Word on the Block | Forkast.News
294 episodes - English - Latest episode: over 1 year ago - ★★★★★ - 5 ratingsA weekly, 30-minute podcast interviewing leading CEOs, policymakers, and thought leaders in the world of blockchain. Produced from Asia by Forkast.News, and hosted by award-winning anchor Angie Lau, Word on the Block goes beyond the headlines in providing in-depth, 1:1 interviews with the newsmakers shaping the rapid innovation and impact of blockchain, crypto, and emerging technology on business, politics, and the global economy.
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Episodes
Time for reflection: How will FTX implosion impact crypto regulation?
December 26, 2022 00:00 - 26 minutes - 24.3 MBCrypto and blockchain has seen everything this year. From the start with it’s all time highs and it’s role in the Ukraine War, to the year ending with the debacles of Terra Luna and the mess left by FTX and much more. These instances have left industry edging more towards the importance of security and regulations in the space. We spoke with the Independent Community Bankers of America's Brian Laverdure to learn more about developments in crypto asset regulation and how they might help the...
Is Crypto Winter the right time to invest in Web3?
December 05, 2022 00:00 - 26 minutes - 24.7 MBMacros and microeconomics have taken a hit on the industry, leading venture capitalists and investors to take a more cautious path when investing. But some believe the opposite, now is the time to seize the opportunity. Why should we be investing during the crypto winter? What value can you get out of this? And what should we be investing in? Get the answer to all these questions & more in the latest episode of Word on the Block
Why would companies want cryptocurrency-free blockchains?
November 21, 2022 00:00 - 27 minutes - 25.3 MBAs China’s dominance in the world of blockchain grows, the question that everybody is asking is - can one be tracked by this technology? Watch what Yifan He, who is building Chinese Blockchain Based Service Network or BSN & taking it to the world, has to say in this conversation with Forkast’s Angie Lau. Find out why he doesn’t believe in cryptocurrencies & why non-crypto blockchains are going to be what traditional industry & systems back on. And what are the synergies and links there are,...
Blockchain without cryptocurrencies: How might China’s BSN change Web3?
November 07, 2022 00:30 - 27 minutes - 25 MBChina now has an over 80% share in blockchain patent applications worldwide. This shift in China’s strategy comes even though crypto currencies are frowned upon in the country. Even though crypto currencies are one of the most popular applications of blockchain technology globally, China has taken a different route as it develops Blockchain Base Service Network or BSN. How exactly does BSN work? Is it linked to existing public chains? Or is it developing in isolation? Is BSN China’s connecti...
Why is Standard Chartered so drawn to Web3?
October 24, 2022 00:00 - 27 minutes - 25.2 MBBlockchain and cryptocurrencies have been around for a little bit more than a decade, but compared to the insituationals companies they are still in their infancy. But as blockchain and crypto grows, more and more institutional players are joining the fields. You know things are getting serious when one of the oldest ventures joins the game supporting ventures that disrupt the way we invest and work in. When did they realise that they would no longer turn a blind eye to these disruption? W...
Want the next-generation internet? Start legislating for it!
October 10, 2022 00:00 - 27 minutes - 24.9 MBThe right policy structure is critical for success. As the blockchain & cryptocurrency sectors grow & break through barriers set by traditional industry, having the right guardrails in place will be essential to help it get to the next level. So which agency or agencies need to develop policies for the crypto industry? What are the rules that need to be written? How do we ensure the policy architecture does not stifle innovation? Are cryptocurrencies securities or commodities? And does any o...
How can Web3 property rights change the future?
September 26, 2022 00:00 - 28 minutes - 25.7 MBHong Kong based crypto unicorn Animoca Brands has invested in over 340 web3 projects and companies so far, and more are coming. We find out how they find the right ventures to back and what challenges and opportunities they are spotting in this age of the crypto chill. And why are they participating in the Open Metaverse Alliance, what exactly is it and why do we need it.
Minting History as NFTs with Artifact CEO Gary Liu
September 19, 2022 00:00 - 27 minutes - 24.7 MBNFTs have become ubiquitous, but they are a lot more than just a picture. They are a way to prove provenance, secure authenticity and a whole lot more. And Artifact Labs, which originated within the realms of one of Hong Kong’s oldest newspapers SCMP, is using NFTs to preserve Asia’s historic moments. Find out the challenges they’ve faced along the way as well as their thoughts on the Chinese NFT landscape. And what are the missing pieces in the crypto regulatory puzzle and what can be done...
