BREAKDOWN: Is U.S. Crypto Regulatory Bluster About to Become Action?
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 24 July 2021
⏱️ 11 minutes
🧾️ Download transcript
Summary
If regulation is unavoidable, now may be a better time to deal with it than later.
This episode is sponsored by NYDIG.
On this edition of the “Weekly Recap,” NLW covers:
- Institutional interest revamping
- The B Word conference, Elon’s reveal of SpaceX BTC holdings
- NFT platform OpenSea’s funding round success
- Regulatory bodies pursuing BlockFi
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NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.
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The Breakdown is written, produced by and features NLW, with editing by Michele Musso and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Razor Red” by Sam Barsh. Image credit: Velishchuk/iStock/Getty Images, modified by CoinDesk.
See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Transcript
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| 0:45.6 | That's audible.com slash Wondery UK. |
| 0:54.1 | Welcome back to The Breakdown with me, NLW. |
| 0:59.0 | It's a daily podcast on macro, Bitcoin, and the big-picture power shifts remaking our world. |
| 1:06.0 | The breakdown is sponsored by Nidig and produced and distributed by CoinDesk. |
| 1:12.5 | What's going on, guys? It is Saturday, July 24th, and that means it's time for the weekly |
| 1:17.9 | recap. And this is going to be a quick one, but I think it'll still be informative. |
| 1:22.6 | First, for those of you who haven't listened to yesterday's show yet, it was sort of a |
| 1:26.3 | banana's week in the institutions getting in on Cryptosphere. |
| 1:29.8 | I won't spend too much time on it because, like I said, it's all in that episode, but |
| 1:33.3 | here are the highlights. |
| 1:35.3 | Fidelity Digital Assets surveyed found 52% of institutional investors are already allocated to crypto. |
| 1:41.3 | 71% say it's important to them, and of those 71%, 90% expect to have an allocation |
... |
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