As the 2024 U.S. Election approaches, we explore the implications of cryptocurrency on political campaigns and voter engagement. We also discuss Consensys's decision to cut 20% of its workforce amid regulatory challenges, Bitcoin's recent surge to a five-month high, and a significant ruling against cryptocurrency fraud in Iran. This episode provides insights into how these developments are shaping the future of digital currencies and their intersection with politics and regulation.

Sources:

https://tickernews.co/potential-implications-of-the-u-s-election-for-cryptocurrency/

https://www.thehindu.com/sci-tech/technology/crypto-firm-consensys-to-cut-20-of-workforce-amid-macroeconomic-regulatory-headwinds/article68813668.ece

https://www.forbes.com/sites/dereksaul/2024/10/29/bitcoin-tops-71000-a-5-month-high-as-election-inflation-questions-swirl/

https://ifpnews.com/former-iran-football-federation-chief-15-years-cryptocurrency-fraud/

Outline:

(00:00:00) Introduction

(00:00:42) Potential implications of the U.S. Election for cryptocurrency

(00:05:13) Crypto firm Consensys to cut 20% of workforce amid macroeconomic, regulatory headwinds

(00:08:35) Bitcoin Tops $71,000—A 5-Month High—As Election, Inflation Questions Swirl

(00:11:32) Former Iran Football Federation Chief Sentenced To 15 Years For Cryptocurrency Fraud