THE HASH: Nasdaq Freezes Crypto Custody Service Plan; RFK Jr. Reiterates Stance on Bitcoin

CoinDesk Podcast Network

CoinDesk

Business News, News, Daily News, Tech News

4.7 • 698 Ratings

🗓️ 19 July 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The most valuable crypto stories for Wednesday, July 19, 2023. "The Hash" covers the biggest stories in crypto today, including why the Nasdaq is dropping its plans for a crypto custody service. Democratic presidential candidate Robert F. Kennedy Jr. unveils a plan to exempt bitcoin (BTC) from capital gains tax when it is converted into U.S. dollars. The U.S. Senate is poised to take another crack at regulating the crypto industry. And, Terraform Labs reportedly taps a new interim CEO. See also: Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions RFK Jr. Vows to Back Dollar With Bitcoin, Exempt BTC From Taxes New U.S. Senate Bill Wants to Regulate DeFi-Like Banks This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

Click on a timestamp to play from that location

0:00.0	This is the hash podcast.
0:10.4	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
0:15.7	All on the hash for your ears.
0:19.2	You're listening to the Coin Desk Podcast Network. Hey there, welcome to CoinDest TV.
0:25.7	Welcome to the hash. That's why you're here. Let's just get straight to the point. The hash,
0:31.0	it rules. I'm Zach Seward. We got Jen Sanassie. We got Will Foxley. We got Wendy O. We're here to get you
0:36.4	caught up on today's Crypto News.
0:38.9	And we're starting off with Wendy. What's up?
0:41.7	I'm first again. Was I first yesterday, too? I'm just kidding. I think you were because
0:44.9	I feel like the sigh. I feel like the sigh. Okay, well, this is the thing. It looks like we
0:49.6	have another Bitcoin bull, bull, bull. And Michael Sailing has got some serious competition here,
0:55.9	because apparently U.S. presidential candidate RFK Jr. vows to exempt crypto from capital gains tax
1:01.8	if elected. Wait, was that it or is there another one? No, I think I'm confused.
1:06.3	Oh, okay. Sorry, I read the wrong story. You guys. You're going to have to forgive me.
1:10.0	But basically, well, that happened, but he also vows to back dollar with Bitcoin, except Bitcoin from
1:14.6	taxes. Okay, that makes sense. So he came out yesterday, swing in, and said that this would spur
1:19.1	investment and incentivize businesses to stay and grow within the U.S. It would promote innovation,
1:24.3	protect privacy, make it harder for governments to use currency against free speech.
1:28.2	We will also be able to use Bitcoin to save the U.S. dollar.
1:31.1	I think that this is an absolute fantastic idea.
1:33.3	I think it would make a lot of sense because Bitcoin does have a finite supply.
1:36.2	It is capped at $21 million.
	...

Please login to see the full transcript.

Previous episode | Next episode

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

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