Power Players Bet Big on Bitcoin, Power Outages Cause Crackdowns in Kuwait, and Power Moves Get Going in Ghana

Brandon Lutnick of Cantor Fitzgerald, and son of the U.S. Commerce Secretary, is leading a $3 billion crypto investment push with Tether, SoftBank, and Bitfinex (0:54). Meanwhile, Ripple's JavaScript toolkit gets hijacked (2:23), Kuwait bans crypto mining (3:40), and Ghana unveils sweeping new regulations (5:30).

This is your essential update on the forces shaping what’s next in money.

More on stories and articles mentioned or referenced in this episode:

Cantor strikes $3.6bn crypto venture deal with SoftBank and Tether, Financial Times (paid subscription required).

https://www.ft.com/content/501210ad-d39b-4d7b-b649-bbd08ceffe6f

Brandon Lutnick, Tether, SoftBank Back $3 Billion Bitcoin Venture, by Murtuza J. Merchant, Benzinga.

https://www.benzinga.com/markets/cryptocurrency/25/04/44948500/brandon-lutnick-tether-softbank-back-3-billion-bitcoin-venture

Ripple cryptocurrency software library hit by major security issue, wallets under threat, by Sead Fadilpašić, Tech Radar.

https://www.techradar.com/pro/security/ripple-cryptocurrency-software-library-hit-by-major-security-issue-wallets-under-threat

Kuwait Bans Bitcoin Mining Citing Energy Strain and Legal Violations, by Karthik Subramanian, Finance Feeds.

https://financefeeds.com/kuwait-bans-bitcoin-mining-citing-energy-strain-and-legal-violations/

Bank of Ghana to Implement Cryptocurrency Regulations by September 2025, News Ghana.

https://newsghana.com.gh/bank-of-ghana-to-implement-cryptocurrency-regulations-by-september-2025/

The music in this episode was composed by Liborio Conti, and you can find more of his fantastic work at his YouTube page: https://www.youtube.com/liborioconti