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Ad

CoinDesk Podcasts

The Breakdown With NLW Episode

Governments Banning Bitcoin? Not So Fast as Former Regulators Brooks and Giancarlo Join Crypto Companies

Despite the FUD, the prospects for bitcoin and crypto in a broader regulatory context have never looked brighter.

The Breakdown With NLW Episode
Listen on:
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Despite the FUD, the prospects for bitcoin and crypto in a broader regulatory context have never looked brighter.

This episode is sponsored by Nexo.io.

Download this episode

As this cycle heats up, “governments will ban bitcoin” is one of the top areas of fear, uncertainty and doubt.

On this episode, NLW breaks down why that FUD just doesn’t hold much weight right now, looking at:

  • Why the examples of India, Turkey, Nigeria and China are not as bad as what people have posited
  • Why the early indications suggest the Biden administration is more open to crypto than what the Trump administration ended up being
  • Why it matters that two crypto companies today announced major board members and executives from the regulator world

Specifically, NLW looks at Brian Brooks and Chris Giancarlo’s trajectory in both the regulatory sphere and crypto and what their new private sector engagements might mean.

See also: Binance.US Hires Former Bank Regulator Brian Brooks as CEO, Former Head Coley to Depart

Image credit: Jason Alden/Bloomberg/Getty Images