Crypto, Yes WeDo! - Women in Web3 with Wendy Diamond
September 05, 2022 00:00 - 27 minutes - 25 MBThe world of finance is male dominated and this is true of the web3 world as well. Per a McKinsey report, all male teams snagged 85% of venture funding in the US in 2018, compared to a measly 2% by all female founding teams. How can this equation be made more equal? How can women get access to a more inclusive financial system and what needs to change? Forkast’s editor in chief Angie Lau speaks to Wendy Diamond who leads the Women's Entrepreneurship Day Organization or WEDO, that is trying t...
Cosmos Reaching For The Stars with CoFounder Ethan Buchman
August 29, 2022 00:00 - 27 minutes - 25.2 MBWhile there are thousands of blockchains around, most of them work in their own galaxy and interoperability is still a challenge. However, Cosmos is trying to change that by creating an internet of blockchains. How exactly are they creating that internet & what challenges are they facing as they try to create a system that could operate over the next few decades? And why is uplifting grassroot communities and creating systems that support local economies top of Cosmos agenda? Find out the a...
How Metaverses Connect to the Physical World
August 22, 2022 00:00 - 26 minutes - 24.7 MBWe are just about beginning to scratch the surface of what a metaverse could be & the opportunities it presents. A world where our digital avatar is our identity & we can do things without being restricted by location or access. Forkast’s Editor in Chief Angie Lau chats with Sandra Helou, the cofounder of Metapolis to understand not just the opportunities but the challenges & difficulties a metaverse could present & how to navigate through this new landscape. She believes decentralization ca...
DBS Prepping for the Metaverse
August 15, 2022 00:00 - 27 minutes - 24.7 MBThe Metaverse is coming but are we prepared? What are the opportunities and challenges this new alternate reality presents? And what role will demographic gravity play in easing us into the Metaverse? Will rules of the real world apply in the virtual one and what will it take to be a responsible corporate leader in it? And what could be the social and societal ramifications of living a digitally immersive life? Forkast chats with one of South East Asia’s largest banks to find out how it is ...
China, NFTs and the role of Tezos
August 08, 2022 00:00 - 26 minutes - 24.5 MBThere are thousands of blockchains in the crypto universe, but Tezos has emerged as the chain of choice for artists & creators across the globe. What’s driving artists to TZ and how is that changing the world of NFTs & art? Tezos is also among a select few private blockchains that have made their way into China, what’s been their experience so far & where do they go from here? You’d find the answers to these questions & a whole lot more in this exclusive chat between Forkast’s editor-in-ch...
Blockchains of Tomorrow with Daniela Barbosa of Linux Foundation
August 01, 2022 00:00 - 27 minutes - 25.1 MBThe crypto markets maybe in the throes of the bear market, but those building foundational level technology are still hard at work. We discuss how blockchain technology has evolved over the years & how it’s changing the way industries operate. How open source projects enable diversity & the need for permissionless & hybrid blockchains. And the role of the Linux Foundation in nurturing the blockchain technology of tomorrow.
Bridging the Web3 Gender Gap with Marieke Flament
July 25, 2022 00:00 - 21 minutes - 20.1 MBAn old boy’s club - that’s how the world of finance & investing is often seen. And unfortunately the crypto ecosystem is looking no different. What will it take to make the world of Crypto more inclusive? Is there a need for gender focussed policy action? And who are the female changemakers in Web3 who are shattering the glass ceiling? Get the answer to all these questions as NEAR Foundation & Forkast launch the Women in Web3 Changemakers 2022.
Ben "BitBoy" Armstrong & Aaron Murray: Making a Play for Crypto
July 18, 2022 00:00 - 27 minutes - 24.7 MBName, Image & Likeness, or NIL law has given many student-athletes a chance to monetize their talent. How has it changed the lives of these high school & college sportsmen & women? And is it making fans invest in their future? How is the recent chill in crypto air impacting platforms that are helping build a business based on NIL? And what’s the future of digital currencies? Get the answer to all these questions in this conversation between Forkast Editor in Chief Angie Lau, Ben Armstrong ...
USDC sets it straight: A conversation with Circle's CFO Jeremy Fox-Geen
July 11, 2022 00:00 - 28 minutes - 26.1 MBChaos, doubt & FUD has taken hold of crypto investors as we deal with the contagion from collapsing crypto hedge funds & exchanges. And the ripples from Terra’s de-peg have shaken the world of stablecoins with allegations & rumors now at Circle’s doorstep. How is the issuer of the world’s second-largest stablecoin, USDC fairing? Are its assets safe? Are USDC holders safe in case of bankruptcy? How has USDC managed to increase its market capitalization in these chilly times? And what are the c...
