Crypto Provision in Infrastructure Bill Blocked

Crypto Provision in Infrastructure Bill Blocked

Assessment

Interactive Video

Business, Social Studies

University

Hard

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The transcript discusses the engagement between the crypto industry and US legislators, highlighting the need for better understanding of the crypto ecosystem. It critiques the US infrastructure bill for not focusing on blockchain technology, contrasting it with China's strategic priorities. The speaker clarifies intentions to become a federally chartered bank, emphasizing the importance of digital currencies like stable coins in the financial system and the need for federal supervision.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What has been the notable engagement between the crypto industry and Congress in recent weeks?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the intended targets of the provision mentioned in the text?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the speaker view the current infrastructure bill in relation to blockchain technology?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does the speaker express about the United States' position in blockchain technology compared to China?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the speaker's intention regarding the establishment of a national commercial bank?

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