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CoinDesk Podcast Network - BREAKDOWN: What’s Really Behind SEC Chairman Gary Gensler’s Crypto Speech
Crypto Twitter cannot decide the impact of Gensler’s comments, while others still push to focus on the infrastructure bill.
This episode is sponsored by NYDIG.
SEC Chairman Gary Gensler’s speech at the Aspen Security Conference has Crypto Twitter in a frenzy. On this episode, NLW covers the latest in regulatory action, including:
- Infrastructure bill update
- Overall take of Gensler’s speech: hostile or bullish?
- More concerning crypto opposition
Gary Gensler’s “Remarks Before the Aspen Security Forum”
Crypto Twitter has not reached an agreement on the tone of Gensler’s comments. While some claim this is as a catalyst for incoming regulation and the most aggressive stance to date, others saw it as a run-of-the-mill conservative, consumer protection-focused take.
Aside from securities definitions discussion, Gensler’s comments did point to a Bitcoin bias and an admiration for some of the ideals behind crypto. This outlook contrasts with the negative perception of crypto from Senator Elizabeth Warren, who is attempting to shift to a more negative narrative and from Congressman Don Beyer, who recently dropped a surprise comprehensive crypto bill.
Who will be the biggest adversary to crypto with securities, stablecoins and ‘systemic risk’ on the minds of so many regulators?
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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: Melissa Lyttle/Bloomberg/Getty Images, modified by CoinDesk.
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Audio Poem of the Day - Strange Little Prophets
By Barbara Perez
Stuff They Don't Want You To Know - The Legend of Duendes: A Latin American Cryptid
In the folklore of Spain, Latin America, the Philippines and more, a duende is a supernatural creature known for its mischievous (and at times sinister) behavior. For outsiders this may seem to be little more than a regional variation on other legends of things like gnomes, sprites and so on -- but there's one big difference: in multiple parts of Latin America, people are convinced they've encountered an actual duende in the flesh.
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array(3) { [0]=> string(150) "https://www.omnycontent.com/d/programs/e73c998e-6e60-432f-8610-ae210140c5b1/2e824128-fbd5-4c9e-9a57-ae2f0056b0c4/image.jpg?t=1749831085&size=Large" [1]=> string(10) "image/jpeg" [2]=> int(0) }The Commentary Magazine Podcast - The Psychopathy of Andrew Cuomo
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Big Technology Podcast - The Risks of TikTok’s Rise — With Bloomberg’s Shelly Banjo
Shelly Banjo is Bloomberg's New York Bureau Chief. She's also the host of Foundering, a podcast mini-series that documents TikTok's rise. Banjo joins Big Technology Podcast for a conversation about how TikTok's massive global reach creates serious data security risks and also opens up rival countries to influence operations from the Chinese government.
Headlines From The Times - The lawyer, the Housewife and the missing millions
He was a legendary lawyer. She’s a Real Housewife. Together, Tom and Erika Girardi made a striking couple. He funded their lavish lifestyle with multimillion-dollar settlements. She used that money to create a career as a pop singer named Erika Jayne. But did they break the law to build their dream life?
In this crossover episode with our sister podcast “The Envelope,” we get into a story straight out of a reality TV plotline. (The couple’s unraveling and legal travails are, in fact, included in this season of Bravo TV’s “The Real Housewives of Beverly Hills.”)
It’s way more than fluff: Tom Girardi was a big-deal attorney — one of his cases served as the basis for the Julia Roberts film “Erin Brockovich” — and he wielded substantial political clout. But a troubling side recently emerged: Clients, including widows and orphans, say they never received tens of millions of dollars his firm was supposed to pass along to them.
We speak to the Los Angeles Times investigative reporters who are covering the Girardis’ downfall. And we talk to the Los Angeles Times television reporter about why the public just can’t turn away from this story.
More reading:
Vegas parties, celebrities and boozy lunches: How legal titan Tom Girardi seduced the State Bar
The legal titan and the ‘Real Housewife’: The rise and fall of Tom Girardi and Erika Jayne
‘Real Housewives’ attorney Tom Girardi used cash and clout to forge powerful political connections
CBS News Roundup - World News Roundup: 08/04
Pressure mounts on New York's Governor to resign. New eviction moratorium. Obama birthday bash cancelled. CBS News Correspondent Steve Kathan has today's World News Roundup.
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The Intelligence from The Economist - No port, still a storm: Lebanon a year after the blast
The explosion at Beirut’s port was a symptom, not a cause, of the country’s malaise. We find more questions than answers about the blast and a political class unshaken by it. For half a century, one Beirut resident has, from the same apartment, witnessed a history pockmarked by unexpected disaster. And our Big Mac index reveals the depth of Lebanon’s economic crisis.
For full access to print, digital and audio editions of The Economist, subscribe here www.economist.com/intelligenceoffer