THE HASH: SEC's Gensler ‘Disappointed’ by Part of Ripple’s XRP Ruling; Crypto VC Funding in 2023

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4.7 • 698 Ratings

🗓️ 18 July 2023

⏱️ 22 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Tuesday, July 18, 2023. "The Hash" tackles today's hot topics, including SEC Chair Gary Gensler addressing Ripple's partial court victory in its fight against the SEC last week. Crypto investment firm CoinFund has raised $158 million, according to Bloomberg. Legitimate CEO Calvin Chan discusses partnering with Puma and Roc Nation to release a sneaker collection. And, Binance ends its five-year partnership with the Argentine soccer association, just after a year, citing a breach of contract. See also: SEC's Gensler 'Disappointed' by Part of Ripple's XRP Judgement, Still Assessing Opinion What Ripple’s Partial XRP Win Means for Other Crypto Firms Fighting SEC Hip-Hop Collab Teams PUMA, Roc Nation and Legitimate for Sneaker Release Binance Ends Argentina’s Soccer Association Partnership Citing Lack of Compliance 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

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0:00.0	This is the hash podcast.
0:09.5	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
0:15.3	All on the hash for your ears.
0:19.7	You're listening to the Coin Desk Podcast Network.
0:23.8	Hey there. It's The Hash. It's CoinDest TV. I remember how to do this thing. It's been a
0:28.6	minute. I'm glad to be back. I'm Zach Seward. I'm joined by Jensen Assey and Wendy.
0:32.9	Oh, we're here to do a nice jaunt through the crypto news of the day.
0:38.2	And we're going to start off with Wendy on everyone's favorite, Gary Gensler.
0:41.5	What did he say this time?
0:42.8	You know, guys, I'm just not ready for this Taco Tuesday.
0:46.1	This is just upsetting.
0:47.4	Well, it's not even upsetting.
0:48.3	It's just super annoying.
0:49.1	But anyways, SEC Gary Gensler, disappointed by part of Ripple, still assessing opinion and AI could play big
0:56.8	role in the future financial crisis. So I was just reading the little prompt that I had here
1:01.2	because it pretty much sums it up. So basically what happened yesterday at an event in D.C.,
1:05.4	Gary Gansler said he's disappointed with the court's decision in the Ripple case regarding
1:09.2	retail investors. But he's pleased
1:11.6	at the part found that the institutional sale of XRP did violate federal securities laws. And then he
1:17.0	went on to talk about AI, believes AI could destabilize a global economy if big tech monopolizes its
1:22.4	development for financial market applications. But the good thing about AI is, we all know that
1:26.5	Gary Gensler is incapable of doing his job. So people in AI that are working in that industry, they'll have no problem
	...

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