Author: CoinDesk

The most recent insights into the future of Global Finance, BRICS, and Bitcoin. 

In today's episode of "Money Reimagined," while Michael Casey is moderating a conference on crypto,  Sheila Warren is joined by CoinDesk collaborator and author of the Crypto is Macro Now newsletter on Substack, and the new host of CoinDesks’ Markets Daily is Noelle Acheson. 

In this thought-provoking podcast episode, Noel Acheson challenges the prevailing notion of Bitcoin being in a bear market, presenting compelling evidence of its robust performance throughout the year and its impressive outperformance compared to traditional stocks. With diverse perspectives, Warren and Acheson, delve into the significance of Bitcoin ETFs for institutional investors, addressing concerns over market volatility and liquidity. The podcast further explores the critical role of liquidity in the digital asset realm and the potential consequences of exchange failures. Sheila shares insights into India's evolving stance on cryptocurrency and its role in global crypto guidelines providing an in-depth analysis of the country's shifting landscape. This episode also examines BRICS and its expanding influence, particularly in the context of reducing dependence on the US dollar. Geopolitical implications, energy considerations, and the frictionless movement of money across borders are central themes, offering a comprehensive exploration of the evolving world of cryptocurrencies, geopolitics, and global finance.

Links mentioned in the show : 

Franklin Templeton Joins Spot Bitcoin ETF Race

Money Reimagined has been produced and edited by senior producer Michele Musso and our executive producer is Jared Schwartz. Our theme song is “The News Tonight ” by Shimmer.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Noelle Acheson, author of the Crypto is Macro Now newsletter, discusses Franklin Templeton’s bitcoin spot ETF filing, prediction markets and jobs.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

Franklin Templeton Joins Spot Bitcoin ETF Race

Gensler Hearing Shows Key Senate Democrat Digging in Heels on Crypto

Top 100 Asset Manager Managers by Managed AUM - SWFI

How Much? How Long? Where’s it Going? Prediction Markets is Now Live at BitMEX

BitMEX's Prediction Market Is Now Live

48.00 (P_XBTETFV23) Trade - BitMEX

Ripple Will Do 80% of Its Hiring This Year Outside the U.S: Bloomberg

Coinbase Targets Regulatory Clarity in International Expansion Plan

OPEC+ cuts, firm demand in Asia to lift Brent above $100/bbl by year-end -BofA | Reuters 

-

From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It’s been a busy year for USDC issuer Circle, with several new product launches and partnerships, a crypto banking crisis to contend with, the entry of PayPal into the stablecoin business, and plenty of new global regulatory developments, including a bill in the U.S. now making its way through Congress. Circle co-founder and CEO Jeremy Allaire joins Unchained for an in-depth discussion on the reasons behind Coinbase’s investment in Circle, how Circle has emerged stronger from the banking crisis, what he thinks of PYUSD, what he likes and doesn’t like about the current U.S. stablecoin bill, and his thoughts on what the final bill will look like. 

Show highlights:

• Why Circle and Coinbase created the Center Consortium and why Coinbase acquired a stake in Circle?
• Whether Circle is aiming to be acquired or become a public company, and why Jeremy is pursuing a "multi-decade" strategy.
• Why Circle partnered with MercadoLibre and the stablecoin usage in Latin America?
• How the company has been supporting developers to build applications.
• Why Circle is launching native USDC on so many new blockchains?
• What the purpose of cross-chain transfer protocol (CCTP) is and what the big problems with bridges are.
• How Circle responded to Silicon Valley Bank’s collapse and why the world began to feel that "it's not safe to be exposed to the US."
• Jeremy's thoughts on the launch of PayPal's stablecoin, PYUSD.
• Why is having stablecoin legislation a "national priority," according to Jeremy?
• Why Jeremy is a proponent of a fully reserved banking system?
• Why did he think the US needs to "aggressively" take action to preserve the global reserve currency status of the US dollar?
• How China’s national digital currency is likely to develop.
• How crypto can provide a better way of support identity without giving up privacy?
• Why blockchain technology is much more than just a financial regulatory matter?

