In episode 7 of The Signal, we discuss the evolving landscape of crypto regulation, marked by last week's approval of the first Ethereum ETF and significant policy movements in Congress. We're joined by George Leonardo from Cap Hill Crypto to gain insights into recent legislative activities and the implications of revamped regulatory frameworks on the industry. Key topics include the SEC's SAB121, the Financial Innovation and Technology for the 21st Century Act (FIT 21) the CBDC Anti-Surveillance State Act, and the potential political influences driving these changes. The episode also dives into Ethereum's network effects and economic dynamics compared to Bitcoin, as well as broader market implications of an ETF, and how investors should be thinking about portfolio construction. 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 Resources: Sign up for Cap Hill Crypto policy updates: https://www.caphillcrypto.com/ Follow George Leonardo: https://www.linkedin.com/in/george-leonardo-aa841423/ We hope you enjoy the episode! --- Subscribe to The DeFi Report Newsletter: ⁠ https://thedefireport.io/subscribe⁠ Download a copy of The Ethereum Investment Framework: https://thedefireport.io/ethereum-inv... Subscribe on YouTube: ⁠https://bit.ly/3SeyyA8⁠ Subscribe on Spotify:  ⁠https://podcasters.spotify.com/pod/sh... Subscribe on Apple Podcasts:  ⁠https://podcasts.apple.com/us/podcast... Follow Michael: https://www.linkedin.com/in/michael-austin-nadeau/ Follow Oskari: https://www.linkedin.com/in/oskaritempakka/ ---- The views expressed by the co-hosts or any guests are their personal views and should not be relied upon as financial, technical, tax, legal, or any other type of advice.  The creators of this content, or members, affiliates, or stakeholders of The DeFi Report, may be participating in or have invested in the protocols or tokens mentioned herein. The foregoing statement acts as a disclosure of potential conflicts of interest and is not a recommendation to purchase or invest in any token or participate in any protocol.  Listeners are strongly urged to exercise caution and have regard to their own personal needs and circumstances before making any decision to buy or sell any token or participate in any protocol.