Adam Minehardt
@adam_minehardt
Head of Public Policy at @Chainlink; prev. CoS for Member of U.S. Congress, @FederalReserve, @Citi, @StellarOrg, @FS_Vector #crypto #blockchain
Clarity Act passes 294 to 134, with a whopping 78 Democrats supporting, exceeding FIT21 vote and many people’s expectations. On to GENIUS vote now!
The real work doesn’t happen on X. It happens in the halls of Congress; one meeting, one briefing at a time. Six months of education, negotiation, and shaping the GENIUS Act. Now it’s on the floor.
As our friend @thecolinmclaren notes, this is a monster week in DC. Congress will send @realDonaldTrump the 1st major crypto bill EVER #GENIUS. Market structure is next. Excited to see so many colleagues this week @chainlink @BlockchainAssn @SolanaInstitute @DigitalChamber
🧵 DC is buzzing with crypto energy this week! Here's your guide to the can't-miss events shaping the future of digital assets in America's capital. This is THE week to be in Washington. 🏛️
With GENIUS now law, market structure legislation continues to move. But what exactly will this bill do? Two things basically: 1) Determine how digital assets are treated under federal securities and commodities law and 2) Create a path for digital assets firms (exchanges,…
Taking a brief break from crypto posting to remember @HulkHogan and @OzzyOsbourne. Two giants of their respective worlds who also happened to be great humans. RIP.
Proud to join @fintechassoc and other leading crypto, fintech, and mainstreet business organizations to urge @POTUS to protect the open banking rule and the freedom to choose financial tools and control one’s own data. Read the full letter below:
1/ Today, we led a group of #fintech, #crypto, and #MainStreet business trades in urging @realDonaldTrump to uphold the #openbanking rule amid anticompetitive actions by some of the nation’s largest banks.
Excited that @chainlink CEO @SergeyNazarov has been chosen to be on the Advisory Board of the @DigitalChamber. We look forward to the continued work to advance sound public policy for the digital assets and blockchain space in Washington, DC.
🧵We're proud to welcome six renowned leaders to The Digital Chamber's Advisory Board, with the addition of four existing leaders to help continue and expand The Digital Chamber’s leadership in digital asset and blockchain policy.
The enemy of your enemy is your friend? Let’s remember that the CFPB’s Rule 1033, which ironically would have made it easier for customers to move their data out of banks to fintechs and crypto firms, is now being blocked. Perhaps time to rethink this move.
Concerning.
It’s finally done! GENIUS Act passes by a vote of 308 to 122. Big vote, with 102 Ds joining 206 Rs to send this bill to @realDonaldTrump to be signed into law tomorrow afternoon. Congrats to all who worked so hard on this over the last 5 years!
House is now voting on market structure. Recall the last version of this bill (called FIT21) in the last Congress received 71 votes. 👀 Watch live here: live.house.gov
House has moved up votes. At approximately 2:40 – 3:10 p.m., the House will take the following votes: Passage of H.R. 3633 – Clarity Act (Rep. Hill) – 15 minutes Passage of S. 1582 – GENIUS (Sen. Hagerty) – 5 minutes Passage of H.R. 1919 – Anti-CBDC Act (Rep. Emmer) – 5 minutes
Chainlink and Ethereum in DC together pushing the industry forward.
A historic moment for Ethereum. Together with @erc3643, @chainlink, @lfdecentralized , @Etherealize_io we joined the SEC Crypto Task Force to educate about the importance of standards. Ethereum doesn’t spend billions in marketing. We’re the standard builders. We’re the tech…
The vote on the rule to consider the crypto bills is now the longest vote in the history of the House. Appears that it will pass - so long as no one changes their votes again! 🙏
Big group of holdouts filed onto the House floor & flipped their votes Including SELF, ROY, PERRY, CLOUD, CLYDE, BURCHETT, BOEBERT, NORMAN 217-212 as of now
Re: GENIUS - For the House to consider a bill, Members must agree to a rule, which specifies how debate is structured and what amendments can be offered. The delay we are seeing now is due to how anti-CBDC text will be inc. in either the GENIUS bill or the market structure bill.
Today, @chainlink and @BlockchainAssn launched our Tokenized in America State Scorecard. This is a great way for the public and policymakers to better understand states' important role in broadening digital assets adoption nationally. Check it out!
As part of Crypto Week, Chainlink is excited to launch Tokenized in America in partnership with @BlockchainAssn. This new industry resource tracks the progress of U.S. state-level government initiatives advancing tokenization and blockchain adoption 🧵⬇️ tokenizedinamerica.com
Thank you @RepFrenchHill for all you are doing to move stablecoin and market structure legislation one step closer to becoming law. Ensuring consumers and the industry have a clear legal framework is essential. Look forward to the week of July 14th in the House. #CryptoWeek
In two weeks, we'll bring the CLARITY Act and GENIUS Act to the House Floor, which give rules of the road for digital assets and dollar-backed payment stablecoins. Watch more @FoxNews ⬇️