the crypto rush _ busy? yeah. is that work? the crypto rush means _ busy? yeah. is that work? the crypto rush means moldir- busy? yeah. is that work? the | crypto rush means moldir barely has time for her family or her hobby, horse riding. today she is taking a break. it is easier running a crypto mine then riding this horse, isn't it? 0h, oh, wow! is it nice one? really aood. in oh, wow! is it nice one? really good- injust— oh, wow! is it nice one? really good. in just two _ oh, wow! is it nice one? really good. in just two years, - good. in just two years, kazakhstan has risen to become the second most important country for bitcoin mining. so how has the boom happened? well, firstly, it has some of the cheapest electricity in the world. but it was actually events over the border in china that really boosted the industry here.- that really boosted the industry here.— that really boosted the indust here. , , ., , industry here. the big story cominu industry here. the big story coming out _ industry here. the big story coming out of _ industry here. the big story coming out

the big story coming out of china's central bank's crackdown on cryptos, calling all crypto—related activities illegal. well, it looks like - they've gone absolute. injuly 2021, china, the former epicentre of crypto—mining, introduced a strict ban. child: bye! bye. all: goodbye! see you. miners flooded out of the country to relocate their businesses in kazakhstan. one chinese miner we spoke to has been working in the industry for over a decade. he asked us to protect his identity. have you seen many chinese mining companies try to move to kazakhstan? this box came from china. it's our chinese client. and it's already running. how many mining rigs came from china in this stack? more than a thousand. but the exponential growth has put pressure on energy supplies in the country. the government says it's now using 7% more electricity than it did last year. and industry insiders say that crypto—mining activity alone uses a thousand megawatts per hour. that's more than half of what it takes to power almaty, kazakhstan�*s largest city. kazakhstan is now trying to manage the impact of its burgeo

newsreader: the big story] coming out of china's central bank's crackdown on cryptos, calling all crypto—related activities illegal. reporter: it looks like | they have gone absolute. injuly 2021, china, the former epicentre of crypto mining, introduced a strict ban. bye! goodbye! see you. miners flooded out of the country to relocate their businesses in kazakhstan. 0ne chinese miner we spoke to has been working in the industry for over a decade. he asked us to protect his identity. have you seen many chinese mining companies try to move to kazakhstan? this box came from china. it's our chinese client, and it's already running. how many mining rigs came from china and this stack? more than thousand, more than thousand. but the exponential growth has put pressure on energy supplies in the country. the government says it's now using 7% more electricity than it did last year, and industry insiders say that crypto—mining activity alone uses 1000 megawatts per hour — that's more than half it takes to power almaty, kazakhstan�*s largest city. kazakhstan is now trying to manage the impact of its

coming up, the crypto bowl. kraken was one of the few crypto exchanges that didn't pay $7 million for a 30-second super bowl spot. why not? kraken ceo jesse powell is with us next. this is bloomberg. ♪ emily: as we saw, cryptocurrency firms went big on one of the most watched media events of the year, booking coveted commercial time for a captive audience and what many -- in what many have dubbed the "crypto bowl." coinbase spent millions on an ad with just a single qr code. later, their website crashed. bloomberg's sonali basak joins us now. i got to say, i was one of the people who clicked on the qr code and went to the coinbase website. and here we are talking about it. is that success or not? sonali: it is interesting when you think about what happened there. you have the chief product officer a coinbase, saying they had the most traffic ever had, and you are seeing it in the numbers when it comes to coinbase. they are rising. they have risen very far up in the app store for apple, up to number two. cannot

crypto czar to pursue crime in the industry. got a pack show today, was that right in that we lead the program with a good week for gold as prizes hit $1900.00 for the and out for the 1st time since june on thursday. while us stocks took a hit and the dollar remained flat, gold continued to enjoy it's safe haven status. this comes as the pressure continues to route surrounding what the federal reserve will do when it comes time to decide on how much to raise interest rates next month. now, the pressure is also increasing surrounding warnings from the u. s. that russia is planning to invade ukraine, even though moscow continues to deny those plans and to miss u. s. predictions for when that invasion would take place. but it hasn't stop the concern from investors as a war involving the u. s. and russia would have major impacts around the world. so you're ending up now to discuss the latest, to just keep economists in global strategist at euro pacific capital. now peter, let's start with this raleigh in gold prices. what do you mak

newsreader: the big story coming out of china's central bank's _ crackdown on cryptos, calling all crypto—related activities illegal. reporter: it looks like | they have gone absolute. injuly 2021, china, the former epicentre of crypto mining, introduced a strict ban. bye! goodbye! see you. miners flooded out of the country to relocate their businesses in kazakhstan. 0ne chinese miner we spoke to has been working in the industry for over a decade. he asked us to protect his identity. have you seen many chinese mining companies try to move to kazakhstan? this box came from china. it's our chinese client, and it's already running. how many mining rigs came from china and this stack? more than thousand, more than thousand. but the exponential growth has put pressure on energy supplies in the country. the government says it's now using 7% more electricity than it did last year, and industry insiders say that crypto—mining activity alone uses 1000 megawatts per hour — that's more than half it takes to power almaty, kazakhstan's largest city. kazakhstan is now trying to manage the impact of its bur

