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WSJ Your Money Briefing

How Softer Crypto Regulations Under Trump Could Impact Bitcoin

WSJ Your Money Briefing

The Wall Street Journal

Business News, News

4.11.7K Ratings

🗓️ 19 November 2024

⏱️ 9 minutes

🧾️ Download transcript

Summary

Bitcoin has added nearly $500 billion to its total value since Election Day. Wall Street Journal columnist James Mackintosh joins host J.R. Whalen to discuss several Trump campaign proposals related to the cryptocurrency, including a potential government stockpile of the virtual coin.  Sign up for the WSJ's free Markets A.M. newsletter.  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:23.3

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0:26.8

or offer to buy, sell, or retain any specific investment or service.

0:32.7

Here's your money briefing for Tuesday, November 19th. I'm J.R. Whelan for the Wall Street Journal.

0:40.5

Bitcoin has been a big winner among investments this month. It's now worth about $1.8 trillion,

0:47.0

ranking between Google Parent Alphabet and Facebook owner Meta.

0:51.0

People are very excited about what they're calling the first crypto president. Donald

0:55.8

Trump gave a big speech over the summer to a cryptocurrency conference where he came out strongly

1:00.9

in favor of cryptocurrencies. He said that he would reduce regulation. So he wants to have

1:06.7

regulations made by people who like Bitcoin rather than the current administration, which

1:12.5

has been very anti-cryptocurrencies.

1:14.7

We'll talk to Wall Street Journal columnist James McIntosh.

1:18.0

After the break.

1:22.6

Exchanges, the Goldman Sachs podcast featuring exchanges on rates, inflation, and U.S. recession risk,

1:35.7

exchanges on the market impact of AI.

1:39.0

For the sharpest analysis on forces driving the markets and the economy, count on exchanges between the leading minds at Goldman Sachs.

1:47.2

New episodes every week. Listen now.

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