Bitcoin and Beyond

In this episode of Beyond Bitcoin, hosts Deryck Graham and Nitin Gaur discuss the current state of crypto regulation in the US and compare it to other countries around the world. While Switzerland, UK, Singapore, Hong Kong, and Australia are developing progressive crypto-relevant regulations, the SEC in the US appears to be taking a different approach. As the SEC engages or notifies US-based central exchanges, payment tokens, security tokens, and tokens deemed to be securities, many are questioning what the US is afraid of when it comes to cryptocurrency. Could it be the impact that DeFi will have on traditional finance or the potential threat to the US dollar as a reserve currency? Deryck and Nitin delve into these complex issues and the potential implications of the SEC's actions on the future of cryptocurrency in the US. Join them as they explore the different approaches taken by countries around the world and the possible consequences of falling behind.

 

#BeyondBitcoin #CryptoRegulation #SEC #DeFi #CryptoRelevantRegulations #US #Switzerland #UK #Singapore #HongKong #Australia #TraditionalFinance #USD #ReserveCurrency #Chookpoint2.0 #Cryptocurrency #Blockchain #CryptoIndustry #CryptoDisruption #CryptoComparison #NitinGaur #DeryckGraham #PortalAssetManagement

In this episode of Beyond Bitcoin, Deryck Graham and Nitin Guar delve into the ongoing battle between the traditional banking system and the world of digital assets and currencies. They examine how the SEC is suppressing the creativity of cryptocurrency and digital assets with an 89-year-old act, and discuss how embracing the realm of digital assets could empower the next generation of finance in the USA. They also explore the possibility that this battle could be about the US dollar's status as the reserve currency. Join the conversation and learn more about the future of finance in this thought-provoking episode.

 

#BeyondBitcoin #DigitalAssets #Cryptocurrency #Finance #Banking #SEC #Innovation #FinancialFreedom #Disruption #DavidVsGoliath #USdollar #FutureOfFinance #CryptoRevolution #FinancialEmpowerment #Regulation #FinancialSovereignty #BraveNewWorld #FinancialDisruption #TraditionalBanks #Challengers

In this episode of Beyond Bitcoin, Deryck Graham and Nitin Guar delve into the ongoing battle between the traditional banking system and the world of digital assets and currencies. They examine how the SEC is suppressing the creativity of cryptocurrency and digital assets with an 89-year-old act, and discuss how embracing the realm of digital assets could empower the next generation of finance in the USA. They also explore the possibility that this battle could be about the US dollar's status as the reserve currency. Join the conversation and learn more about the future of finance in this thought-provoking episode.

#BeyondBitcoin #DigitalAssets #Cryptocurrency #Finance #Banking #SEC #Innovation #FinancialFreedom #Disruption #DavidVsGoliath #USdollar #FutureOfFinance #CryptoRevolution #FinancialEmpowerment #Regulation #FinancialSovereignty #BraveNewWorld #FinancialDisruption #TraditionalBanks #Challengers

Discover how Bitcoin, born in the 2009 banking crisis, has become a safe harbor for investors during times of uncertainty. Join us for a deep dive into the world of crypto assets and their resilience against a threatened US Government. With decentralization and global migration, is the US losing ground to more crypto-friendly regions? Tune in to find out.

 

#ChokePoint2.0 #BankingCrisis #Bitcoin #CryptoAssets #SafeHaven #USGovernment #Decentralization #Investing #Finance #Technology #Asia #Europe

Discover how Bitcoin, born in the 2009 banking crisis, has become a safe harbor for investors during times of uncertainty. Join us for a deep dive into the world of crypto assets and their resilience against a threatened US Government. With decentralization and global migration, is the US losing ground to more crypto-friendly regions? Tune in to find out.

 

#ChokePoint2.0 #BankingCrisis #Bitcoin #CryptoAssets #SafeHaven #USGovernment #Decentralization #Investing #Finance #Technology #Asia #Europe

In this episode of Beyond Bitcoin, we're joined by Kristen Ragusin, SVP of Wealth Management at Raymond James and author of "The End of Scarcity: The Dawn of the New Abundant World." Kristen discusses the flaws in the current fiat-based financial system, which creates dependence on borrowers and results in asset bubbles and rising debt. She differentiates between wealth and money, noting that money should equal people's productive value.

Kristen highlights the historical evolution of money, with asset-backed and producer-backed systems offering stability but being prone to inflation and control. The debate between Central Bank Digital Currencies and cryptocurrencies leaves the future of money uncertain. The ideal form of money should maintain stable value, represent some value, and be flexible. Blockchain technology may offer solutions for a more balanced monetary system, but the way forward is unclear.

In this episode of Beyond Bitcoin, we're joined by Kristen Ragusin, SVP of Wealth Management at Raymond James and author of "The End of Scarcity: The Dawn of the New Abundant World." Kristen discusses the flaws in the current fiat-based financial system, which creates dependence on borrowers and results in asset bubbles and rising debt. She differentiates between wealth and money, noting that money should equal people's productive value.

Kristen highlights the historical evolution of money, with asset-backed and producer-backed systems offering stability but being prone to inflation and control. The debate between Central Bank Digital Currencies and cryptocurrencies leaves the future of money uncertain. The ideal form of money should maintain stable value, represent some value, and be flexible. Blockchain technology may offer solutions for a more balanced monetary system, but the way forward is unclear.

Seeking regulation direction from the 89-year-old US Security Exchange Act for DEX’s DAO’s DLT’s and highly fungible global digital currencies may leave the US well behind.

 

Since the first SEC action in July 2013, the SEC has brought a total of 127 cryptocurrency-related enforcement actions as of December 31, 2022.  In 2023 the SEC appear to be trying to set legal precedents to enact variations to the law using these outdated regulations.  Where to from here for the USA and what opportunities will arise in other more progressive jurisdictions like Switzerland and Singapore?

Seeking regulation direction from the 89-year-old US Security Exchange Act for DEX’s DAO’s DLT’s and highly fungible global digital currencies may leave the US well behind.

 

Since the first SEC action in July 2013, the SEC has brought a total of 127 cryptocurrency-related enforcement actions as of December 31, 2022.  In 2023 the SEC appear to be trying to set legal precedents to enact variations to the law using these outdated regulations.  Where to from here for the USA and what opportunities will arise in other more progressive jurisdictions like Switzerland and Singapore?

Join us as we learn from Sam Ten Cate, Managing Director at State Street Digital focused on Governance and Controls and learn about the implications of US regulation in the crypto industry. Sam discusses the challenge of dealing with a principle-based regulation in the US, as opposed to a more prescriptive regulation in Europe, the importance of investor and consumer protection and the role of the US in the global financial system. Sam sees the existing regulatory framework as sufficient, but believes there is still a need for more clarity going forward.  Bullish on DLT and a little Bearish on public blockchains this is an opportunity to hear the views of someone engaged in the world of regulation.