Preview Mode Links will not work in preview mode

Blockchain technology is about to transform every trust-based interaction of our lives, from financial services to identity, from health care to our Internet of Things devices. In this podcast, host Laura Shin talks with industry pioneers across tech, financial services, health care, government and other sectors about how the blockchain and cryptocurrency will open up new opportunities for incumbents, startups and everyday people to interact more efficiently, directly and globally.

May 28, 2021

House Representative Tom Emmer, of Minnesota, is one of the most active voice for crypto and blockchain in the US government. In this episode, he discusses:

  • what book made Tom fall down the crypto rabbit hole 
  • why Tom believes the Financial Accounting Standards Board needs to set clear accounting standards for cryptocurrencies
  • why the current way of accounting for Bitcoin on balance sheets may be a detriment to companies in the future
  • how he feels about the acting head of the OCC putting together a “sprint team” of federal regulators to establish overarching crypto standards
  • why he is fighting to change tax rules for forked coins
  • what problems the Eliminate Barriers to Innovation Act might solve
  • why he is so passionate about the Securities Clarity Act, which would explicitly separate digital tokens from securities
  • how DeFi should be regulated and why he is not a fan of FATF’s recently proposed guidance
  • Tom’s prediction for when these bills may actually become law 


Thank you to our sponsors! 




Episode Links


Tom Emmer

Documents Mentioned