and as a crypto currency wave has swept the united states, the nation's government has now named a crypto czar to pursue crime in the industry. got a pack show today, was that right? and we lead the program with a good week for gold as prizes hit $1900.00 for the and out for the 1st time since june on thursday. while us stocks took a hit and the dollar remained flat, gold continued to enjoy it's safe haven status. this comes as the pressure continues to route surrounding what the federal reserve will do when it comes time to decide on how much to raise interest rates next month. now the pressure is also increasing surrounding warnings from the u. s. that russia is planning to invade ukraine, even though moscow continues to deny those plans and a miss us predictions for when that invasion would take place. but it hasn't stopped the concern from investors as a war involving the u. s. and russia would have major impacts around the world. so you're ending us now to discuss later, you just keep economists in global strategist at euro pacific capital. now peter, let's start with this raleigh in

there is to make crypto currency trading so that crypto currency can't compete with cbt, c's. i think a lot of other jurisdictions, places like the u. s. u k. some other major financial sectors. it's still an open question whether retail cbc will be widespread. but i think if or when they do emerge, it's not necessarily the case, but they'll sort of be a war with crypto currencies. i think we'll see, you know, the average person in their digital wallet of the future carrying around, you know, cdc as well as crypto currencies. and so i think it all just points to a very different type of digitally enable financial sector that will be emerging over the coming decade and beyond. and what about the issues of privacy when it comes to government issued digital currency is like the you on, you know, can central banks, can the chinese government cut off people's access to the digital currency if they don't like their political activities or even criminal gangs? yeah, well, i mean, certainly there's been a lot of question raised about whether china deploying a cdc might use or to engag

and as a crypto currency wave has swept the united states, the nation's government has now named a crypto czar to pursue crime in the industry. got a pack show today, was that right? and we lead the program with a good week for goal that's priced at $1900.00 for the and out for the 1st time since june on thursday, while us docs took a hit and the dollar remained flat, gold continued to enjoy it's safe haven status. this comes is the pressure continues to route surrounding what the federal reserve will do when it comes time to decide on how much to raise interest rates next month. now, the pressure is also increasing surrounding warnings from the u. s. at russia is planning to invade ukraine, even though moscow continues to deny those plans and miss us predictions for when that invasion would take place. but it hasn't stopped the concern from investors as a war involving the u. s. in russia would have major impacts around the world. so joining us now to discuss the latest chief economist in global strategist at euro pacific capital. now peter, let's start with this raleigh in gold prices.

many clubs have teamed up with crypto companies to sell controversial crypto fan tokens. owners of those digital fan take into the perks and can vote on pub issues like what music's played in the stadium. now, most clubs, offering fan tokens have signed up to a company called so ceos that organizes the initial sale and subsequent trading of fan taken. well, in a $120.00 clubs already use so series including many of the biggest names in soccer . now according to estimate football clubs have taken on at least $350000000.00 by selling a crypto fantastic. and so far on so ceo's but the values of many fan tokens have decreased since they were initially sold by the clubs. now in england, the birthplace of football, 17, out of the 20 premier league clubs have at least one deal with a company in the crypto sector. however, critics say many and vote only exist to suck up people's money using football as a way of lending some credibility. well, our reporter arthur sullivan has been looking into the this growing link between football and crypto assets joins me in the studio. what exactly is going o

but crypto tory -- crypto trades 24/7. we have been trading sideways. we did not see big swings like we have done in previous risk-off sessions. really more static range. speaking of the super bowl, if you were busy this sunday and you are not paying attention to the markets you might have missed this deal. or rather, the collapse of the deal. let's take a look at lockheed martin and aerodynamic. the deal has been called off. they decided to pull the plug because the sec sued to blcok it. lockheed wanted to do the deal to bring the technology in-house to develop hypersonic weapons for u.s. military. whenever you talk about the defense sector that often, it was a sizable deal now being killed. it seems like the sec is on a bit of a role in terms of their antitrust work. so if you were glued to your screen this weekend you might not have thought about that one. emily: the popular crypto platform has agreed to pay $100 million to the sec and 32 states over allegations it illegally offered a product that paid customers high interest rates to lend out there

there is to make crypto currency trading so that crypto currency can't compete with cbt, c's. i think it a lot of other jurisdictions, places like the u. s. u k. some other major financial sectors. it's still an open question whether retail cbc is will be widespread, but i think if for when they do, you emerge. it's not necessarily the case, but they'll sort of be a war with crypto currencies. i think we'll see, you know, the average person in their digital wallet of the future carrying around, you know, cdc's, as well as crypto currencies. and so i think it all just points to a very different type of digitally enabled financial sector that will be emerging over that the coming decade and beyond. and what about the issues of privacy when it comes to government issued digital currency is like the long, you know, can central banks, can the chinese government cut off people's access to their digital currency if they don't like their political activities, also even criminal gangs? yeah, well, i mean, certainly there's been a lot of question raised about whether china deploying a c

