Coinbase is making headlines again. If you want to get the inside scoop on the company's culture, the hard cover of Kings of Crypto drops in December! You can order now:
amazon.com/Kings-Crypto-S…
I connected some dots between SBF, Gensler and the Democrats.
Hard to believe GG blew it again—and now wants more $$$ and power!
fortune.com/crypto/2022/11…
Coinbase's decentralized wallet now lets you send USDC for free using iMessage, WhatsApp, etc
This is a potentially big development as it removes complexity for cross-border payments
🚨 We've uncovered the US government's strategy to tame crypto.
The banking agencies—OCC, FDIC and the Fed—are colluding to give the stablecoin industry to the banks
Full exposé here:
decrypt.co/91301/federal-…
SEC is having trouble hiring crypto experts — because of a rule they must sell all their crypto
Would make more sense to allow staff to hold a modest amount. This would also make them better at their job
sec.gov/files/inspecto…
Crypto breakthrough: Whole Foods, Starbucks et al now take Bitcoin via in-store scanners with @Gemini doing the back-end.
The retailers are being low key but I tried it out this weekend, and it works. Details + context from @tylerwinklevoss here:
fortune.com/2019/05/13/bit…
Agency turnover is normal but not to this degree.
Ex-staffers have told me Gensler (Hillary Clinton's former bagman) treats the SEC entirely as a vehicle for his personal ambitions and drives out anyone who disagrees
It felt odd to write about SBF going to prison only months after I wrote a Fortune cover story on him.
But here we are. tl;dr: he looks in serious jeopardy of violating Section 1343 (Wire Fraud), which can come w/a 20 year term
fortune.com/crypto/2022/11…