Month: July 2021

A new initiative from Jack Dorsey will be a full business unit inside the company.

This episode is sponsored by NYDIG.

Today on the Brief:

• The mixed state of the U.S. government on crypto
• China’s e-CNY will have native smart contracts
• Saquon Barkley to take endorsement money in BTC

Our main discussion:

Square has announced a new initiative, titled “TBD,” that CEO Jack Dorsey describes as “focused on building an open developer platform with the sole goal of making it easy to create non-custodial, permissionless and decentralized financial services.” Dorsey intends the platform to be developed completely transparently: “open road map, open development and open source.”

In this episode, NLW puts the new initiative in the context of Square’s long-term relationship with Bitcoin, explains why it’s different from the company’s Square Crypto efforts and analyzes how different parts of the community are reacting to the news.

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NYDIG, the institutional-grade platform for Bitcoin, is making it possible for thousands of banks who have trusted relationships with hundreds of millions of customers, to offer Bitcoin. Learn more at NYDIG.com/NLW.

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The Breakdown is written, produced by and features NLW, with editing by Rob Mitchell and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “Razor Red” by Sam Barsh. Image credit: Eva Marie Uzcategui/Bloomberg/Getty Images, modified by CoinDesk.

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Some COVID restrictions return as the Delta variant spreads. Flooding death toll rises in Europe. Meet the world's youngest astronaut. CBS News Correspondent Steve Kathan has today's World News Roundup.

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Bank bosses are jubilant: revenues were down but profits way up. We look at the pandemic-driven reasons behind the windfall, and ask how long their influence may last. A thicket of conflicting laws is complicating Jamaica’s plans to enter the wider medical-marijuana market. And our critic reports from a slimmed-down Cannes film festival.

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The news to know for Friday, July 16th, 2021!

We'll tell you about extreme weather around the globe: from wildfires out west to extreme temperatures in the plains to record flooding in Europe.

Also, where masks are about to be mandatory for millions of Americans once again.

Plus, more roadblocks for a controversial new Alzheimer's drug, the dangerous products Amazon is getting sued over, and how a women's basketball player made history on a video game.

Those stories and more in around 10 minutes!

Head to www.theNewsWorthy.com/shownotes for sources and to read more about any of the stories mentioned today.

This episode is brought to you by kiwico.com/newsworthy and Ritual.com/newsworthy 

Become a NewsWorthy INSIDER! Learn more at www.TheNewsWorthy.com/insider

The Free to Learn Coalition is a nonpartisan organization that wants to take politics out of the classroom. Alleigh Marre, the president of the coalition, joins “The Daily Signal Podcast” today to discuss how she hopes to do that.

"We started to hear a lot more about how there's been more of an emphasis on activism, rather than academics," Marre says.

"And that includes, certainly, critical race theory," which she says is "extremely prevalent and something that we're starting to hear more and more about, but it's not just isolated to that."

Marre added: "And the big thing that we are hearing from parents is that, as we start to fall behind in the world, countries like China, Russia, Estonia, Slovenia, Canada, they all outperform us. And that's something that's very concerning to parents. We're all taxpayers, we're all paying into a public education system, and our students just aren't prepared for the future."

We also cover these stories:

• Black Lives Matter is blaming the United States for the turmoil in Cuba. 
• In an interview with CNN on Thursday, Supreme Court Justice Stephen Breyer, 82, announces that he hasn’t decided when he will retire and says he's pleased with his new role as the court’s most senior liberal.
• Seventeen state attorneys general, led by Republicans, support Arkansas' outlawing of "experimental" transgender operations on minors. 

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