meta_pixel
Tapesearch Logo
Log in
What Next | Daily News and Analysis

TBD | Does Crypto Investment Need to Be Regulated?

What Next | Daily News and Analysis

Slate Podcasts

News, News Commentary, Daily News

4.32.4K Ratings

🗓️ 26 June 2022

⏱️ 22 minutes

🧾️ Download transcript

Summary

Fidelity made headlines when they announced you could invest your retirement savings in Bitcoin. Then the crypto market crashed. Guest: Anthony Lee Zhang Host: Sonari Glinton Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

This episode is brought to you by Best Buy. This year let Best Buy be your holiday

0:05.3

height partner. Whether you're searching for exciting gifts, trying to snag the hottest

0:09.3

holiday deals, or looking for ways to simplify the giving and receiving experience, Best Buy is

0:14.7

here to help. Best Buy has the best assortment of impactful tech gifts, along with fast and free

0:20.9

fulfillment options and great deals all season long. Maybe you're looking for an air-fire to help

0:26.9

the aspiring foodie in your life unlock new recipes, or a new phone or camera for an aspiring

0:32.6

filmmaker who's turning their passion into a side gig. Or you might be on the hunt for a new

0:37.8

smartwatch to support a friend's wellness journey. No matter what you're looking for, Best Buy is your

0:43.2

gifting destination for everyone on your list. And Best Buy makes it easy to get your gifts how and

0:49.4

when you need them with free next day delivery on thousands of items, as well as same day delivery

0:54.7

and in-store pickup options, shop great deals on gifts now at Best Buy.

1:07.7

Cryptocurrency has arrived. This April, Fidelity became the first major retirement

1:13.6

plan provider to allow everyday people to invest in Bitcoin with their retirement accounts.

1:19.2

The fact that a regulated, traditional, high-status financial institution is telling you, hey,

1:24.8

buy some of this stuff, right? Gives it some of the staff of approval that is not present in one of

1:30.1

these traditionally, like, kind of sketchy sounding crypto exchanges. That's Anthony Lee Ziong,

1:35.2

he teaches finance at the University of Chicago's Booth School of Business. He says this move by

1:41.6

Fidelity, signaled a major shift in how traditional financial institutions view cryptocurrency.

1:49.3

The past cycles, I think, somewhat more involved, kinds of people that were more on the fringes

1:54.4

of traditional finance, right? In this cycle, you see everyone getting in.

1:59.1

And then crypto crashed. What we do know is that even for those die-hard Bitcoin supporters who

2:07.0

were used to volatility, the last 74 hours were a very rough ride. In just one month,

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Slate Podcasts, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Slate Podcasts and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.