NFTs after the frenzy fades away: Conversation with Metakovan
July 04, 2022 00:00 - 26 minutes - 49 MBVignesh Sundaresan, more popularly known as “Metakovan” changed the face of NFTs with his $69 million purchase of Beeple’s “Everydays: The First 5000 Days”. Why did he pay $69 million for the NFT? What drives his investment thesis? And what value do NFTs hold? Find out in this exclusive conversation with Forkast’s Editor-in-chief Angie Lau, as he talks about the people who have inspired him and his crypto journey.
Mind the gap: Bridging the divide between DeFi and CeFi with B2C2
June 27, 2022 00:00 - 26 minutes - 49 MBJapan was among the first the world to introduce crypto-linked regulations in 2017. The country has now passed a law that clarifies the legal status of stablecoins, but what exactly does it mean? And what needs to be done to hasten institutional adoption of digital currencies? And what can other countries learn from Japan’s experience of regulating digital assets? Forkast’s editor-in-chief Angie Lau talks to Phillip Gillespie, CEO of B2C2 that is looking to bridge the gap between cryptocur...
Game theory: What’s holding back an explosion of play-to-earn?
June 23, 2022 00:00 - 27 minutes - 49.7 MBOne in three people in the world are gamers but only a fraction of them are in Web 3.0 gaming. What will it take to bring them into blockchain gaming? And what’s missing from the current spectrum of blockchain games? Singapore-based gaming startup Ethla's CEO Wui Ngiap Foo talks about the gaps & opportunities they are spotting in gaming. And how they are looking to onboard the next billion users into crypto.
Temasek's Blockchain Ambition
June 15, 2022 00:00 - 27 minutes - 50.4 MBSingapore’s Temasek, one of the world’s largest sovereign wealth funds, has been looking at blockchain technology since the crypto winter of 2018. How much of its US$270 million portfolio is geared towards crypto & blockchain projects? Have they invested in Bitcoin? And how do they pick & choose businesses they’d like to be a part of? Get the answers to all these questions and more as Forkast’s Editor-in-Chief Angie Lau meets Pradyumna Agrawal of Temasek in Singapore.
Reaching for the Next 50 Million Users: A Conversation with COO of Crypto.com
June 07, 2022 00:00 - 22 minutes - 40.7 MBSingapore headquartered Crypto.com, is dreaming big and hopes to have 100 million users on its platform by the end of 2022. Brand recall & trust are going to play a big part in acquiring new customers for the crypto exchange. So what are the challenges ahead of them and how are they dealing with cross jurisdiction regulatory differences? Find out in this conversation between Forkast’s Editor-0in-Chief Angie Lau & Crypto.com’s Eric Anziani.
Banking on the Future: Conversation with the CEO of DBS Bank
May 30, 2022 00:00 - 27 minutes - 49.7 MBDBS Group is one of the oldest and biggest financial groups in South East Asia, and they now have their eyes focussed on the digital economy. Forkast’s Angie Lau talks to the group’s CEO about how they are transforming not just themselves but architecture of the existing financial systems. And what’s the role for regulators in shaping this new economy.
Decoding the Metaverse
May 20, 2022 12:00 - 26 minutes - 48.9 MBWhat exactly is the Metaverse and how will it transform our lives? Will legacy financial institutions continue to remain relevant in the new virtual reality? And what is attracting Web 3 and crypto firms to Dubai? Forkast’s Editor in Chief Angie Lau speaks to Citi’s Ronit Ghose to answer these questions & more.
Crypto's Architects: Conversation with Sam Bankman-Fried and Amy Wu
May 13, 2022 12:00 - 28 minutes - 52.4 MBThe recent events in crypto markets have reiterated the need for a crypto regulator & greater oversight over digital assets. Will this be a key factor in bringing traditional finance firms to the world of DeFi? What is the knowledge gap that exists in the crypto industry? And where and how is FTX looking to deploy its US$2 billion dollar crypto venture fund? FTX founder Sam Bankman-Fried and Amy Wu, head of FTX’s Ventures join in on this exclusive conversation to answer these questions & more.
