Last week, during a press conference with Chairman Hill, Thompson, Scott and Bozeman, the White House's AI and crypto czar, David Sachs said the administration's committed to working with Congress on a market structure and stablecoin framework. While financial market regulators have the power to clear up some of the regular regulatory ambiguity related to the digital asset ecosystem, there's some obvious gaps where no regulator has jurisdiction. I wanna start with you, Mr. Garrison. We'll kind of jump around just a little rapid fire to stage set here. (00:20–00:33)
CLAIM
Asserts that there are gaps in the digital asset ecosystem where no regulator has jurisdiction.
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