Nearly everyone agrees the cryptocurrency industry needs regulation, but there are huge disagreements about what that should look like.
A Senate bill proposes a new regulatory framework for the industry. Cosponsors Cynthia Lummis (R-Wyoming) and Kirsten Gillibrand (D-N.Y.) argue that their bill hits the "sweet spot" between allowing innovation and protecting consumers.
Software engineer Molly White, who runs the blog Web3 is going just great, says that the bill is too industry-friendly, and puts into legislation the "foggy regulatory space" that crypto companies have taken advantage of.
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On this episode of The Federalist Radio Hour, Federalist Managing Editor Madeline Osburn joins Culture Editor Emily Jashinsky to discuss what Sheryl Sandberg's departure from Facebook’s parent company Meta says about feminism and the end of the "girlboss" era.
The most valuable crypto stories for Wednesday, June 8, 2022.
"The Hash" team discusses today's top stories, including Ethereum's Ropsten testnet moving to proof-of-stake, Solana's $100 million fund for South Korean crypto projects and Citibank's report on crypto user adoption.
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This episode has been edited by Michele Musso. Our Executive Producer is Jared Schwartz. Our theme song is “Neon Beach.”
Illinois has struggled with its cannabis legalization, and it's not hard to see why. Adam Schuster of the Illinois Policy Institute details the several problems with the state's legalization so far.
Is Roku really preparing for a takeover bid from Netflix? (0:25) Asit Sharma discusses: - Whether acquiring Roku solves Netflix impending ad challenges - Why Roku's stock is still pricy after its recent fall - DocuSign's expanded partnership with Microsoft - If this paves the way for an eventual acquisition (13:21) Deidre Woollard talks with Jason Hall about why he's so bullish about homebuilders and the tailwinds driving his thesis. Stocks discussed: ROKU, NFLX, DOCU, MSFT, ADBE, CRM Host: Chris Hill Guests: Asit Sharma, Deidre Woollard, Jason Hall Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl
On March 30th, the Court heard oral argument in Viking River Cruises, Inc. vs. Moriana, a case which concerned whether the Federal Arbitration Act requires enforcement of a bilateral arbitration agreement providing that an employee cannot raise representative claims, including under the California Private Attorneys General Act. With a decision likely to be rendered in the coming weeks and months, Theane Evangelis, partner in the Los Angeles office of Gibson, Dunn and Co-Chair of the firm’s global Litigation Practice Group, joins the program to give analysis.
In April, 2022, the Court heard arguments in Siegel v. Fitzgerald, a bankruptcy case concerning fee increase exemptions in two states. Joining today to discuss the argument is Allyson Ho, partner in the Dallas Office of Gibson, Dunn, & Crutcher and co-chair of the Firm’s nationwide Appellate and Constitutional Law practice group.
Stay tuned for the post-decision episode of this case!
In 2006, Oprah Winfrey profiled three families, their spending habits, and their out of control debt. The episode caused a huge stir, with audience members, the public, and Oprah herself adding a level of shame and disbelief at how the families spent their money. It also launched the eight-step “debt diet” program. But the episodes didn’t get at the larger structural questions of why families end up in debt, and why it’s so hard to break free.
Special Guest: Mehrsa Baradaran, professor at UC-Irvine and author of How the Other Half Banks and The Color of Money: Black Banks and the Racial Wealth Gap.
Find lots more and subscribe to our newsletter on our website — Oprahdemics.com
Producer Nina Earnest, Executive Producer Jody Avirgan. Artwork by Jonathan Conda.
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On today’s episode, NLW covers a set of recent news in the crypto industry, including:
Reactions to the Responsible Financial Innovation Act
SEC investigating Binance over BNB
Reuters report on Binance and money laundering
BlockFi raising money on a down round
Coinbase’s rescinded job offers
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Nexo is an all-in-one platform where you can buy crypto with a bank card and earn up to 16% interest on your assets. On the platform you can also swap 300+ market pairs and borrow against your crypto from 0% APR. Sign up at nexo.io by June 30 and receive up to $150 in BTC.
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NEAR is a blockchain for a world reimagined. Through simple, secure, and scalable technology, NEAR empowers millions to invent and explore new experiences. Business, creativity, and community are being reimagined for a more sustainable and inclusive future. Find out more at NEAR.org.
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FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.
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Consensus 2022, the industry’s most influential event, is happening June 9–12 in Austin, Texas. If you’re looking to immerse yourself in the fast-moving world of crypto, Web 3 and NFTs, this is the festival experience for you. Use code BREAKDOWN to get 15% off your pass at www.coindesk.com/consensus2022.
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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell, research by Scott Hill and additional production support by Eleanor Pahl. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “Catnip” by Famous Cats and “I Don't Know How To Explain It” by Aaron Sprinkle. Image credit: Andriy Onufriyenko/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.