BREAKDOWN: Unsatisfying Clarifications on the Tornado Cash Sanctions

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 14 September 2022

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

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Summary

Even those who were “dusted” will need to file reports to the U.S. Treasury Department. This episode is sponsored by Nexo.io, Chainalysis and FTX US. On today’s episode, NLW catches listeners up on the latest news in crypto, including: Arrest warrants for Do Kwon and others from Terra El Salvador Bond Repurchase program Crypto regulatory and enforcement news from Uruguay and Argentina Canada’s Prime Minister makes bitcoin a campaign issue - Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company ensures the safety of your funds by employing five key fundamentals including real-time auditing and recently increased $775 million insurance on custodial assets. Learn more at nexo.io. - Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com. - FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today. - I.D.E.A.S. 2022 by CoinDesk facilitates capital flow and market growth by connecting the digital economy with traditional finance through the presenter’s mainstage, capital allocation meeting rooms and sponsor expo floor. Use code BREAKDOWN20 for 20% off the General Pass. Learn more and register at coindesk.com/ideas. - “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 sponsors today is “Razor Red” by Sam Barsh and “The Life We Had” by Moments. Image credit: z_wei/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8. 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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0:40.8	Start your free 30-day trial at audible.com slash Wondery UK.
0:45.6	That's audible.com slash Wondery UK.
0:53.9	Welcome back to The Breakdown with me, NLW.
0:58.8	It's a daily podcast on macro, Bitcoin, and the big picture power shifts remaking our world.
1:04.5	The breakdown is sponsored by nexo.io, chain aliasis, and FtX, and produced and distributed by CoinDesk.
1:12.4	What's going on, guys? It is Wednesday, September 14th, and today we are catching up on
1:16.9	everything going on in the crypto world. One quick note, before we dive in, though, there are two
1:21.9	ways to listen to the Breakdown Podcast. You can listen on the CoinDesk Podcast Network, where it comes
1:26.9	out every afternoon and also features other great CoinDesk shows, or you can listen on the Coin Desk Podcast Network where it comes out every afternoon and also
1:28.5	features other great Coin Desk shows, or you can listen on the Breakdown Only feed, which comes out a few
1:33.1	hours later in the evening. Wherever you listen, if you would take a minute to go leave a review
1:37.6	or a rating, I would so appreciate it. It makes a huge difference in terms of who discovers the
1:42.3	show, and I appreciate each and every one of you who takes the time to do that. Also, a disclosure, as always, in addition to them
	...

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