Oct 24, 2023

House Republicans have tapped Rep. Tom Emmer as their new speaker nominee, following several rounds of voting. Emmer has sponsored a number of crypto-related bills over the past few years. Circle's Chief Strategy Officer and Head of Global Policy Dante Disparte shares his reaction to the news, explaining why the move could be "very favorable for the industry" during CoinDesk's State of Crypto 2023 in Washington, D.C.

Video transcript

I've had a number of conversations with Congress Congressman Emmer over the years and he and his staff have really leaned in and learned quite a lot about this industry. I do see that, that Congressman Emmer, as a, as a speaker candidate would be very favorable for the industry but also frankly, very favorable for us competitiveness underlying, advancing a crypto agenda inside the United States is this question of economic competitiveness for the country, job creation for the country and building an operating model where there's investor certainty, not only in the dollar but investing inside the United States. And we know as a company circle would benefit greatly from having that type of standard set here in Washington.

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