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Sherrod Brown
Bitcoin Hits Record High as Donald Trump Wins U.S. Election
Bitcoin hit a lifetime high over $75,000 Wednesday as former President Donald Trump is set to return to the White House. "CoinDesk Daily" host Christine Lee explains what a Trump presidency could mean for crypto and how anti-crypto Democrat Sherrod Brown was replaced by a more digital asset-friendly Congress.
Key Takeaways From Senate Banking Hearing on FTX Collapse
Senate Banking Committee Chairman Sherrod Brown held a hearing Wednesday on the implosion of crypto exchange FTX as its continued fallout sparks debate on the need for crypto regulatory clarity. Cato Institute's Jennifer J. Schulp, who sat on the witness panel, discusses the key takeaways and outlook for crypto legislation.
OCC Wants Banks to Seek Permission Before Offering Crypto Services
The U.S. Office of the Comptroller of the Currency (OCC) published an interpretative letter Tuesday telling banks to be very clear they can provide crypto services before they do so. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De discusses the key takeaways. Plus, Sen. Sherrod Brown (D-Ohio), chairman of the U.S. Senate Banking Committee, is seeking more information about stablecoins.
Top Senator Wants OCC to Rethink Bank Charters for Crypto Firms
Senator Sherrod Brown (D-OH) is "concerned" about the banking charters granted to crypto firms Paxos, Anchorage, and Protego and has requested that the new acting OCC chief Michael Hsu reevaluate the issue and decisions by Hsu's predecessor, Brian Brooks. "The Hash" hosts discuss the potential impact for crypto regulation.