we can to those who do not help rude out crypto currency abuses. why is it the responsibility of d 5 companies to find crypto currency abuses and to help route them out? it's not the job of law enforcement and the state makes it sound like you're going to try to make a trip to currency exchanges, financial it or even criminally liable if they don't help to root out those problems. yeah, that's an excellent question, especially if you're on the f b i say, and like we don't really fully understand everything that goes on with crypto currency. so we're just going to pass this along to the exchanges to say that they are now the ones who have to figure all this out. i guess you could look at it that way. now, christy, another aspect to this is, of course, anyone watching the superbowl this past weekend saw an incredible number of ads or these crypto currency exchanges and tools to help people begin their journey into crypto. but it seems like that journey is going to be very different when it comes to regulation than it used to be. what say you a bit, i

ready make crypto currency trading so that crypto currency can't compete with cbt, c's. i think it a lot of other jurisdictions, places like the u. s. u k. some other major financial sectors. it's still an open question whether retail cbc is will be widespread. but i think if we're, when they do emerge, it's not necessarily the case, but they'll sort of be a war with crypto currencies. i think we'll see, you know, the average person in their digital wallet of the future carrying around, you know, cdc's, as well as crypto currencies. and so i think it all just points to a very different type of digitally enabled financial sector that will be emerging over the coming decade and beyond. and what about the issues of privacy when it comes to government issued digital currency is like the long, you know, can central banks, can the chinese government cut off people's access to their digital currency if they don't like their political activities or even criminal gangs? yeah, well, i mean, certainly there's been a lot of question raised about whether china deploying a cdc might u

do these, you know, government crypto currency do they defeat the point of crypto currency is altogether? well no, i don't believe so. i mean, personally, i believe will eventually see a future where you have central bank, digital currencies, disease operating and in a more complex digital ecosystem. and use alongside crypto currencies and other related innovations like stable coins. i think it's very easy to look at the sort of the emerging landscape and conclude that crypto and cbc as must be in competition with one another. and certainly in some countries like it does appear the aim of the government, there is to make crypto currency trading so that crypto currency can't compete with cbt, c's. i think a lot of other jurisdictions, places like the u. s. u k. some other major financial sectors, it's still an open question whether retail cbc will be widespread, but i think if or when they do emerge, it's not necessarily the case, but they'll sort of be a war with crypto currencies. i think we'll see, you know, the average person in their digital wallet of the future carrying around, you

many clubs have teamed up with crypto companies to sell controversial crypto fan tokens owners of those digital fan take interesting perks, and can vote on pub issues like what music's played in the stadium. now, most clubs, offering fan tokens have signed up to a company called so ceos that organizes the initial sale and subsequent trading of fan taken wasn't a 120 clubs already used. so series including many of the biggest names in soccer. now, according to estimates, football clubs have taken on at least $350000000.00 by selling a crypto fantastic. and so far on so ceo's. but the values of many fan tokens have decreased since they were initially sold by the clubs. now in england, the birthplace of football, 17, out of the 20 premier league clubs have at least one deal with a company in the crypto sector. however, critics say many and vote only exist to suck up. people was money using football as a way of lending some credibility. well, our reporter arthur sullivan has been looking into this growing link between football and crypto assets. joins me in the studio. what exactly is going

they're simply buying crypto acids. and for example, we saw recently arsenal in london, very big football field there. they had to ads band for their fun tokens because they were said, according to the u, you can advertise and regulator misleading trivializing investment in crypto not accurately portraying the things the funds are buying as crypto acids. and we've also seen, for example, situations where man city, they did a deal with a crypto company called 3 key. and within 2 days they had to pull out that deal because it was clear that this company didn't exist in any conventional form. so it's a shady area with big risks for fans and even off the sullivan. thanks for staying on top of it for us staying now where several regions are experimenting with their own local currencies. now it's not an attempt to break away from the euro, but part of an effort to support local businesses as they recover from the pandemic . take a look, lou. it's a paradise for flamingoes and many other bird species. the april delta on spain'

for me to do with ah, get ready for the 1st crypto super bowl. crypto currency is will take main stage during the commercial breaks for sundays. football game. is that fine of mainstream acceptance or a bad omen forbid, point and the like? well, as our correspondent on wall street, britain's economy grew by a record 7.5 percent last year during a partial recovery from a pandemic driven historic collapse. we'll have more from our correspondence in london and will take you to spain where widespread drought is forcing small farmers to make tough choices. and healthy delaney and berlin, welcome to the show. was one of the biggest sporting events of the year super bowl sunday. millions will tune millions will turn in this weekend to watch the cincinnati bengals take on the los angeles rams. but of course, the super bowl is not just about football, but also the commercials. crypto firms are expected to play a major role in this year's ad lineup, hence the nickname crypto bowl, but such but demand for ads is strong across corporate america. prices for a single 32nd slot have been going for al

