Susan Friedman

former policy @Ripple / Treasury *opinions my own

[Susan Friedman @ss_friedman]

@BrianQuintenz @realDonaldTrump @CFTC Congratulations!

[Jai Massari @JaiMassari]

6) Read the full opinion piece with @ccatalini @RebeccaRettig1 in @prsyndicate001
https://t.co/blOZSjJ0Tu

[Andrew_Whitworth @AA_Whitworth]

Great conversation with @podcastdxb yesterday on all things crypto policy in the UAE and the world:

Balancing Innovation and Regulation: ⚡The Future of Crypto with Andrew Whitworth ⚡ - Blockchain DXB | Podcast on Spotify.
check it here on Spotify: https://t.co/B60Vhh24PP

[Julie Stitzel @julie_stitzel]

1/ Congratulations to the @FinancialCmte @HouseAgGOP @HouseAgDems for passing the historic, bipartisan FIT for the 21st Century Act out of committee this week—a bill creating a comprehensive framework for digital assets in the U.S.

[Susan Friedman @ss_friedman]

@RepRitchie, @GOPMajorityWhip, and @RepDarrenSoto have all championed this key point in the Ripple decision: “crypto assets are not securities in themselves.” As noted by @RepRitchie, a reevaluation of the SEC’s “regulatory assault” on industry is needed now.

[Rep. Ritchie Torres @RepRitchie]

🚨 Needless to say, regulating digital assets through enforcement only had a dreadful day in court last week.

In the wake of the resounding decision out of the SDNY Ripple case, @SECGov must reassess its continued assault on the crypto industry.

My letter to Chair Gensler:

[Susan Friedman @ss_friedman]

We have long been supporters of @GOPMajorityWhip Emmer’s Securities Clarity Act and today’s ruling makes the point crystal clear.

[Tom Emmer @GOPMajorityWhip]

The Ripple case is a monumental development in establishing that a token is separate and distinct from an investment contract it may or may not be part of. Now, let’s make it law. 👇

[Susan Friedman @ss_friedman]

As we get ready to celebrate July 4 in the states, notably it’s the UK that is leaving the US behind in key areas. The Financial Services & Markets Act being written into law marks a defining moment for #crypto regulation globally.

[Andrew_Whitworth @AA_Whitworth]

The UK is making good on its promises to position the country as a leading crypto hub.

Good to talk to @TheBlock__ about the UK's Financial Services and Markets Bill receiving Royal Assent.

[Susan Friedman @ss_friedman]

Today's news is the result of months of thoughtful engagement by a world class regulator in @MAS_sg . Looking forward to watching @Ripple continue to build in jurisdictions like Singapore that are laser focused on building comprehensive regulatory frameworks for digital assets.

[Ripple @Ripple]

We’re honored to obtain In-Principle Approval of a Major Payments Institution License from the @MAS_sg – allowing us to offer regulated digital asset products and services, and scale customer use of #ODL. 🇸🇬

Learn more: https://t.co/8Ylc3lZSeg

[The Block @TheBlockCo]

Ripple secures Singapore Major Payments Institution License https://t.co/8j0vT3ZJrm

[Susan Friedman @ss_friedman]

I was lucky enough to work directly with Heath @USTreasury - @circle could not have made a better pick for their CLO. Congrats Heath on the new role!

[Jeremy Allaire - jerallaire.arc @jerallaire]

1/ This morning, @circle announced that Heath Tarbert is joining us as Chief Legal Officer and Head of Corporate Affairs. Heath joins Circle from @citsecurities (Citadel Securities), was former @CFTC Chair, and worked in @USTreasury, the @WhiteHouse, the DOJ and @USSupremeCourt

[Boris Alergant @Borissimo]

SEC approves $COIN, a cryptocurrency exchange for IPO, changes mind and sues $COIN for being a cryptocurrency exchange. Logic is sound here.

[Andrew_Whitworth @AA_Whitworth]

The @bankofengland consultation on a digital pound ends soon. Ripple has responded. We support the policy aims of a digital pound and stress the need for tech, payments and x-border interoperability.

[Susan Friedman @ss_friedman]

While the upcoming June 13 HFSC hearing is an important one for crypto, the one being held next week by @HouseAgGOP is equally so. @CongressmanGT has been a steadfast supporter of the call for clarity in this space. https://t.co/DLLUjDzhQr

[Susan Friedman @ss_friedman]

One positive point in the TSC report is that it explicitly calls out the cross-border payments use case as one of the most convincing real-world use cases for crypto along with financial inclusion (page 5-6) https://t.co/rGagRWef2N

[Susan Friedman @ss_friedman]

There’s been a lot of talk about the UK Treasury Select Committee report comparing crypto to gambling…fortunately, despite the strong language from the Committee, HM Treasury stands by its plan to regulate the market.
https://t.co/iUYswgBFv2

[Susan Friedman @ss_friedman]

"Risks posed by crypto are typical of those that exist in traditional financial services and it's financial services regulation - rather than gambling regulation - that has the track record in mitigating them ... we are taking an agile approach to robustly regulating the market."

[Susan Friedman @ss_friedman]

The UK released its Treasury Select Committee report on #crypto regulation earlier. We're pleased to see it recognize the real application of crypto technology, e.g. to improve the efficiency of cross-border payments.

I discussed this on @BBCRadio4: https://t.co/phCmv8dcyS

[Susan Friedman @ss_friedman]

In the "years"(!) it may take the SEC to decide simply to start the process of rulemaking, MiCA will have gone into force alongside other global regulatory frameworks. It's exactly why the work being done by @PatrickMcHenry, @CongressmanGT, and @RepFrenchHill is so important.

[Paul Grewal @iampaulgrewal]

The SEC told the court that rulemaking may take years and they're in no rush. 3/7

[Susan Friedman @ss_friedman]

Fears regarding innovation moving overseas are not overstated - crypto industry players are already migrating to places like Europe where the rules of the road are clear thanks to MiCA. US regulatory paralysis has real, measurable impact in terms of jobs and investment lost.

[Financial Services GOP @FinancialCmte]

The @SECGov's regulation by enforcement regime is pushing innovation in the digital asset ecosystem overseas, threatening American competitiveness.

Republicans will provide regulatory clarity for digital assets to preserve this technology and its potential here in the U.S.

[Boris Alergant @Borissimo]

Grateful to be working at a crypto firm with the means and willingness to fight a government that has overstepped. #crypto https://t.co/CUQpkEP5la