Links | 

Unchained: 

Coinbase Acquires Equity Stake in Circle Amid USDC Updates and Market Challenges

Will PayPal’s PYUSD Steal Market Share From Tether and Circle?

The Fall of SVB: What Happened and How It Affects Crypto

CoinDesk | 

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

Circle Seeks to Make Crypto Payments Easier With New 'Programmable Wallets'

Written Statement of Jeremy Allaire Before the United States House Committee on Financial Services, “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem”

South China Morning Post:

Head of crypto firm Circle accepts ban in mainland China, but sees role for yuan-backed stablecoins 

TechCrunch: Solana Pay integrates plug-in with Shopify for USDC payments 

Decrypt: Circle Partners With Mercado Libre to Bring USDC to Chile 

Jeremy’s comments on the launch of PYUSD

Unchained Podcast is Produced by Laura Shin Media, LLC. Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Noelle Acheson, author of the Crypto is Macro Now newsletter and former head of research at CoinDesk, discusses potential market selling pressure, crypto fund outflows and today’s testimony by SEC chair Gary Gensler.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

OPEC Oil Data Show 3 Million-Barrel Supply Shortfall as Saudi Arabia Extends Cut - Bloomberg

ECB Interest Rate Decision Suspense Intensifies With Officials Split - Bloomberg

Cryptocurrency Altcoin Crash Is Coming: Matrixport

FTX Taps Galaxy to Sell, Stake and Hedge Its Crypto Billions

Volume 148: Digital Asset Fund Flows Weekly Report | by James Butterfill | Sep, 2023 | CoinShares Blog

Defiant Gensler Returns to Crypto Grievances Ahead of Senate Testimony

-

From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Noelle Acheson, author of the Crypto is Macro Now newsletter and former head of research at CoinDesk, provides market insights and updates about the G20 summit.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

Coinbase CEO on company's next steps, why crypto will be a 'hot topic' in 2024 WH race

https://twitter.com/GitaGopinath/status/1700728105290321941?s=20

IMF-FSB Synthesis Paper: Policies for Crypto-Assets - Financial Stability Board

India Will Decide on Its Crypto Stance in Coming Months

-

From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

This episode was hosted by Noelle Acheson. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

This week, we celebrate the beginning of Fashion Month taking place in New York before moving on to London, Milan and Paris. This conversation was previously recorded at Consensus this past year in Austin, TX.

Derek Edwards of Collab+Currency, Nick Gonzalez of UNXD and Megan Kaspar of Red DAO join Toby Bochan on the Consensus stage to discuss the rise of digital fashion, luxury brands entering Web3, the importance of provenance and community building and predictions for the evolution of digital fashion.

Links mentioned from the podcast: 

• Toby’s Twitter
• Derek’s Twitter
• Nick’s Twitter
• Megan’s Twitter
• Full Consensus recording

Follow us on Twitter: 

• Sam Ewen, Avery Akkineni, CoinDesk, Vayner3

"Gen C" features hosts Sam Ewen and Avery Akkineni, with editing by Jonas Huck. Executive produced by Jared Schwartz and produced by Uyen Truong. Our theme music is "1882” by omgkirby x Channel Tres with editing by Doc Blust. Artwork by Nicole Marie Rincon.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The "Wild West" era of crypto lending ended in a series of bankruptcies. Now the industry is attempting to rebuild in a sustainable and accountable manner.

Today's episode is sponsored by Kraken Pro.

Today’s featured story is an opinion piece from Mauricio Di Bartolomeo, titled: “Crypto Lenders Caused Crypto Contagion Last Year. How Is the Industry Rebuilding?”

-

From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

CoinDesk Indices presents six notable market movement highlights from last week.

Today's episode is sponsored by Kraken Pro.