ready make crypto currency trading so that crypto currency can't compete with cbt, c's. i think it a lot of other jurisdictions, places like the u. s. u k. some other major financial sectors. it's still an open question whether retail cbc is will be widespread. but i think if we're, when they do emerge, it's not necessarily the case, but they'll sort of be a war with crypto currencies. i think we'll see, you know, the average person in their digital wallet of the future carrying around, you know, cdc's, as well as crypto currencies. and so i think it all just points to a very different type of digitally enabled financial sector. and that will be emerging over the coming decade and beyond. and what about the issues of privacy when it comes to government issued digital currency is like the long, you know, can central banks, can the chinese government cut off people's access to their digital currency if they don't like their political activities, also even criminal gangs? yeah, well, i mean, certainly there's been a lot of question raised about whether china deploying a cdc

today also around the crypto currency. some, all this new technology, what that means for financial markets and the same as back then. some companies, they made it even out of the dot com bubble, and the same probably will be 2 now, so some companies will probably go and others will stay and become pretty successful. and of course, they're in new york, thanks so much. meanwhile in the u. k gross domestic product rebounded by a record 7.5 percent last year on easing covert curves, feeding a partial recovery from a pandemic. trevon historic collapse. the u. k. economy grew by one percent and the 4th quarter, despite the emergence of the omar crime covert variant, british finance minister of issues to access the economy, proved remarkably resilient and earlier we spoke to g w as bare good math and london about the victory lap the british government has been taking since that beacon nomic report came out the government and receive soon as you have mentioned, had c is a c. it of course as a vindication for their cove. it measur

many clubs have teamed up with crypto companies to sell controversial crypto fan tokens owners of those digital fan take interesting perks, and can vote on pub issues like what music's played in the stadium. now, most clubs, offering fan tokens have signed up to a company called so ceos that organizes the initial sale and subsequent trading of fan taken wasn't a 120 clubs already used. so series including many of the biggest names in soccer. now according to estimate football clubs have taken on at least $350000000.00 by selling a crypto fantastic. and so far on so ceo's. but the values of many fan tokens have decreased since they were initially sold by the clubs. now in england, the birthplace of football, 17, out of the 20 premier league clubs have at least one deal with a company in the crypto sector. however, critics say many and vote only exist to suck up. people was money using football as a way of lending some credibility. well, our reporter arthur sullivan has been looking into this growing link between football and crypto assets. joins me in the studio. what exactly is going on

ah, get ready for the 1st crypto, super bowl. crypto currency is will take main stage during the commercial breaks for sunday's football game. is that a fine of mainstream acceptance or a bad omen from bit point and the like? well, as our correspondent on wall street, britain's economy grew by a record 7.5 percent last year during a partial recovery from a pandemic driven historic collapse. we'll have more are correspondent in london, and will take you to spain more widespread trout as forcing small farmers to make tough choices. i'm tell you lane in berlin, welcome to the show. what's one of the biggest sporting events of the year super bowl sunday? millions will tune millions will turn in this weekend to watch the cincinnati bengals take on the los angeles rams. but of course, the super bowl is not just about football, but also the commercials. crypto firms are expected to play a major role in this year's ad lineup, hence the nickname crypto ball. but, but demand for ads is strong across corporate america. prices for a single 32nd slot have been going for almost $7000000.00 a new record.

crypto czar to pursue crime. and the industry gotta pack show today was that right? and we lead the program with a good week for gold as prizes hit $1900.00 for the and outs for the 1st time since june on thursday. while u. s. stocks took a hit and the dollar remained flat. gold continued to enjoy it's safe haven status . this comes as the pressure continues to route surrounding what the federal reserve will do when it comes time to decide on how much to raise interest rates next month. now the pressure is also increasing surrounding warnings from the us that russia is planning to invade ukraine. even though moscow continues to deny those plans and to miss us predictions for when that invasion would take place. but it hasn't stopped the concern from investors as a war involving the u. s. and russia would have major impacts around the world. so yearning, it's now discuss later here, just keep economists in global strategist at euro pacific capital. now peter, let's start with this rally and gold prices. what do yo

plus, playing for your uber in crypto. not yet, but the ride-hailer will accept a crypto one day. and betting big on the super bowl. faneuil's--fanduel's amy howe talks about the biggest day of the year in sports betting. stuck stopping as tensions between russia and ukraine mount. kriti gupta can walk us through the day. kriti: we started on a down fitting anyway but that accelerated 1:00, 2:00 p.m. in the afternoon when you started to see reports of a potential accelerated timeline for an invasion from russia into ukraine. that was confirmed, the expectation, the intelligence confirmed by the national security advisor jake sullivan, in particular coming out and saying that this accelerated timeline is something the white house is considering. they encourage pulling out americans from ukraine. this is crucial when it comes to the markets, because the s&p 500 closing down nearly 2%. you can see a nine-basis point move when it comes to the 10-year yield. and weakness when it comes to the ruble. we have got to talk about international currency, because this will affect risk assets,

