Transcript · English → Spanish

English → Spanish transcript

Esto es una competencia para ellos, lo ven como una competencia que perjudicará su capacidad de mantener los depósitos que necesitan para otorgar préstamos.

No estoy de acuerdo con eso, quieren cambios que en realidad volverían a la Ley Genius que aprobamos el verano pasado y le harían modificaciones.

Creo que deberían adoptar los activos digitales, van a ser parte de los productos financieros que podrán ofrecer en el futuro.

Vamos a tener un dólar digital, un bitcoin digital, monedas alternativas digitales.

Va a ser un nuevo panorama financiero y me gustaría ver a la industria bancaria tradicional adoptarlo en lugar de combatirlo.

End of transcript · 103 words · machine translated

Original transcript (English)

This is some competition for them, they view it as competition that will hurt their ability to sustain the deposits they need to make loans. I disagree with that, they want changes that actually would go back to the Genius Act we passed last summer and make changes to it. I think that they should embrace digital assets, it's going to be part of the financial products they can offer in the future. We're going to have a digital dollar, a digital bitcoin, digital alternative coins. It's going to be a new financial landscape and I'd like to see the traditional banking industry embrace it instead of fight it.

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