Gary Gensler Gets Grilled

from Collective Shift · host Collective Shift

The team at Collective Shift highlight the recent news in crypto for the week. Market updates, SEC going after Bittrexx and naming multiple tokens as securities and of course crypto companies migrating from the US to the international stageKey Takeaways Infation in the UK hits hard at 10%. A worrying sign of the futureBTC and ETH down 10%, but zoom out, we're up 90% this yearSEC news: Enforcement action agasint Bittrexx and 6 altcoins, including DASH and OMGGary Gensler faces the heat in congress, could not give an asnwer on if ETH is a securityGary may face his own job loss as new legislation comes in to fire him for overeaching. Positive news: Euro pegged stableocoin on Ethereum, Helium and Render's successful migration to Solana and Russia to use Crypto for international settlementsThe team give one underappreciated news item this week: Pokemon Cards and y00tsTimestamps:00:00 Introduction00:22 Markets 01:16 BTC03:00 SEC09:00 Gary Gensler12:25 DEFI14:50 Positive News18:05 MSTR22:00 SUI24:22 MICA27:29 Underrated

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This episode was published on April 28, 2023.

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