Adam Minehardt
199 posts

Adam Minehardt
@adam_minehardt
Head of Public Policy at @Chainlink; prev. CoS for Member of U.S. Congress, @FederalReserve, @Citi, @StellarOrg, @FS_Vector #crypto #blockchain

Under my leadership at the @CFTC, we’re committed to future-proofing regulation for the new frontier of finance. Today, I’m proud to announce the launch of our Innovation Task Force, which will build on our Innovation Advisory Committee work and establish clear rules of the road for innovators in our financial markets. Read more⬇️ cftc.gov/PressRoom/Pres…

FYI This morning the Federal Reserve will release a proposal for revisions to the Basel risk weighting standards. Bitcoin is currently treated as a toxic asset under the Basel standards. A change in the guidance would be a big win for American Bitcoiners. BPI will be in attendance at today’s meeting. We’ll keep you updated on text of the proposal and next steps.



JUST IN: The U.S. @SECGov and @CFTC issue a joint interpretation officially classifying the LINK token as a digital commodity. We congratulate the SEC and CFTC on this landmark milestone that provides a clear legal framework for the institutional adoption of digital assets.

🚨⛈️ SEVERE WEATHER OUTBREAK EXPECTED TOMORROW ACROSS THE DMV: The Storm Prediction Center has upgraded the DC Metro Area to a very rare Level 4 out of 5 risk for severe weather, the first since August of 2023. The greatest chance for storms will be between 12PM-8PM Monday. This will not be a typical severe weather event for the DMV, with widespread damaging to possibly destructive winds and several tornadoes, some of which could be strong (EF-2+), all being possible. Some large hail and very heavy rain will also likely accompany storms. Be prepared for the chance of widespread power outages and downed trees. Several roads may become blocked as a result. Now is the time to review your severe weather safety procedures with families and friends and have several ways to get alerts! Take this seriously! #vawx #mdwx #dcwx #wvwx

The era of turf wars, duplicative registrations, & differing regulations between @SECgov & @CFTC is over. By aligning regulatory definitions, coordinating oversight, & facilitating data sharing, @ChairmanSelig & I will ensure we deliver the clarity market participants deserve.

Wall Street’s top two regulators, the SEC & CFTC, are exploring moving in to the same building (SEC’s current HQ complex by Cap Hill). Scoop on @TheTerminal with @nicola_m_white


New: The White House wanted a deal on stablecoin yield done by this weekend. Will that happen? No, a banking source with direct involvement tells me. "Patrick Witt made the unfortunate error of going out to the press and saying he'd get this done before March. It's not going to get done before March," the source said. The crypto and bank lobbies are still far apart on the issue of yield, which is holding up a crypto market structure bill. "Is there language circulating? Yes. Is the language close? No," the source said. "We're not close to a bill." "I think that there's a very real likelihood that this thing falls apart unless Brian Armstrong comes to the table," the source added, referring to the Coinbase CEO, who has been adamant that stablecoins can generate yield for users. The source emphasized that the banks want a deal here, but figure chances of passage could drop to near-zero in the next month.



Welcome to our new Crypto Task Force Chief Counsel, Taylor Lindman, who joined the SEC today. I predict great things!

JUST IN: @RobinhoodApp launches public testnet and partners with Chainlink as the oracle platform for Robinhood Chain. Builders can leverage Chainlink’s data, interoperability, and compliance standards to power advanced tokenization use cases. Robinhood 🤝 Chainlink

We are Hyperliquid Policy Center. HPC is a research and advocacy nonprofit focused on advancing a clear path for decentralized finance to thrive in the USA. We will introduce policymakers to @HyperliquidX and bridge the gap between law and next-generation market infrastructure.

Here is the full roster of the @CFTC Innovation Advisory Committee.👇
