The U.S. Senate stalls stablecoin regulation (0:56), Coinbase snaps up Deribit for nearly $3 billion (2:28), Celsius founder Alex Mashinsky is sentenced for fraud (3:59), and Meta cautiously re-enters the crypto space (5:39).
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:
Stablecoin Bill Fails to Clear Key Hurdle in U.S. Senate. Hannah Lang, Reuters.
Coinbase Strikes $2.9 Billion Deal for Major Crypto Options Platform. Lauren Thomas, Wall Street Journal (paid subscription required).
Coinbase to Acquire Deribit: Becoming the Most Comprehensive Global Crypto Derivatives Platform. Greg Tusar, Coinbase.
Founder of Celsius Sentenced to 12 Years for Fraud and Market Manipulation. U.S. Attorney’s Office, Southern District of New York.
Alex Mashinsky of Cryptocurrency Firm Celsius Network Sentenced to 12 Years. The Guardian.
Exclusive: Meta in talks to deploy stablecoins three years after giving up on landmark crypto project. Leo Schwartz, Ben Weiss, Fortune.
https://finance.yahoo.com/news/exclusive-meta-talks-deploy-stablecoins-190632676.html
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
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