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Chengpeng Zhao pardoned! Update on crypto regulation and activities (Crypto Series Part XXX)
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This is part 30 of the crypto series. Lots of activity in the crypto world! Founder of Binance, Changpeng Zhao, was pardoned by President Trump. US banks are starting to warm up to stablecoins. Zelle is getting into the international crypto competition. Banking panel says stablecoins must be simple. Fed Governor Michael Barr warns about stablecoin risks. Citi CEO says clients want tokenized deposits, not stablecoins. Binance acquires stake in South Korean crypto exchange. Ripple makes another big acquisition. Coinbase buys angel investment platform Echo. This episode examines a series of articles from Fox Business, Investopedia, Banking Dive, S&P Global Market Intelligence, and The Wall Street Journal.
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