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CoinDesk Podcast Network

MONEY REIMAGINED: The Mother of All Risks - Attacks by Rogue States WIth Juan Zarate

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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

🗓️ 2 December 2022

⏱️ 46 minutes

🧾️ Download transcript

Summary

This episode is sponsored by Roofstock onChain.


The crypto world has been a little different every week after the fallout with FTX and the image of Sam Bankman-Fried versus the reality of what was actually happening has created distrust in the crypto industry. So where do we begin to ask the right questions to balance the need for security with privacy for the future? 

On this episode of “Money Reimagined,” hosts Michael Casey and Sheila Warren speak with Juan Zarate, senior adviser for Transnational Threats Project and Human Rights Initiative at CSIS, the Center for Strategic and International Studies; to discuss how crypto companies can better prepare themselves for financial risks and what is a “rogue state.” 

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This episode was produced and edited by Michele Musso with announcements by Adam B. Levine and our executive producer, Jared Schwartz. Our theme song is “Shepard.”

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Roofstock onChain allows you to instantly transfer ownership of real-world homes using standard NFT smart contracts. Buy and sell homes with one-click, pay with crypto, and access DeFi lending options. Find our web3 homes at onchain.roofstock.com or your favorite NFT marketplace.

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Transcript

Click on a timestamp to play from that location

0:00.0

This episode is sponsored by Roofstock on chain.

0:04.7

Money is changing.

0:07.0

So where do we go from here?

0:09.4

Through high-profile interviews and thought-provoking analysis,

0:12.4

join Michael Casey and Sheila Warren for the Money Reimagined podcast,

0:16.6

as they explore the connection between finance, human culture,

0:19.1

and are increasingly digital lives.

0:23.0

And just a reminder, CoinDesk is a new source and does not provide investment advice.

0:28.5

And now, here's Michael Casey.

0:32.2

Hello and welcome to Money Reimagined. I'm Michael Casey.

0:35.8

Among the many lessons learn from the FTX debacle,

0:39.7

one should now be fairly obvious. The crypto industry needs far better risk management and compliance.

0:46.2

And if crypto companies are going to prepare themselves better for financial risks like the

0:50.0

ones that have been unleashed in this past month, they should also protecting themselves from

0:54.7

the mother of all risks, attacks by rogue states. That's the argument of today's money-reimagined

1:00.5

guest, Juan Zaradi, a point that raises all sorts of thorny second round questions about

1:07.0

balancing the need for security with privacy. We'll dive into all of that with Juan,

1:12.0

who is a senior advisor for the Transnational Threats Project and Human Rights Initiative

1:16.5

at the Center for Strategic and International Studies, also known as CSIS. Juan wrote a report for the

1:23.4

Crypto Council on Innovation entitled The North Korean Crypto Threat. It touched on a topic

1:28.9

at the heart of the controversial action from the US Office of Foreign Assets Control early this

1:34.0

year when it placed a ban on Cryptomixer Tornado Cash. As a reminder, the Crypto Council on

...

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