oh, oh, get ready for the 1st crypto, super bowl crypto currencies will take main stage during the commercial breaks for sundays football game. is that a fine of mainstream acceptance or a bad omen forbid point and the like will asked, are correspondent on wall street. britain's economy grew by a record 7.5 percent last year during a partial recovery from a pandemic driven historic collapse. we'll have more from our correspondence in london and will take you to spain were widespread. drought is forcing small farmers to make tough choices. i'm telling you lenient berlin, welcome to the show. it's one of the biggest sporting events of the year super bowl sunday. millions will tune millions will tune in this weekend to watch the cincinnati bengals take on the los angeles rams. but of course, the super bowl is not just about football, but also the commercials. crypto firms are expected to play a major role in this years ad lineup, hence the nickname crypto bowl. but demand for ads is strong across corporate america. prices for a single 32nd slot have been going for almost $7000000.00. a new recor

ready make crypto currency trading so that crypto currency can't compete with cbt, c's. i think it a lot of other jurisdictions, places like the u. s. u k. some other major financial sectors. it's still an open question whether retail cbc is will be widespread. but i think if for when they do, you emerge, it's not necessarily the case, but they'll sort of be a war with crypto currencies. i think we'll see, you know, the average person in their digital wallet of the future carrying around, you know, cdc's, as well as crypto currencies. and so i think it all just points to a very different type of digitally enabled financial sector that will be emerging over the coming decade and beyond. and what about the issues of privacy when it comes to government issued digital currency is like the long, you know, can central banks, can the chinese government cut off people's access to their digital currency if they don't like their political activities, also even criminal gangs? yeah, well, i mean, certainly there's been a lot of question raised about whether china deploying a cdc mi

many clubs have teamed up with crypto companies to sell controversial crypto fan tokens, owners of those digital fan take into the perks and can vote on pub issues like what music's played in the stadium. now, most clubs, offering fan tokens have signed up to a company called so ceos that organizes the initial sale and subsequent trading of fan taken well in a $120.00 clubs already use so series including many of the biggest names in soccer . now, according to estimates, football clubs have taken on at least $350000000.00 by selling a crypto fantastic. and so far on so ceo's. but the values of many fan tokens have decreased since they were initially sold by the clubs. now in england, the birthplace of football, 17, out of the 20 premier league clubs have at least one deal with a company in the crypto sector. however, critics say many and vote only exist to suck up people's money using football as a way of lending some credibility. well, our reporter arthur sullivan has been looking into the this growing link between football and crypto assets joins me in the studio. what exactly is going

how is the crypto community viewing this? i wonder if there's a chance for crypto companies to join to the swift network instead? >> i think on the first point, most people in the crypto community sympathize with the unfortunate citizens of the ukraine. in order to cut off the way to exchange payments for oil and gas from russia is, i would be surprised if any crypto people view that sanction as too harsh. the second thing is crypto is a very decentralized concept in the abstract. it is hard for any one firm or protocol to just regulate like that. the beauty of it, it is decentralized. it's transparent, but decentralized so that anyone can get access to it. emily: at this point, we have not seen any sanctions impacting the movement of cryptocurrency, but given this increased attention, is that something you are expecting? any additional regulations or sanctions that could impact the movement of digital assets? >> if there were, you would really be hurting individuals in ukraine and individuals in russia. you will not be hurti

yeah, well britain, rachel, they've gone to crypto currency. they're, they're taking a big coin. organizers are calling for basically bitcoin donations and crypto currency sites. italic coin have started raising money for the organizers of the so called freedom convoy protest, basically saying that bickley, ne, it's a people's money sell. this is all about the people. so after the go fun me side, the fundraising side shut down the donations to the freedom convoy a little over $9000000.00 in donations, saying they'll be refunded instead to the donors of blaming violence and calling in an occupation. well then some others got involved, our supporters of this overall protest trying to raise money and funds and several 100000 the u. s. the equivalent of us dollars now on these various bitcoin website . so that's essentially the latest with that. that's how they're trying to raise money for this ongoing protest. it continues here in the candidate capital of cannon and ottawa started january 28th 29th. when a convoy of truckers really converged upon

or crypto currencies. i am just curious, i think stable coins definitely have a future. i am concerned if we do not put in appropriate measured regulatory system in place here that we may fall behind do.r nations that if we want to continue to be the reserve currency of choice i think we have to allow options for very efficient ways to which to make payments. i think stable coins can fit into that. if they are a viable payment mechanism then it means a regulatory environment that promotes that. the fact that all of these have occurred in the last few yearsly means is probably a lot more innovation to come in the future. we most certainly do not want that innovation to be unnecessarily stymied by a one-size-fits-all regulatory environment here in the united statesal. do you believe after your review do you believe stable coins have this capability of assisting and competing on ang international basis if we put in a limited regulatory environment here in the united states? >> thank you, senator. so the pwg r

coming up, when is crypto regulation coming? we will hear directly from sec chair gary gensler about what is ahead for the market in 2022. that is next. this is bloomberg. ♪ emily: after several hearings, crypto platforms and exchanges have been waiting for the government to make its move and provide more clarity on the rules of engagement. my colleague david westin spoke with sec chair gary gensler earlier. gary: we do have a broad agenda and crypto is part of that agenda, but it is an agenda to make the capital work, its markets work better for the investing public and the companies. drive more efficiency in these markets. as to your question about crypto, the agency is just looking at more investors. many of these tokens -- i'm not trying to prejudge anyone, but many of these tokens have the attributes of securities. they are raising money from the public and the public is anticipating profits aced upon the efforts of others -- based upon the efforts of others. we are trying to work with the various crypto platforms, the ex

