The State of crypto is presented by Tron connecting the world to the power of Cryptocurrency, the Consumer Financial Protection Bureau. The CFP B wants to expand its oversight to cover non-bank payment providers and some sub sectors of crypto transactions. Joining us now to discuss is Coin Desk, global policy and regulation, managing editor Nick Day, former courtroom sketch artist and Saman Man Fried's shadow, who was also the editor of coin desk state of crypto newsletter.
So, uh you know, I think, for example, um you know, if I'm buying a pizza and I'm using Venmo to pay someone back for it, that seems to be the kind of transaction that might be covered some terms of transactions therefore, might get caught up in that under just how they're defining the terms. So this, who actually would approve this, this sounds like an expansion of power, of course, that freaks out a lot of people in crypto.
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