Ryan

Come on, come on, right?

Okay, so there are two drafts, two markups, right?

One in the Ag Committee and the other in the Banking Committee.

Are they similar or different?

What's going on here?

Yeah, I think it's because Coinbase dropped out, right?

Yeah, so, I mean, the banking committee is really interesting because it has people like our favorite senator, Elizabeth Warren, on the banking committee, who used to be a lot more powerful and influential on these types of topics, is less so, but she is trying her darndest.

She had filed 38 different amendments to this specific bill to, of course, remove developer protections, make...

AML-KYC obligations for all DeFi, for all front ends, repeal positive OCC guidance for banks, gut the SEC's ability to allow any tokenized stocks, like all of the things you would expect.

She's there and she's a part of Senate banking trying to

push this into the bill.

Yes, yes.

And this is part of the reason people like, senators like Warren have gotten some of this language in, some compromised version of this language in the bills.

Part of the reason that you're right.

Coinbase came out and they said,

We don't support this bill, right?

We're out.

Yeah.

It's kind of, I guess, a rage quit.

I think they're still hopeful that these issues could be changed, but they're kind of rage quitting for now.