the very nature of crypto currency means that your wallet, we'll crypto with health and transferred to will from it's actually not linked to your identity. so how did investigate this? figure out that it was north korea, which was hacking these crypto accounts, or exchanges. we know it's interesting in many ways, crypto currency, the criminals, dream or a rogue nation. if you want to look at it that way because it is anonymous and you can't find it. but the very fact that it's not backed by a government means it must be traceable. and so you, for example, you have $100.00 bill life it's, it's got a serial number on it. but good luck trying to understand who's used that $100.00 bill crypto currency, it's actually traceable. and your anonymity is dependent on you getting it right every single time. if you're not enough for a 1000 transactions and you slip up just one time, then all the sudden, not just the transaction you slipped up on every single prior transaction is no longer anonymous. so i think it's a lot less ideal for a rogue nations or criminals than you might think. so what you

seconds with crypto. this is important for economies of the structure i think the next candidates are guatemala and honduras which also rely a lot of remittances first world countries might take longer i think any economic player that estimates the long-term potential of crypto will have missed on enormous opportunity akin to the internet in the late 1990s. >> antoni, i want your read with russia on cryptocrypto first, russia banning crypto and now reviewing regulation for it. i see putin is in favor. russia is expected to hold 26 billion and $30 billion of cryptocurrency what is your read? >> as with russia, it is hard to be sure what the exact position is of the official government. it keeps on changing as you pointed out. i think with the way they have positioned themselves geopolitically and the tightening news with the access to financial systems the proposed legislation in the united states to take them out of situwiss payments. they will have to embrace on a larger scale because of the chases they

so, what is a crypto currency? kitty love the internet, she buys bit coins, it theory him ripple manero, not traditional money, but digital assets that she loads on to her smartphone. around 100000000 people around the world do the same. kitty's accounts known as wallets are encrypted, hence the name crypto. now she can buy almost anything online, more and more stores except crypto currency. kitty also uses crypto currency to pay for a hotel and moscow. the payment process takes just 10 minutes compared to a regular international bank transfer that can take 4 days and gobble up money. correspondent accounts exchange rates and fees can add 25 years to a $250.00 euro payment. the crypto currency transfer. on the other hand is almost free. if you have the know how and time there is no state involved, no banks and no privacy concerns. kiddies crypto currencies are not locked in any central location. they're replicated on millions of computers recorded in the block chain. the transactions are visible to all but under a

we have a panel of our favorite crypto analysts on hand to discuss. got to get to put the started and we leave the program with continued tension between russia and nato. as the european union, the united states and united kingdom begin to implement sanctions against moscow while threatening to put more measures on the table. president joe biden announced new sanctions on wednesday, which target nord stream to a g, and it's corporate officers after germany gave in an agree to halt the certification of the pipeline. but while the u. s. and it's western allies say their goal is to make russia pay for recognizing to break away regions and ukraine, their actions. a come as at a time when they are the ones facing the highest inflation they've seen in decades . and given that russia is one of the largest producers of resources such as oil, natural gas, copper, and aluminum in the world, prices are likely to continue to skyrocket. and all of this comes as russia has spent the last several years working to make itself less reliant on the west. in the aftermat

minor crypto currency. his mind using highly complex digital processing that requires powerful computers networks around the world. james also has an audio and video production studio. he'd hoped the servers would bring in some much needed extra income of a 3rd catch robin ball or no upon the loan pom. everything. my family and i have made in the past 20 years in education, we invested in this crypto mining move on to chillman in business city, new palm tree, invest them to the start of 2022 possible made crypto mining illegal which uses energy that's urgently needed elsewhere in the country, police and customs officers go after the digital gold prospectors. until recently, kosovo, had an estimated 4 to 5000 crypto currency miners. a booming business in part due to low energy prices. even relatively modest setups could make up to 5 times the average monthly income mining became like the culture here for young people. i mean being isolated from europe with no results with not a lot of worker opportunities. t

crypto currency to pay for a hotel in moscow. the payment process takes just 10 minutes compared to a regular international bank transfer that can take 4 days and gobble up money. correspondent accounts exchange rates and fees can add 25 years to a $250.00 euro payment. the crypto currency transfer. on the other hand is almost free. if you have the know how and time there is no state involved, no banks and no privacy concerns. kiddies crypto currencies are not locked in any central location. they're replicated on millions of computers recorded in the block chain. the transactions are visible to all but under a pseudonym. that's why kitty could buy drugs or weapons beneath the radar of law enforcement. this tarnishes the image of crypto currencies. and they're not always secure either. in august 2016 anonymous hackers stole 58000000 euros worth of bitcoin. and at times the price of bitcoin has plunged by 20 percent. nevertheless, there are almost 4100 crypto currencies and more and more coins are coming into circulation. and march

