faced by enterprises due to the lack of regulatory clarity and how that sort of legal uncertainty stifles innovation. Carbone notes that many companies are hesitant to adopt blockchain technology due to the confusion between blockchain and crypto in policymaking circles. He stresses the importance of distinguishing between the two and educating both lawmakers and enterprise decision-makers on the broader applications of blockchain beyond the usage and trading of cryptocurrencies.
During the interview, Carbone acknowledges the lack of significant progress over the past decade when it comes to blockchain-related lawmaking. When David asks if that lack of progress is due to the politics rather than the merits and risks of the technology, Carbone feels as though blockchain regulation is still not yet influenced by such partisanship. But at the same time, he warns that there won't be much progress for the remainder of 2024, given that it's an election year. Carbone is optimistic that the real progress will finally come once the election in November is over.
The interview concludes with a mention of the DC Blockchain Summit (May 15, 2024), where lawmakers, regulators, and industry leaders will gather to advance the regulatory conversation surrounding blockchain and cryptocurrency while also educating the many stakeholders on the technology's nuanced benefits.
To watch the video version of this podcast or read its full-text transcript, go to:
https://blockchainjournal.com/interview/digital-chambers-cody-carbone-predicts-breakthroughs-us-crypto-lawmaking-after-election
The video can also be watched on Blockchain Journal's YouTube Channel at:
https://www.youtube.com/watch?v=Rs7R2n3YBsw
For information about the DC Blockchain Summit, please visit:
https://dcblockchainsummit.com/