THE HASH: Florida Gov. DeSantis Proposes Ban on CBDCs; Tax Man Cometh for NFTs
CoinDesk Podcast Network
CoinDesk
4.8 • 689 Ratings
🗓️ 21 March 2023
⏱️ 24 minutes
🧾️ Download transcript
Summary
The most valuable crypto stories for Tuesday, March 21, 2023.
"The Hash" tackles today's hot topics: Treasury Secretary Janet Yellen says the U.S. will intervene to protect smaller banks if necessary. Florida Gov. Ron DeSantis is proposing a law to ban CBDCs from his state. India's central bank wants privacy protections in place for retail CBDC users. Plus, the IRS wants to tax non-fungible tokens (NFT) just like other collectibles.
See also:
IRS Seeks to Tax NFTs Like Other Collectibles
Florida Gov. Ron DeSantis Proposes Law to Ban CBDCs
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The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
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Transcript
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| 0:00.0 | This is the hash podcast. |
| 0:10.2 | Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more. |
| 0:15.4 | All on the hash for your ears. |
| 0:18.9 | You're listening to the Coin Desk Podcast Network. |
| 0:23.7 | Hey there, welcome to Coin Desk TV. |
| 0:26.3 | You are watching The Hash. |
| 0:28.2 | I'm Zach Seward. |
| 0:29.2 | That's Wendy O. |
| 0:30.4 | There's Will. |
| 0:31.4 | We're going to get you up to speed on all that's going on in the world of crypto, |
| 0:35.0 | finance, and more, including some comments from the Treasury Secretary. |
| 0:40.2 | Is that right? Did Janet Yellen say something, Will? What's going on? |
| 0:43.2 | That's right. We got a nice Bloomberg scoop to start off the day. Talk about how the FDIC is actually |
| 0:47.9 | looking to move beyond the $250,000 insured level for all deposits at most banks. They're looking to basically enact some pretty |
| 0:56.2 | extreme measures in the wake of both SVB and signature bank being taken over by FDIC and also |
| 1:03.2 | Silvergate voluntarily winding down operations. There's a lot of contagion in the banking sector, |
| 1:09.1 | and they want to stem any more of that from occurring. |
| 1:11.4 | So we're looking to ease the fears of depositors |
| 1:13.6 | by increasing the insurance levels |
| 1:15.9 | to what seemingly are extreme amounts. |
| 1:20.2 | I don't know. |
| 1:20.7 | Wendy, your take on it. |
... |
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