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Mailbag 9/15

Mailbag 9/15
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Token Taxonomy Bill: Crypto holidays are here – Bankless Times

Token Taxonomy Bill: Crypto holidays are here
The following article was provided by Mike Minihan, partner at BX3 Capital.
For crypto enthusiasts in the US, Christmas came a few days early this year. The industry’s thought leaders descended on Congress in September, pleading for legislation of any kind, to help stabilize a jittery industry that most feared “regulation by enforcement.” With but one day remaining before the Congressional holiday, it was suddenly clear that those pleas were heard!
The bipartisan bill introduced yesterday by Reps. Warren Davidson (R-OH) and Darren Soto (D-FL) made several extraordinary accomplishments. But first and foremost, it put the world on notice that the US recognizes the importance of emerging opportunities for digital currency, tokens, and blockchain-based tools. Is it a perfect solution? No. It is, however, a critical first step towards ensuring US leadership in emerging technology. ....

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Smith slams F-35 'rat hole,' questions Pacific buildup

Smith slams F-35 ‘rat hole,’ questions Pacific buildup
With Connor O’Brien
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The House Armed Services Committee chair pledges to rein in the F-35 jet and tells POLITICO he isn’t sold on bolstering forces in the Pacific.

The stimulus bill passed by the Senate extends the program to cover salaries at defense plants shuttered by the pandemic. ....

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