Is Crypto Already Soft-Banned in the U.S.?



Wednesday, Foreign Affairs published an argument from American University professor Hilary Allen that the U.S. should consider a full ban on crypto. The argument gives explicit voice to a position that has been held quietly in the Biden Administration, and represents a ratcheting up of the rhetorical war around crypto in the U.S.

Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh.

Join the discussion at discord.gg/VrKRrfKCz8.

source

Crypto CRACKDOWN?! What The G20 Is Planning Will SHOCK You!



🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
👕 My Merch Store 👉https://store.coinbureau.com
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/

~~~~~

📺Essential Videos📺

IMF Crypto Tax 👉 https://youtu.be/0pAhke9t0Oc
Sui Crypto Explained 👉 https://youtu.be/_UTFIgSIMDI
Global Crypto Regulations 👉 https://youtu.be/uFXYrrCr668
Global CBDC System 👉 https://youtu.be/5VPwG8hSbhw
OECD Crypto Tax 👉 https://youtu.be/mMxZ5wrSdAs

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► India G20 Crypto Roadmap: https://www.g20.org/content/dam/gtwenty/gtwenty_new/document/Presidency_note_on_Framework_for_Crypto_Assets.pdf
► Saudi Exploring Crypto: https://www.bloomberg.com/news/articles/2022-09-04/saudi-central-bank-hires-crypto-chief-to-boost-digital-ambitions
► G20 Crypto Pipe Dream: https://www.coindesk.com/markets/2018/03/28/a-g20-crypto-policy-lets-hope-its-a-pipe-dream/
► Kuwait Bans Crypto Because of FATF: https://cointelegraph.com/news/crypto-kuwait-bans-crypto-and-virtual-assets-transactions
► Binance Eyes UAE As Home Base: https://cointelegraph.com/news/binance-eyes-uae-as-possible-base-for-future-operations

~~~~~

– TIMESTAMPS –
0:00 Intro
0:35 What Is The G20?
3:31 G20 And Crypto
6:54 Indian G20 Presidency
11:18 G20 Crypto Roadmap
13:46 G20 Crypto History
16:41 Crypto Action Points
19:24 What Does It Mean For Crypto?
23:25 Outro

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Bitcoin #BTC #G20

source

How to Fight Back Against Rogue Regulators



Featured on this week’s “Long Reads Sunday”:

“Regulating Crypto by Enforcement and Stealth Will Set the US Back” – Michael Casey https://www.coindesk.com/consensus-magazine/2023/02/10/regulating-crypto-by-enforcement-and-stealth-will-set-the-us-back/

“The Right Analogy for Crypto Markets” – Nic Carter https://twitter.com/nic__carter/status/1625221587673702400

“How to Fight the Rogue SEC” – Balaji Srinivasan https://twitter.com/balajis/status/1625720725645692928

“The State of Crypto Policy” – Jake Chervinsky https://twitter.com/jchervinsky/status/1625568626462887945

Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

–

“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Alexey Surgay /Getty Images, modified by CoinDesk.

Join the discussion at discord.gg/VrKRrfKCz8.

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass.

Visit consensus.coindesk.com.

source

Is Custodia a ‘Sacrificial Lamb’ to the Fed’s War on Crypto Banking?



In a recent tweet, Kraken co-founder Jesse Powell suggested U.S. regulators like it when bad actors beat good actors because it takes down the crypto industry and the bad actors can be jailed later. In this episode, NLW explores the issue in the context of Custodia Bank’s battle to join the Federal Reserve system, and its argument that it is being unlawfully used as a “sacrificial lamb” in the wake of the FTX failure.

Join the discussion at discord.gg/VrKRrfKCz8.

Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW “The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Godong/Getty Images, modified by CoinDesk.

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

source

With Congress Impotent, Courts Are the Only Option for Fighting SEC Overreach



Today on “The Breakdown,” NLW discusses Silvergate, a scathing open letter from three U.S. senators to Binance and whether courts can stop an overreaching Securities and Exchange Commission.

Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW

–

“The Breakdown” is written, produced and narrated by Nathaniel Whittemore aka NLW, with editing by Michele Musso and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Malte Mueller/ Getty Images, modified by CoinDesk.

Join the discussion at discord.gg/VrKRrfKCz8.

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

source

Crypto News: SVB Collapse, USDC, ETH, SEC, Fed & MORE!



🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
👕 My Merch Store 👉https://store.coinbureau.com
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/

~~~~~

📺Essential Videos📺

Last Week’s Crypto Review 👉 https://youtu.be/X-pteZl0dxc
Silvergate Collapse Explained 👉 https://youtu.be/064KLVW9M1E
Crypto Crash Hearing Summary 👉 https://youtu.be/twqksPtRdhs
CBDC Development Updates 👉 https://youtu.be/-yPcZ_vuFgo
ESG And Cryptocurrency 👉 https://youtu.be/zVxiFEzCp2U
US Debt Ceiling Default 👉 https://youtu.be/qj2W07yYZrc

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► Circle Promises To Make USDC Holders Whole: https://cointelegraph.com/news/circle-plans-to-cover-missing-liquidity-in-silicon-valley-bank-with-corporate-funds
► NYAG Says ETH Is A Security: https://decrypt.co/123102/new-york-attorney-general-kucoin-ethereum-security
► FedNow Release Date: https://www.federalreserve.gov/newsevents/pressreleases/other20220829a.htm
► Biden Proposes 30% Crypto Mining Electricity Tax: https://cointelegraph.com/news/biden-budget-proposes-30-tax-on-crypto-mining-electricity-usage
► Jerome Powell Promises Higher Interest Rates: https://www.reuters.com/markets/rates-bonds/feds-powell-sticks-hawkish-message-second-day-testimony-2023-03-08/

~~~~~

– TIMESTAMPS –
0:00 Intro
1:47 Crypto Market Crisis
6:15 Ethereum Uncertainty Increases
10:14 What Now? FedNow
14:05 Tax The Rich
17:49 Not Done Yet
21:13 Ben Cowen Crypto Analysis
24:07 Outro

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #News #USDC #SBV

source

Crypto Crackdown Hearing!! Here's What's Going On!



🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
👕 My Merch Store 👉https://store.coinbureau.com
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/

~~~~~

📺Essential Videos📺

Lee Reiners Anti-Crypto Testimony 👉 https://youtu.be/twqksPtRdhs
Operation Chokepoint 2.0 Explained 👉 https://youtu.be/tV1jp4FrKlU
The Man Behind The Crypto Crackdown 👉
EU Crypto Regulations 👉 https://youtu.be/NdsK8Zhlwqg
UK Crypto Regulations 👉 https://youtu.be/oToCRcIKluQ
Digital ID Coming Soon 👉 https://youtu.be/uwRSzNTp2ko
FATF Crypto Recommendations 👉 https://youtu.be/cZyTDJPnp14
FTX Collapse Explained 👉 https://youtu.be/WgJbWZpRWyo
FSB Global Crypto Regulations 👉 https://youtu.be/vKzblC8wQrA

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► Full Crypto Crackdown Hearing: https://www.youtube.com/watch?v=hp2lT_Xe0do

~~~~~

– TIMESTAMPS –
0:00 Intro
0:40 About The Hearing
3:43 Opening Statements From Politicians
5:41 Opening Statements From Witnesses
9:27 SEC, CFTC
12:20 FATF, Digital ID
15:47 FTX, Crypto Bankruptcies
19:09 EU, UK Crypto Competition
22:38 What Does It Mean For Crypto?

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Crypto #Congress #Bitcoin

source

CRAZIEST Crypto Hearing: How Is This Happening?!



🛒 Get The Hottest Crypto Deals 👉 http://www.coinbureau.com/deals
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
👕 My Merch Store 👉https://store.coinbureau.com
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/

~~~~~

📺Essential Videos📺

Crypto Crashing Hearing 👉 https://www.youtube.com/live/6wYoE8EqGSI?feature=share
Operation Chokepoint 2.0 👉 https://youtu.be/tV1jp4FrKlU
JP Morgan Crypto Report 👉 https://youtu.be/SboIu0BVJws
Bank Bail Ins Explained 👉 https://youtu.be/0Og5-OJ1x1s
Fidelity Bitcoin Analysis 👉 https://youtu.be/2otrUKwehc8
Blockchain Analytics Companies 👉 https://youtu.be/KR5_6uVBRDU
How To Spot The Top 👉 https://youtu.be/W5MCQJR-yWA
How To Buy The Dip 👉 https://youtu.be/Prkv45GfGUg

~~~~~

⛓️ 🔗 Useful Links 🔗 ⛓️

► About The Crypto Crash Hearing: https://www.banking.senate.gov/hearings/crypto-crash-why-financial-system-safeguards-are-needed-for-digital-assets

~~~~~

– TIMESTAMPS –
0:00 Intro
0:44 About The Hearing
4:08 Opening Statements
7:27 Anti Crypto Politicians
10:54 Crypto Adoption, Banking
14:08 Crypto Crash, DeFi KYC
18:01 What Does It Mean For Crypto?

~~~~~

📜 Disclaimer 📜

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Bitcoin #Crypto #Congress

source

Python Politics Part 1: The US Government's Slow Squeeze on Crypto via the Banking System



Operation Choke Point was an Obama-era initiative that put political pressure on banks and financial institutions to deny service to out-of-favor industries. Something similar is happening again with intense pressure being exerted for banks not to service the crypto industry. On this first part of a two-episode special, NLW looks at what’s happening, as well as the key recent history of the Office of the Comptroller of the Currency, the U.S.’ main banking regulator.

Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW –

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

–

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Lusky/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

source

Python Politics Part 2: Operation Choke Point 2.0 Begins



The crypto industry is increasingly facing a U.S. banking system that has been weaponized against it. In this second part of a two-part special, NLW looks at the post-Brian Brooks era at the Office of the Comptroller of the Currency, and examines how crises like Luna and FTX have changed the situation.

Enjoying this content? SUBSCRIBE to the Podcast Apple: https://podcasts.apple.com/podcast/id1438693620?at=1000lSDb Spotify: https://open.spotify.com/show/538vuul1PuorUDwgkC8JWF?si=ddSvD-HST2e_E7wgxcjtfQ Google: https://podcasts.google.com/feed/aHR0cHM6Ly9ubHdjcnlwdG8ubGlic3luLmNvbS9yc3M= Join the discussion: https://discord.gg/VrKRrfKCz8 Follow on Twitter: NLW: https://twitter.com/nlw Breakdown: https://twitter.com/BreakdownNLW –

Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code BREAKDOWN to get 15% off your pass. Visit consensus.coindesk.com.

–

“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. Music behind our sponsor today is “Foothill Blvd” by Sam Barsh. Image credit: Lusky/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.

source