The Breakdown cover image

Python Politics Part 2: Operation Choke Point 2.0 Begins

The Breakdown

00:00

Crypto Cocking Point 2.0

The FTX collapse and its ensuing effects, particularly on Silvergate, provides much of the answer. Financial regulators weren't interested in FTX while the fraud was underway but are now contemplating ways to avoid the next such collapse. The current crypto crackdown is being sold as a safety and soundness issue for banks and not merely a reputational risk issue.

Play episode from 17:05
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app