"The Hash" squad discusses today's top stories, including bitcoin exchange LocalBitcoins gearing up to close this month. This comes as Coinbase CEO Brian Armstrong says he's heard rumors the U.S. Securities and Exchange Commission (SEC) would like to ban retail investors from engaging in cryptocurrency staking, the income-generating technique at the core of running proof of stake blockchains including Ethereum. Plus, Tether, the issuer of the world's largest stablecoin, reported a $700 million fourth-quarter profit.
See also:
Bitcoin Exchange LocalBitcoins to Close, Citing Market Conditions
Coinbase's CEO Cites 'Rumors' the SEC May Ban Crypto Staking for Retail Customers
Stablecoin Issuer Tether Reports $700M Profit, Complete Exit From Commercial Paper
This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”
