THE HASH: U.S. Treasury Says DeFi Threatens National Security; MacOS Mystery Over Hidden Bitcoin White Paper

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CoinDesk

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4.7 • 698 Ratings

🗓️ 6 April 2023

⏱️ 25 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Thursday, April 6, 2023. "The Hash" tackles today's hot topics: The U.S. Treasury Department dropped its first report assessing the risks of decentralized finance (DeFi). Some crypto traders are warning about the market outlook for Shiba Inu dog-themed meme coins. India is planning to rapidly scale its central bank digital currency testing of the digital rupee. Plus, is there a secret Bitcoin maxi working at Apple? See also: U.S. Treasury Warns DeFi Is Used by North Korea, Scammers to Launder Dirty Money DeFi Hub Nibiru Chain Valued at $100M After $8.5M Seed Funding Round Hidden Inside MacOS, the Bitcoin White Paper India Targeting One Million CBDC Users in Three Months, Prioritizing Offline Transfers: Sources - This episode has been edited by Ryan Huntington. The senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” - Join the most important conversation in crypto and Web3 at Consensus 2023, happening April 26-28 in Austin, Texas. Come and immerse yourself in all that Web3, crypto, blockchain and the metaverse have to offer. Use code THEHASH to get 15% off your pass. Visit coindesk.com/consensus. 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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0:43.9	Wondery UK. That's audible.com slash Wondery UK. This is the hash podcast.
0:59.6	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
1:05.0	All on the hash for your ears.
1:08.6	You're listening to the Coin Desk Podcast Network.
1:12.7	Hello, good morning or good afternoon, wherever you are. You're watching The Hash on Coin Desk
1:17.2	TV. I'm Will Foxx joined today by Jensenassie and Adam B. Levine, the host of the Daily
1:21.8	Market Show, also on Coin Desk. Check that out after you watch us this morning. We've got four
1:26.0	stories for you today. Jen, you are kicking us off with the first one.
1:29.2	We'll talk about Defi and some new regulations on the forefront.
1:32.9	Yeah, well, the U.S. Treasury is saying that Defi services are not compliant with AML and anti-terrorist financing rules.
1:40.2	They said that this most significant current illicit finance risk in this corner of the crypto sector is defy's compliance.
1:48.0	The Treasury said that thieves, scammers, ransomware, cyber criminals and actors for the Democratic People's Republic of Korea are using defy to launder proceeds from crime.
1:59.0	Now this came out in a recent report that I believe was published this morning.
	...

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