Chris Giancarlo

I've always looked at crypto as a better architecture of finance.

Crypto builders are going to build.

We're going to build here in the United States.

We're going to build overseas, but we're going to build no matter what the government does.

TradFi, on the other hand, can't just go overseas.

If we put the American economy on a digital network architecture, we're going to win the next century.

We've got to have that legislation, I believe.

So when the Trump team came in, they came in with a three-phase approach.

And two phases of those have been completed.

And yet now, because the third phase is not done, we're forgetting about what was all that's been accomplished.

So let me go through it.

Phase one was to just get rid of the bad policy.

The suppression of crypto, the attack on crypto.

And that was a matter of replacing rogue regulators with a good set of regulators.

Well, we've got Paul Atkins at the SEC, Mike Selig, the teams at OCC, the Fed.

The bad policy has really been stopped.

And let's take a moment and breathe and realize what a change of pace that is.

The second stage was to deliver on a series of campaign promises, Crypto Council, stop selling the crypto, Bitcoin and others that were seized as part of the federal government's actions, and to create the type of full government approach to the furthering of crypto innovation, which is part of an overall approach

of furthering all kinds of innovation, space travel, AI, drone technology, biotechnology, nanotechnology, all of which are now being accelerated.

So the first two phases of this approach have been done, and we can't lose sight of it.