The CoinDesk Market Index (CMI) functions as a benchmark for the performance of the digital asset market, delivering institutional quality information to digital asset investors. For more on the CMI you can visit: http://coindeskmarkets.com/

-

From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Earlier this week, Ethereum co-founder Vitalik Buterin and four co-authors published a paper describing a smart contract protocol called privacy pools that would enable crypto users to associate their funds with those being used for legitimate purposes versus those being used in criminal activity such as hacks or money laundering. The protocol addresses one of the main shortcomings of coin mixer Tornado Cash, which has been sanctioned by the U.S. government. 

Chainalysis chief scientist Jacob Illum, one of those co-authors, discusses the impetus for the paper, the technology behind privacy pools and how they would work in practice, who would provide some of the necessary organization to operate the pools, and some of the early criticisms of the paper.

Show highlights |

• What the current state of crypto privacy is and what the motivation was to write this paper?
• What privacy pools are and how they work.
• How zero-knowledge proofs are the key technology behind privacy pools. 
• What the role of association set providers is in making this new technology work?
• What would happen in different potential scenarios, such as a "bad address" being discovered after a transaction has been made?
• How the protocol would protect the privacy and identity of the users.
• How law enforcement, credit score agencies, and other organizations could have "special viewing privileges" of transactions, according to Jacob.
• How the community has been reacting to the recently published paper.
• Jacob’s response to criticisms the paper has received from industry players.
• Why Chainalysis participated in the paper given that many people see them as 'anti-privacy'.

Thank you to our sponsors!

Crypto.com  |   Arbitrum Foundation |   Thales DAO  |  Toku

Guest | 

Jacob Illum, chief scientist at Chainalysis

Links |  

Unchained: Tornado Cash Cofounder Arrested, Another Sanctioned by U.S. Government

CoinDesk: Crypto-Mixing Service Tornado Cash Blacklisted by US Treasury

      Blockchain Privacy and Regulatory Compliance: Towards a Practical Equilibrium

Matt Corallo’s tweet

Crypto lawyer Preston Byrne’s tweet

Previous coverage of Unchained on Tornado Cash:

The Chopping Block: 'Code Is Law' Is 'Obviously Not How Anything Works Ever'

The Chopping Block: Why DeFi May Be Over-Complying With Tornado Cash Sanctions

Preston Van Loon on Ethereum’s Merge and His Lawsuit Against TreasuryGiven the Sanctions on Tornado Cash, Is Ethereum Censorship Resistant?

The Chopping Block: Did OFAC Overstep by Sanctioning Tornado Cash?

Tornado Cash Sanctioned. Did the Government Overstep Its Bounds?

-

Unchained Podcast is Produced by Laura Shin Media, LLC.  Distributed by CoinDesk. Senior Producer is Michele Musso and Executive Producer is Jared Schwartz. 

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Plus: Ryan Salame, a top FTX executive who played a key role in the exchange’s political fundraising operations, pleaded guilty on Thursday to federal criminal charges.

Today's episode is sponsored by Kraken Pro.

Today’s Stories:

First Mover Americas: Bitcoin Shows Signs of Life

Bitcoin Halving is Nice, but Kickstarting Bull Run Requires Fiat Money Supply Growth

U.S. Interest Rates High Enough to Tame Inflation, Avoid Recession: Chicago Fed

Ex-FTX Executive Ryan Salame Could Forfeit $1.5B as Part of Guilty Plea

11,196 Years Jail Sentence for Faruk Özer, CEO of Collapsed Turkish Crypto Exchange Thodex

CFTC Commissioner Pitches Pilot Program for U.S. Crypto Regulation

-

From our sponsors:

Meet the all-new Kraken Pro. The powerful, customizable, beautiful way to trade crypto.

It’s Kraken's most powerful trading platform ever - packed with trading features like advanced order management and analytics tools — all in a redesigned, modular trading interface.

Head to pro.kraken.com and trade like a pro.

Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

-

This episode was hosted by Michele Musso. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.

See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.