BREAKDOWN: Why the DOJ, IRS Investigation Into Binance Could Be Good for Bitcoin


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In almost any scenario, the industry faces one less category of FUD on the other side of the investigations.

This episode is sponsored by and Bitstamp.

Today on the Brief:

  • More chaos from Elon Musk
  • Hedge funds moving into DeFi?
  • Tether reserve attestations

Our main discussion looks at recent revelations of investigations by the Department of Justice and the Internal Revenue Service around Binance. NLW breaks down:

  • What we know about who is involved
  • Why the sound bite seems worse than the real story
  • Why each possible outcome leads the Bitcoin industry to a better place

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Join thousands of newsmakers and influencers talking the future of money at Consensus 2021, a live virtual experience from CoinDesk. (Use discount code "BREAKDOWN" to save $25!)


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