**Crypto Comedy Hour: Congress and Crypto!**
- Congressman John Curtis and Senator Mike Lee took the stage at Permissionless III to chat about digital asset policy. Spoiler alert: it's complicated!
- Curtis hinted at a fragile bipartisan effort to repeal SAB-121, which restricts banks from holding crypto. "If it becomes a partisan issue, we're toast," he joked.
- He urged industry pros to educate lawmakers, saying, "Carefully explain the tech to them, or they'll think Bitcoin is a new type of cereal."
- Senator Lee warned against a Federal Reserve CBDC and overregulation, calling state-by-state rules "Death by 50 cuts."
- Lee added, "Crypto isn't a security or commodity; it's like digital Monopoly money!" 🤑
Stay tuned for more crypto capers!