crypto currency to pay for a hotel and moscow. the payment process takes just 10 minutes compared to a regular international bank transfer that can take 4 days and gobble up money. correspondent accounts exchange rates and fees can add 25 years to a $250.00 euro payment. the crypto currency transfer. on the other hand is almost free. if you have the know how and time there is no state involved, no banks and no privacy concerns. kiddies crypto currencies are not locked in any central location. they're replicated on millions of computers recorded in the block chain. the transactions are visible to all but under a pseudonym. that's why kitty could buy drugs or weapons beneath the radar of law enforcement. this tarnishes the image of crypto currencies. and they're not always secure either. in august 2016 anonymous hackers stole $58000000.00 euros worth of bitcoin, and at times the price of bitcoin has plunged by 20 per cent. nevertheless, there are almost 4100 crypto currencies. and more and more coins are coming into circulation. and

if you received crypto from mining or staking or exchanged one for another, buying ether with crypto, all are taxable and must be reported to the irs. this is all important because even if you don't owe any taxes on your crypto, failure to report your holdings can be seen as tax fraud by the irs. guys, leave it to the irs to make a simple yes-or-no question very complicated >> a couple quick questions. you said a moment ago that if i just bought the crypto and never sold it, i can check no, i did not have a transaction that would be taxable but then did i hear you say if i mined it and received it, that i would have to check yes? what's the difference? >> that's right. well, essentially mining or staking is income because just as if you -- you know, mining gold or mining diamonds, you report that as income when you receive it, then a capital gain when you sell it so that's declared as income but if you received crypto as a gift, it is not -- you don't have to report it as receiving it as you would buying it. but if you get it airdropped, then you do have to declare you received it. i

crypto currency to pay for a hotel and moscow. the payment process takes just 10 minutes. compare to a regular international bank transfer that can take 4 days and gobble up money. correspondent accounts exchange rates and fees can add 25 years to a $250.00 euro payment. the crypto currency transfer on the other hand is almost free. if you have the know how and time there is no state involved, no banks and no privacy concerns. kiddies crypto currencies are not locked in any central location. they're replicated on millions of computers recorded in the block chain. the transactions are visible to all but under a pseudonym. that's why kitty could buy drugs or weapons beneath the radar of law enforcement. this tarnishes the image of crypto currencies. and they're not always secure either. in august 2016 anonymous hackers stole 58000000 euros worth of bitcoin. and at times the price of bitcoin has plunged by 20 percent. nevertheless, there are almost 4100 crypto currencies and more and more coins are coming into circulation. and march

therefore, crypto currencies. they've got to prove themselves that they're actually a reasonable store value or a better way in which you can make transactions more cheaply. and that's going to be very exciting because the one thing we know is certainly competition in free markets tends to drive innovation and a better cost. a better standard of living for the citizens of the world. will know that anybody nursing some pitiful savings rates on their cash savings accounts are looking at i watering inflation i'm sure they'll now give crypto currencies a 2nd look. ok, patrick, gun block 10 and digital currency. extra good to talk to you. thank you. okay, that's it. that's all we got, so i for, for that, he's blocked this hour. thanks for checking in with all the international. i'm calling probably back with you with another update and around 33 minutes focusing with algorithms and neural networks have been following us everywhere. we look online because our relationships are what matters most us and that's how we find

the see, on the other hand, also believes that the crypto should be under their purview. there are another independent government agency whose role is to enforce laws against market manipulation as it relates to securities. so given the mandate of the 2 bodies, there really isn't a clear bucket that crypto falls into congress will have to decide on the argument of what constitutes as a commodity. and what constitutes a security in relation to digital assets. or maybe it's neither and it's a foreign exchange. it's a fx like in russia. so the issue is the same, that these bodies want an expansion of their power and their original mandate, which is a tail as old as time. central authority wants more control over the flow of capital. and right now the majority of digital assets are currently not even available to us and us citizens anyway. because most ideas and ideals, they've already been restricted due to the headache that these companies have to go through to come to us laws. so instead, companies are dropping the u. s. and you can't even participate in any of these new o

c has called for congress to give it the authority to regulate crypto currency . so where does that fight stand? right now, and how likely are we to see that request granted? until there's a more clear understanding of digital assets, i don't think that that fight is going anywhere. because the c f t c is now requesting an additional $100000000.00 and funding to request greater regulatory oversight of the crypto market, including pre and post trading parents, parents. but the c s d c historically has been an independent government agency tasked with regulating and monitoring the traditional derivatives mark. it has a very narrow mandate to regulate fraud and manipulation in cash markets. the see, on the other hand, also believes that the crypto should be under their purview. there are another independent government agency whose role is to enforce laws against market manipulation as it relates to securities. so given the mandate of the 2 bodies, there really isn't a clear bucket that crypto falls into congress will have to decide on the argument of what constitutes

he also uses crypto currency to pay for a hotel. in moscow, the payment process takes just 10 minutes compared to a regular international bank transfer that can take 4 days and gobble up money. correspondent accounts exchange rates and fees can add 25 years to a $250.00 euro payment. the crypto currency transfer on the other hand is almost free. if you have the know how and time there is no state involved, no banks and no privacy concerns. kiddies crypto currencies are not locked in any central location. they're replicated on millions of computers recorded in the block chain. the transactions are visible to all, but under a pseudonym. that's why kitty could buy drugs or weapons beneath the radar of law enforcement. this tarnishes the image of crypto currencies. and they're not always secure either. in august 2016 anonymous hackers stole 58000000 euros worth of bitcoin. and at times the price of bitcoin has plunged by 20 percent. nevertheless, there are almost 4100 crypto currencies and more and more coins are coming into circulation

