The U.S. Finally Has Stablecoin Legislation. Can Crypto Compete With Banks? - Ep. 871
Unchained18 Heinä

The U.S. Finally Has Stablecoin Legislation. Can Crypto Compete With Banks? - Ep. 871

After years of hostility toward crypto, the U.S. passed its first-ever federal law regarding the industry. The GENIUS Act, stablecoin legislation backed by both parties, was signed by President Trump’s desk after a last-minute showdown in Congress. Despite being seen as a sure thing, the bill’s path turned turbulent this week, with objections from Democrats over Trump’s crypto ties, and a sudden revolt from the Freedom Caucus around anti-CBDC language. Now that it’s through, what will this law actually do? And who stands to benefit—or lose? In this episode, Dante Disparte, Circle’s chief strategy officer and one of the key players behind the legislation, joins Unchained to explain: How the bill won bipartisan support despite political tensions Why banks may think twice before issuing stablecoins And why Circle is applying for a national trust bank charter Plus, the battle over interest-bearing stablecoins, how this bill fits into the broader financial regulatory landscape, and whether U.S. consumers and the dollar come out ahead. Visit our website for breaking news, analysis, op-eds, articles to learn about crypto, and much more: unchainedcrypto.com Xapo Bank FalconX Dante Disparte, Chief Strategy Officer and Head of Global Policy and Operations at Circle Unchained: GENIUS Act Passes: Who Are the Winners, Losers, and What Comes Next? ​​House Passes Landmark Crypto Legislation: GENIUS Act and Digital Asset Bills Circle Seeks U.S. Banking License to Directly Custody Billions in USDC Reserves Fortune: JPMorgan Chase’s new fees for data could ‘cripple’ crypto and fintech startups, executives warn Reuters: Some big US banks plan to launch stablecoins, expecting crypto-friendly regulations Timestamps: 🎬0:00 Intro 🇺🇸 2:23 Why Dante says this “crypto week” went better than anyone expected 🤝 3:44 How the GENIUS Act won bipartisan support despite major political friction 📜 6:10 Why Dante believes the bill is bigger than just crypto 🏦 9:02 How Circle plans to compete with the banking giants 🪪 15:22 What Circle hopes to achieve with its national trust bank application 🔐 18:28 Why financial privacy matters so much in the U.S. system 💵 19:34 How deposit tokens differ from stablecoins 📈 22:34 What Circle might do when interest-bearing stablecoins are finally allowed 👛 27:43 How this new law could impact everyday Americans and their money Learn more about your ad choices. Visit megaphone.fm/adchoices

Jaksot(927)

Blockchain 101 With Andreas Antonopoulos: How Bitcoin Makes Each Of Us As Powerful As A Bank

Blockchain 101 With Andreas Antonopoulos: How Bitcoin Makes Each Of Us As Powerful As A Bank

“Shifting from a perspective of 'only humans control money' to 'machines and software control money' is really radical and it changes a lot of things,” says the popular blockchain and Bitcoin author and speaker Andreas Antonopoulos. Antonopoulos discusses why the real magic of blockchain is decentralization, why criticisms that Bitcoin is a waste of energy are wrong, and why he now charges a 20% premium to be paid by wire transfer instead of bitcoin. And if you're amazed by the idea of a self-driving car, wait until you hear his description of how the taxis of the future might operate.   Read the show notes. Learn more about your ad choices. Visit megaphone.fm/adchoices

23 Elo 201653min

How The Blockchain Alliance Helps Law Enforcement With Bitcoin Crime And Developments Like The DAO

How The Blockchain Alliance Helps Law Enforcement With Bitcoin Crime And Developments Like The DAO

Jason Weinstein and Alan Cohn, partner and of counsel, respectively at law firm Steptoe & Johnson, discuss their work with the Blockchain Alliance, a coalition of both blockchain and cryptocurrency companies as well as law enforcement agencies including Interpol, the FBI, the SEC, Europol and others. Find out how crime in Bitcoin is similar to all types of crime, what genuinely new questions are being raised, and how various law enforcement agencies might think about even recent developments like the emergence of the DAO and the subsequent DAO hack. Learn more about your ad choices. Visit megaphone.fm/adchoices

9 Elo 201645min

Chain's Adam Ludwin On Who Is Best Poised To Benefit From Blockchain Technology

Chain's Adam Ludwin On Who Is Best Poised To Benefit From Blockchain Technology

As blockchain technology remakes financial services, some companies will be better positioned than others, says Adam Ludwin, CEO of Chain, which has partnered with incumbents like Visa, Citi and Nasdaq. Ludwin describes which types of firms will emerge winners and the mindset of the executives who really get it. He also explains why he is certain central banks will one day issue digital currency. Learn more about your ad choices. Visit megaphone.fm/adchoices

26 Heinä 201652min

Want to Diversify Your Portfolio? Try Bitcoin, Say ARK's Chris Burniske And Coinbase's Adam White

Want to Diversify Your Portfolio? Try Bitcoin, Say ARK's Chris Burniske And Coinbase's Adam White

Invest in oil and gold? In this episode, the co-authors of a compelling white paper explain the four reasons why they believe you may soon be investing in digital oil and digital gold instead. Find out why their analysis prompted Burniske to say of bitcoin, "That's an investor's dream," why White mentioned the saying, "On the blockchain, no one knows you're a refrigerator," and how well ARK's investment in bitcoin has performed. Learn more about your ad choices. Visit megaphone.fm/adchoices

12 Heinä 201646min

MaiTai Global's Bill Tai On Why Blockchain Is The 6th Wave Of Technology

MaiTai Global's Bill Tai On Why Blockchain Is The 6th Wave Of Technology

Bill Tai, a venture capitalist who got his start as a computer chip designer in the 1980s, places blockchain in the context of the broader technological revolution of the last three decades. He also reveals how Bitfury, a company in which he's an investor and board member, built a more efficient chip though the designers had never been formally trained; what blockchain advocacy group was founded in Sir Richard Branson's hot tub; and how he formed MaiTai Global, a series of kiteboarding-and-tech events in some of the most glamorous destinations around the world. Learn more about your ad choices. Visit megaphone.fm/adchoices

28 Kesä 201649min

Bloq's Matt Roszak on Necker Island: Connecting Multiple Blockchains, China and Tech Cooperatives

Bloq's Matt Roszak on Necker Island: Connecting Multiple Blockchains, China and Tech Cooperatives

Matt Roszak, a venture capitalist for 20 years, discusses how his new company Bloq, cofounded with former Bitcoin core developer Jeff Garzik (from talks they began on Necker Island last year), serves enterprise clients and envisions a multi-chain future in which different blockchains can connect with each other. He also gives his thoughts on business models in a decentralized future and the influence China will play on the development of Bitcoin and blockchain technology. Plus, we find out what happened in his tennis game against Sir Richard Branson. Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Kesä 201652min

BitPesa's Elizabeth Rossiello on Necker Island

BitPesa's Elizabeth Rossiello on Necker Island

Elizabeth Rossiello talks about how she went from being a credit ratings analyst for microfinance investors to heading up an "international mobile money" company for sub-Saharan Africa that uses Bitcoin's rails. Along the way she reveals how convoluted, expensive and unreliable the movement of money into and out of Africa can be -- many people sending money in envelopes via regional buses and even traditional banks having to send money from Africa to Asia via North America. With BitPesa's fast and inexpensive international solution, companies are opening up new markets and people sending remittances no longer have to pay exorbitant charges. Learn more about your ad choices. Visit megaphone.fm/adchoices

14 Kesä 201648min

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