Matt and Nic cover the top stories of the week. In this episode: 

• More Proof of Reserve chatter
• OmiseGo's parent company raises $80m
• Bitmex backs a new options exchange
• Paypal plans to roll out crypto products
• KPMG announces Chain Fusion
• USDC goes multi-chain
• We explain the COMP situation
• Telegram finally settles with the SEC
• Jay Clayton eyes the SNDY job
• An explanation of Bitcoin as a synthetic commodity money
• Our favorite and least favorite regional Fed branches
• Why a US CBDC has troubling privacy implications
• Our breakdown of the Compound situation