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CoinDesk Podcast Network

COINDESK DAILY: Binance Exec's Wife Denies Extradition Report; Thailand Tightens Crypto Regulation

CoinDesk Podcast Network

CoinDesk

Cryptocurrencies, Cryptocurrency, Dlt, Tokenization, Coindesk, Distributed Ledger, Blockchain, Tech News, Business News, Ethereum, Bitcoin, News, Digitalassets, Daily News, Decentralization, Defi, Crypto, Business

4.8689 Ratings

🗓️ 22 April 2024

⏱️ 2 minutes

🧾️ Download transcript

Summary

Host Jennifer Sanasie breaks down the latest news in the crypto industry from the Binance saga in Nigeria to a crypto regulation update in Thailand.

To get the show every day, follow the podcast here.

"CoinDesk Daily" host Jennifer Sanasie breaks down the biggest headlines impacting the crypto industry today, including the latest update on the Binance saga as its executive Nadeem Anjarwalla has been located in Kenya after escaping from Nigeria. Plus, crypto exchange, Woo X becomes the first cryptocurrency exchange to offer retail customers exposure to tokenized U.S. Treasury bills. And, authorities in Thailand have decided to block “unauthorized” crypto platforms.

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This episode was hosted by Jennifer Sanasie. “First Mover” is produced by Jennifer Sanasie and Melissa Montañez and edited by Victor Chen.

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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0:00.0

The wife of Nadim Andjarwala, an executive who was caught in Binance's scuffle with Nigeria,

0:07.9

has denied reports of his arrest in Kenya and subsequent extradition back to Nigeria.

0:12.5

It was reported that Nigerian authorities found the executive in Kenya and were working with authorities to bring him back to the country.

0:20.4

This after Andrawala was detained in February as the country accused finance of manipulating

0:25.5

the local exchange rate, tax evasion, and money laundering.

0:29.2

Coin desk has reached out to Interpol, Kenya's foreign ministry, and Nigeria's police force

0:34.1

for comment.

0:35.8

Crypto Exchange Wu X is claiming bragging rights.

0:38.5

It says it is the first crypto exchange to offer retail customers exposure to tokenized

0:43.5

U.S. Treasury bills.

0:45.0

The yield-bearing product was unveiled today and is called real-world assets earn vaults.

0:50.0

Wu-X chief operating officer Willie Chuang said in an email that the initiative bridges a crucial

0:54.4

gap between traditional financial securities and the dynamic world of cryptocurrency.

1:00.1

tokenization, especially involving bank-grade assets like U.S. Treasuries, has become popular,

1:06.0

partly in response to interest rate increases and now dovetailing with the current crypto bull run.

1:11.6

Last year, crypto investment platform Finblock said it was planning to offer retail users

1:15.7

access to tokenized T-bills.

1:18.8

And Thailand has decided to block unauthorized crypto platforms to increase the efficiency

1:23.5

of law enforcement in solving the problem of online crime.

1:26.8

That's according to announcement on Friday.

1:29.0

Thailand Securities and Exchange Commission says it has considered the impact on users and will give

1:34.2

them time to manage their accounts before being unable to use the services. The Thai SEC cited earlier

...

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