Crypto bill needs clarification on 'digital commodity' — Sheila Warren
CCI CEO Sheila Warren said that there was “a very tight window” to pass the crypto bill given the possible change in leadership following the 2022 Midterm Elections. Sheila Warren, CEO of the Crypto Council for Innovation, said the Digital Commodities Consumer Protection Act currently being considered by U.S. lawmakers was a “pivotal step” towards achieving regulatory clarity, but recommended changes to determine the role authorities will take on digital assets.In written testimony for a Wednesday hearing on the bill with the Senate Agriculture Committee, Warren said the proposed....
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Sheila Warren, the CEO of Crypto Council for Innovation (CCI), shared her insights in an interview with Cointelegraph at the World Economic Forum. During the World Economic Forum (WEF) 2022, Sheila Warren, the CEO of Crypto Council for Innovation (CCI), sat down with Cointelegraph to discuss a range of topics including the state of crypto, decentralized autonomous organizations (DAO) and safety within the metaverse. Reminiscing on previous WEF events, Warren started off by comparing the past WEF events to this year’s event. The CEO of CCI told Cointelegraph that she finds it amazing to see....
“Innovation is going to flow to where it can thrive the most, and actively trying to block it is going to encourage it to head elsewhere," said Sheila Warren. Sheila Warren, CEO of the Crypto Council for Innovation and former head of data, blockchain and digital assets at the World Economic Forum, said the digital yuan may present certain challenges for the United States. However, regulators and lawmakers may want consider how to encourage digital innovation, as China is already "massively tech forward" for its residents.Speaking to Cointelegraph during Austin’s SXSW festival, Warren said....
The crypto spokespeople testified before the Senate Agriculture Committee on Thursday with analyses of the bill’s strengths and recommendations for its weaknesses. Representatives of the crypto community shared their responses to the proposed Digital Commodities Consumer Protection Act (DCCPA) on Sept. 15. Speaking at the second panel of a hearing held by the Senate Agriculture Committee, invited speakers praised the bill as a whole, but had recommendations for improvement.Definitions were an issue for all five of the speakers and Blockchain Association head of policy Jake Chervinsky, who....
"If we're not solving actual problems, what is the point of any of this?" Each week we ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and we throw in a few random zingers to keep them on their toes! This week our 6 Questions go to Sheila Warren, head of blockchain and DLT at the World Economic Forum.Sheila serves on the executive committee of the World Economic Forum and the leadership team of its Centre for the Fourth Industrial Revolution, working with public-, private- and third-sector actors around the world to advance the adoption of....
The bill defines digital commodities and requires registration of digital commodities platforms by the CFTC, with language that needs tightening. United States Senate Agriculture Committee chair Debbie Stabenow and ranking member John Boozman introduced the Digital Commodities Consumer Protection Act bill on Wednesday. The bill has been expected for several months. Like the Digital Commodities Exchange Act (DCEA) introduced into the House of Representatives by members of the House Agriculture Committee in April, the new bill enlarges the role of the Commodity Futures Trading Commission....