Best of Bloomberg Intelligence (05/23/2022)

The video discusses the current state of crypto regulation, highlighting the lack of immediate action from Congress and the SEC's potential enforcement activities. It covers the impact of stable coin issues on the market and the crypto industry's efforts to work with policymakers. The discussion also touches on the regulatory priorities for crypto platforms and stable coins, emphasizing the need for clarity on security versus commodity definitions and the role of the SEC and CFTC.

How has the crypto industry attempted to work with policymakers according to the discussion?

What are the potential safeguards for stable coins mentioned in the text?