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Rashan A. Colbert
@Rashan
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Tech Policy (DeFi, Crypto, AI) @dydx @CoryBooker alum | DC sports fan. You can probably find me reading. Crypto//History//Politics//Art
Washington, DC
Joined January 2009
Great commentary, Jake. I'm personally hoping this decoupling of policy news and price movement is a lasting evolution of the ecosystem. I've been pondering how much I think crypto being "hot" right now is a boon or a harm to the efforts of those working on policy change... Good for getting us on the agenda. Maybe less good for the often ugly work of nitty gritty legislating?
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.@boomaero Just surpassed the speed of sound. A long time coming. Really exciting stuff!
Happening Now. Watch XB-1's supersonic test flight in real-time. Join us and see XB-1 break the sound barrier from the viewpoint of our chase aircraft.
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RT @HarryAlford3: My grandfather was one of the original five Tuskegee airmen, Charles DeBow, and my youngest son is named after his co-pil…
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🚀 NEW Crypto EO: The U.S. doubles down on Decentralized innovation and DeFi! A new Executive Order from the President has just set the stage for America to lead in digital assets and blockchain while prioritizing liberty and consumer protection. Here's what you need to know: 👇 1️⃣ Freedom to Build & Transact with DeFi The President is making it clear—law-abiding citizens and businesses have the right to use open blockchain networks freely. From self-custody of assets to developing and deploying software, innovation won’t be stifled. 2️⃣ Strengthening the Dollar’s Global Role 💵🌍 Stablecoins pegged to the U.S. dollar get a huge stamp of approval. The order supports lawful, legitimate dollar-backed stablecoins to keep the dollar strong worldwide. 3️⃣ Fair Banking for All 🤝 Crypto startups and individuals have been too often denied banking services over the past several years. The administration says it’s time to end this. Fair, open access to banking services is now a priority. 4️⃣ Clear Rules for Innovation ✅ The order pushes for transparent, tech-neutral regulatory frameworks that will give businesses the clarity they need to thrive. The US has been poorly positioned to lead the next generation of decentralized innovation. This will be a major unlock. 5️⃣ No to CBDCs 🚫 The order bans CBDCs in the U.S., citing risks to financial stability, individual privacy, and the sovereignty of the dollar. 📜 Breaking With the Past, Looking to the Future The order repeals Biden’s 2022 EO on Digital Assets, and the revocation of Treasury’s “Framework for International Engagement on Digital Assets.” The EO was an opportunity for the previous admin to start fresh and build something meaningful with the help of Congress and regulators. Unfortunately, its release was followed by the unfair practice of ‘regulation by enforcement’ and loading anti-crypto rhetoric. The new EO creates the Working Group on Digital Asset Markets within the NEC; a powerhouse task force led by top officials from across the Executive branch (Treasury, AG, Commerce, DHS, CFTC, SEC, et al). Their job? Propose a full framework for crypto regulation within 6 months. ⏳ They’ll focus on: 🔹 Market oversight and consumer protection, risk management. 🔹 Building a “digital asset stockpile” (think seized crypto turned into national reserves). 💥 Why This Matters: This is a bold move for the U.S. to reclaim its role as the leader in digital financial innovation. It supports crypto entrepreneurs, protects consumers, and sends a global message: America is all-in on blockchain tech. For the crypto community, this could mean: 🔑 More clarity on the rules. 🏦 Easier access to banking. 💡 A friendlier environment for innovation. President Trump just put a DeFi flag in the dirt: Crypto is the future. And that future will be led by the USA.
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A good night for DC sports! @Commanders get a great payoff win to keep dream alive. @FTiafoe rallies from the barf inducing summer sun to advance past the first round of the @AustralianOpen.
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