Geneva, Switzerland, April 20th, 2023, Chainwire
TRON DAO has launched the TRON Policy Report (TPR) Podcast as an informative conversation on the latest developments in cryptocurrency regulation. Host Andrew Hemingway, Policy Lead for TRON DAO, welcomes expert guests to deliver insights and analysis on the most current news and trends in crypto policy.
With three episodes already released, the podcast has already covered topics such as the culture of current lawmakers, regulatory needs in the blockchain industry, and ways to add clarity and definition to existing laws for the crypto marketplace. The launch date for the first episode was February 15, 2023.
In the first TPR episode, Hemingway spoke with Ari Redbord from TRM Labs, a digital asset compliance and risk management company that monitors, detects, and investigates crypto fraud and financial crime. They discussed the future of crypto regulations, the focus of governing authorities, and the culture of current lawmakers.
Redbord framed the current dilemma policy makers and regulatory authorities are facing when he rhetorically posed, “How do we thread the needle between ensuring that bad actors are not taking advantage of this new financial system yet at the same time providing the privacy that is necessary as people are transacting in a more and more open financial system?”
Listen to the full interview here.
Dr. Lisa Cameron joined TPR’s host for episode two. As a Member of Parliament (MP) in the United Kingdom, Dr. Cameron represents three districts near Glasgow, Scotland – East Kilbride, Strathaven, & Lesmahagow. She serves as a leader in the UK House of Commons and as chair of the crypto and digital assets all-party parliamentary group CryptoUK, which is the trade body representing the digital asset sector in the UK that works directly with policy makers & market participants to develop balanced policy.
“We are at the start of a new industrial revolution,” Dr. Cameron explained. She described how her role in cryptocurrency regulation grew out of necessity once she realized this topic was not yet being discussed in parliament, despite the fact that millions of people in the UK were already engaged in cryptocurrency. Dr. Cameron hopes to “[establish] education within the Parliament,” to facilitate informed decisions for proper regulation in the industry. “These open dialogues and debates are crucial,” she warned, making it imperative to understand the technology quickly in order to move forward confidently in a changing world.
Listen to their full interview on crypto policy trends and clear regulatory needs here.
In the most recent episode, Hemingway welcomed Nick Anthony, policy analyst with the Cato Institute's Center for Monetary and Financial Alternatives (CatoCMFA), a think tank project dedicated to finding alternatives to failed monetary and financial regimes. Anthony is also a fellow at the Human Rights Foundation (HRF).
Hemingway and Anthony addressed the current state of crypto regulation in the U.S. Congress and the quagmire leading policy makers are in due to the stigma surrounding the blockchain industry. The discussion included ways to add clarity and definition to existing laws for the crypto marketplace while acknowledging the challenges of the political process. Anthony pointed out, “One of the challenges right now is that you want policymakers to be fast, but the faster they are, the more mistakes that tend to be made.” This challenge leads to a deficiency of activity from Congress and the relative independence of regulatory agencies.
Listen to the full interview here.
TRON DAO strives toward transparency in Web3 as we #BUIDLtheFUTURE of commerce and community for every person on the planet. TPR is leading the conversation on crypto policy and regulatory needs. Subscribe for notifications when each new episode is released in order to stay in the know and ahead of the game with this must-listen podcast for crypto investors and blockchain entrepreneurs.
About TRON DAO
TRON DAO is a community-governed DAO dedicated to accelerating the decentralization of the internet via blockchain technology and dApps.
Founded in September 2017 by H.E. Justin Sun, the TRON network has continued to deliver impressive achievements since MainNet launch in May 2018. July 2018 also marked the ecosystem integration of BitTorrent, a pioneer in decentralized Web3 services boasting over 100 million monthly active users. The TRON network has gained incredible traction in recent years. As of April 2023, it has over 154.5 million total user accounts on the blockchain, more than 5.35 billion total transactions, and over $12.2 billion in total value locked (TVL), as reported on TRONSCAN.
In addition, TRON hosts the largest circulating supply of USD Tether (USDT) stablecoin across the globe, overtaking USDT on Ethereum since April 2021. The TRON network completed full decentralization in December 2021 and is now a community-governed DAO. Most recently in October 2022, TRON was designated as the national blockchain for the Commonwealth of Dominica, which marks the first time a major public blockchain partnered with a sovereign nation to develop its national blockchain infrastructure. On top of the government’s endorsement to issue Dominica Coin (“DMC”), a blockchain-based fan token to help promote Dominica’s global fanfare, seven existing TRON-based tokens - TRX, BTT, NFT, JST, USDD, USDT, TUSD, have been granted statutory status as authorized digital currency and medium of exchange in the country.