664: FTX’s Guilty Execs & Ripple’s Strategic Acquisitions

Episode 664:
FTX's Guilty Execs - Former FTX executive Ryan Salame pleads guilty to defrauding the Federal Elections Committee. He's the fourth FTX executive to do so. CEO Bankman-Fried is in jail, facing witness tampering charges. The segment explores the legal woes plaguing FTX and what they mean for its future.

Ripple's License Boost - Ripple strategically acquires Fortress Trust amid its legal battle with the SEC. This move adds a Nevada Trust license to Ripple's credentials, fortifying its legal stance. The segment analyzes how this acquisition could influence Ripple's legal fight with the SEC.

Tangem Visa Deal - Tangem secures a groundbreaking Visa certification, enabling crypto transactions at 95 million terminals worldwide. With a 738% user growth, Tangem aims to disrupt the hardware wallet market. The segment discusses the potential for mass crypto adoption.

Fed's Stablecoin Dilemma - Federal Reserve Vice Chairman Michael Barr reveals the U.S. is far from launching a CBDC and is concerned about unregulated stablecoins. The segment examines the implications of the Fed's cautious stance on the U.S. financial system and crypto landscape.

France's Crypto Ad Test - France rolls out a certification program for crypto influencers to regulate advertising. The segment discusses the potential centralizing effects of this initiative and its implications for free speech within the crypto community.

Taiwan's Crypto Blueprint - Taiwan plans to issue guiding principles for virtual asset providers, focusing on compliance and anti-money laundering. The segment explores how Taiwan's measured approach could serve as a model for other countries' crypto regulations.

Crypto Overnighter Podcast (9/9/2023): Welcome back to the Crypto Overnighter with your host, Nikodemus. We provide nightly updates on cryptocurrency, NFTs, the metaverse, and the surrounding industry. Remember, this show does not offer financial advice.

Email: nick@cryptoovernighter.com
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