The Securities Exchange Commission announced on Friday it will make cryptocurrency and initial coin offerings a top priority. Earlier this week crypto traders got an unexpected bit of hope
when the chairman of the SEC testified in front of the Senate Banking Committee and said cryptocurrency shouldn't be dismissed. Peter J. Ferrara, policy analyst and Senior Fellow for Legal Affairs at The Heartland Institute joins The Crypto Craze to discuss what this means for crypto traders.
Ferrara explains a new version of bitcoin called AML bitcoin, which takes the anonymity out of each transaction. He says this change in the technology may flourish if the SEC takes a stronger hold on the regulation of crypto.
Plus, Ferrara believes this is a turning point crypto because now each "wallet" will be tied to a biometric identity. Up until now it's been a little like the wild, wild west. There weren't any laws or sanctions and that caused problems with money laundering and even using crypto as a payment for terrorism.
Managing Director at Wells Fargo, Adam Davis, joins Cheddar to discuss how both the consumer and retailer are approaching shopping's busiest time of the year.
Johann Kerbrat, VP and General Manager at Robinhood joins Cheddar to discuss Bitcoin's recent rise and how the company got into election betting. Watch!
Guy Diedrich, SVP and Global Innovation Officer at Cisco joined Cheddar to discuss how our digital diets impact our well being & an upcoming study to prove it!
With the election behind us, many are wondering what the next four years look like for the US economy. Drew Pettit, from Citi Group joins Cheddar to discuss.