passed new crypto rules over the past year, despite miami's claim to be the crypto capital, florida has strict requirements for crypto legislators hoping to change that, pass more crypto friendly rules this year. wyoming still stands out, they're trying to be the delaware for crypto, recently passing several regulations that make it easier for crypto companies to trade, mine, sell crypto, and even conduct banking activities we saw the $100 million fine to block involving 32 states selling unlicensed investment products there's a need for regulation, but it has to be coordinated and smart. back to you. >> yeah. the questionis what kind of regulation i'm curious, you got a no comment from the mayor and the governor of new york, but what kind of reception do you think ackman will get for his push and his argument >> this has been an issue that's been on a sort of slow boil for years by the crypto industry, by many attorneys, even by some regulators that say look, new york was early on this this is the first regulation but went way overboard what this did is it brought it out into the o

minor crypto currency. his mind using highly complex digital processing that requires powerful computers, networks around the world. james also has an audio and video production studio. he'd hoped the servers would bring in some much needed extra income of that. kitch robin ball, or no pommy lum. everything. my family and i have made in the past 20 years and education we invested in this crypto mining move on to chillman in business city in the palm tree. invest them to the start of 2022 possible made crypto mining illegal which uses energy that's urgently needed elsewhere in the country. police and customs officers go after the digital gold prospectors until recently, kosovo had an estimated 4 to 5000 crypto currency miners. a booming business in part, due to low energy prices, even relatively modest setups could make up to 5 times the average monthly income mining beginning like the culture here for young people. i mean being isolated from europe with no views osbourne firm. not a lot of worker opportunit

minor crypto currency. his mind using highly complex digital processing that requires powerful computers networks around the world. james also has an audio and video production studio. he'd hoped the servers would bring in some much needed extra income of that kitch robin ball or no upon the loan of everything. my family and i have made in the past 20 years in education, we invested in that crypto mining move on to chillman in business city in the pool today. invest them 3 at the start of 2022 possible made crypto mining illegal, which uses energy that's urgently needed elsewhere in the country. police and customs officers go after the digital gold prospectors. until recently, kosovo had an estimated 4 to 5000 crypto currency miners. a booming business in part, due to low energy prices. even relatively modest setups could make up to 5 times the average monthly income. mine became like the culture here for young people. i mean, being isolated from europe with no visas, with not a lot of worker opportunities.

this experience proves once and for all that crypto is not anonymous. crypto has always been where you have these strings and you can actually trace the balances where they've come from through every account they've ever been in since that bitcoin was mined all the way through today. it's not something that's really doable and other types of financial systems and really should give people a lot of comfort about the factor. liz: yeah, this is a couple and right before that, you saw heather morgan, the accused, doing her little rap video, but as i look at this situation at the moment, that has been what's held up a lot of these bitcoin spot etf proposals. there are a lot of bitcoin etf's now that are futures-based and we can look at some of those. those have been approved but to have that direct sort of payment bitcoin for bitcoin etf has not been approved, where do you stand? i know that you can't get into details about the bitcoin etf that you are proposing, i believe in partnership with cathie wood. what makes yours special that you would say to regula

scams impacts are everywhere and crypto. is it reckless workis with the companies to get rich by selling americans such a dangerous risky product? >> thank you for that question. i think this highlights the need for federal oversight of the crypto currency industry. as you pointed up, there has been historically unregulated venues mother or other federal agencies to help mitigate the risk. ftc has an extensive cybersecurity and anti- hacking department and programs all of their registrar's go through and are track record of the companies in exchanges subject to that level of oversight would be appropriate and help mitigate what you are pointing to and i think when you look up another instance you brought up, scams often on on the platform, the asset side from moving toward a world where there's federal registration for digital assets that involves same level disclosure and anti- fraud protection we seepr for security today would be entirely appropriate and protect pump and dump and other similar activity. i think it will hav

crypto currency to pay for a hotel and moscow. the payment process takes just 10 minutes compared to a regular international bank transfer that can take 4 days and gobble up money. correspondent accounts exchange rates and fees can add 25 years to a $250.00 euro payment. the crypto currency transfer. on the other hand is almost free. if you have the know how and time there is no state involved, no banks and no privacy concerns. kiddies crypto currencies are not locked in any central location. they're replicated on millions of computers recorded in the block chain. the transactions are visible to all but under a pseudonym. that's why kitty could buy drugs or weapons beneath the radar of law enforcement. this tarnishes the image of crypto currencies. and they're not always secure either. in august 2016 anonymous hackers stole 58000000 euros worth of bitcoin. and at times the price of bitcoin has plunged by 20 percent. nevertheless, there are almost 4100 crypto currencies and more and more coins are coming into circulation. and march