# Episode 7: ETH ETF & Crypto Policy Update with George Leonardo

_The political winds are shifting around crypto_

May 31, 2024 • Michael Nadeau

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# Episode 7: ETH ETF & Crypto Policy Update with George Leonardo

## The political winds are shifting around crypto

Michael Nadeau
 May 31, 2024

 George Leonardo from[Cap Hill Crypto](https://www.caphillcrypto.com/newsletter?utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=episode-7-eth-etf-crypto-policy-update-with-george-leonardo) joined The Signal this week to discuss the evolving landscape of crypto regulation, which was marked by last week’s approval of the Ethereum ETF and significant policy movements within Congress.

##### Topics Discussed:

-  The repeal of the SEC’s SAB121 rule

-  The passage of FIT21 in the House of Representatives and what it means moving forward

-  The passage of the CBDC Anti-Surveillance State Act in the House, and the potential political influences driving these changes

-  The approval of the ETH ETF

##### Time Stamps:

 00:00 Introduction

 01:13 Historic Week in Crypto Policy

 01:48 Meet George Leonardo from Cap Hill Crypto

 03:25 Understanding SAB121 and Its Implications

 06:02 Congressional Review Act and Crypto Regulation

 07:17 Democratic Engagement in Crypto Policy

 12:18 The Financial Innovation and Technology Act (FIT 21)

 18:38 Decentralization and Digital Commodities

 22:36 Impact of Congressional Movements on Crypto Lawsuits

 24:54 Banning Central Bank Digital Currencies (CBDCs)

 27:50 Ethereum ETF Approval: A Game Changer

 31:03 Political Influences on SEC Decisions

 36:28 Implications of Ethereum's Unique Economics

 38:59 Ethereum vs. Bitcoin: Key Differences

 42:40 Future Outlook for Ethereum and Crypto Market

 50:20 Technological Revolutions and Crypto's Turning Point

 53:15 Conclusion and Future Content

##### Show Links:

-  Sign up for Cap Hill Crypto Policy Updates: [https://www.caphillcrypto.com/newsletter](https://www.caphillcrypto.com/newsletter?utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=episode-7-eth-etf-crypto-policy-update-with-george-leonardo)

-  Follow George Leonardo: [https://www.linkedin.com/in/george-leonardo-aa841423/](https://www.linkedin.com/in/george-leonardo-aa841423/?utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=episode-7-eth-etf-crypto-policy-update-with-george-leonardo)

[Listen on Spotify](https://podcasters.spotify.com/pod/show/thedefireport/episodes/Episode-7-ETH-ETF--Crypto-Policy-Update-with-George-Leonardo-e2kb4hq?utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=episode-7-eth-etf-crypto-policy-update-with-george-leonardo)

[Listen on Apple](https://podcasts.apple.com/us/podcast/episode-7-eth-etf-crypto-policy-update-with-george-leonardo/id1717262936?i=1000657433670&utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=episode-7-eth-etf-crypto-policy-update-with-george-leonardo)

[](https://tokenterminal.com/?utm_source=thedefireport.beehiiv.com&utm_medium=referral&utm_campaign=episode-7-eth-etf-crypto-policy-update-with-george-leonardo)

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 We hope you enjoy the episode and have a great weekend!

***Disclaimer: ****Individuals have unique circumstances, goals, and risk tolerances, so you should consult a certified investment professional and/or do your own diligence before making investment decisions. The co-hosts and their guests are not investment advisors and may hold positions in the assets covered. Certified professionals can provide individualized investment advice tailored to your unique situation. The topics discussed are for general educational purposes only, are not individualized, and as such should not be construed as investment advice. Any content shared in the podcast is derived from both publicly available information as well as proprietary data sources. All information presented and sources are believed to be reliable as of the date first published. Any opinions expressed during the show are based on information available as of the date of the publication. Although The DeFi Report and the co-hosts believe the information presented is substantially accurate in all material respects and does not omit to state material facts necessary to make the statements herein not misleading, all information and materials shared or discussed are provided on an “as is” and “as available” basis, without warranty or condition of any kind either expressed or implied.*