Turning Crypto Skeptics Into Believers
May 06, 2022 12:00 - 25 minutes - 46 MBAnthony Scaramucci, Founder & Managing Partner of alternative investments firm Skybridge says he’s looking to create the bridge between traditional finance and Defi, the future of finance. He says it is odd that legacy financial firms are investing in companies that buy crypto tokens but won’t invest in underlying tokens directly. He also believes crypto is about individualism and empowerment and governments cannot ignore it anymore. Listen in to the entire conversation between Anthony Scara...
Journalism In Blockchain
April 29, 2022 12:00 - 27 minutes - 49.6 MBFrom the rustle of the paper to the news at your fingertips on your smart device. Technology has changed not just how we consume news, but how the people who bring you the news work. Will blockchain technology be the next leap for journalism? How could NFTs help journalists benefit from their work? Could crypto tech raise the trust between news providers and their audiences? Find out in this exclusive one-on-one chat between Dwayne Desaulniers, Director for Blockchain and Data at the Associa...
Shaping The Future Of Crypto
April 22, 2022 12:00 - 27 minutes - 24.9 MBWill China beat the US to the first Central Bank Digital Currency? How soon might we see the first digital dollar? And what’s the role played by dollar backed stablecoins playing in the current financial system? How are policy makers and regulators in the US shaping the crypto story? Kristin Smith, Executive Director at the Blockchain Association answers all these questions & more in conversation with Forkast’s Angie Lau.
The New Reality: GameFi, NFTs & The Metaverse
April 08, 2022 12:00 - 26 minutes - 24.5 MBFrom Gucci to Louis Vuitton, Spider-Man to Batman, there's no escaping the craze for NFTs. The market for NFTs or non-fungible tokens catapulted to US$18.5 billion in 2021, a rise of over 500 times compared to the previous year. So what are the opportunities for this segment? Would GameFi continue to drive the rise or will we see new use cases take the lead? Forkast’s Angie Lau is in conversation with Duc Luu of Spores Network to answer these questions and more.
Blood, sweat and tiers: Why layer-2 remains the bedrock of Bitcoin development
January 07, 2022 07:33 - 47 minutes - 44.2 MBFrom the recent launch of Bitcoin-based exchange-traded funds in the U.S. to El Salvador’s plan to raise US$1 billion through BTC bonds to fund its “Bitcoin City” property development, growing mainstream adoption of the world’s original cryptocurrency is demanding increased scalability. Adam Back, a Bitcoin development veteran and CEO of blockchain technology company Blockstream, which is working in partnership with El Salvador’s government on its Bitcoin-backed bond plan. says the solutio...
Bitcoin’s price is a lie, says Morgan Creek Capital chief
January 05, 2022 23:03 - 1 hour - 58.4 MBThe price of Bitcoin has dropped by more than 22% in the past 30 days. Predictions that the world’s original crypto would top US$100,000 by the end of the year are beginning to look overly optimistic, to put it diplomatically. Yet Mark Yusko, chief executive and investment officer at Morgan Creek Capital, is holding firm in his belief that Bitcoin will be worth US$250,000 within the next five years. He thinks Bitcoin’s current low price, as denominated in U.S. dollars, is bunk. “It’s intere...
Meet the DAO chief who wants artificial intelligence to take his job
January 05, 2022 22:59 - 35 minutes - 32.6 MBA recent US$40 million-plus bid for a rare copy of the U.S. Constitution by 17,437 virtual strangers may have failed to win the prized historical document, but it thrust the decentralized autonomous organization that united them into the spotlight. ConstitutionDAO’s audacious campaign, which raised the money for its auction bid within a week, catapulted not only itself but also the entire DAO phenomenon into the public consciousness. A DAO is like a virtual flash mob — a leaderless group...
How blockchain tech can be the supply chain’s strongest link
January 05, 2022 22:30 - 28 minutes - 26 MBShipping times from China, the world’s biggest exporter, are set to grow longer amid a new set of Covid quarantine mandates for vessel crews. The new rules mean that seafarers may have to spend as much as seven weeks in isolation for each return trip. That latest blow to the logistics industry comes as the Covid pandemic appears to have gained renewed momentum, propelling a surge in demand for products as consumers around the world stay at home. Adding to the bottleneck is an increase in ...
DeFi’s amorphous autonomy proves a policy puzzle
December 03, 2021 03:53 - 31 minutes - 29 MBThe decentralized finance sector has undergone phenomenal growth this year, with its value soaring more than tenfold to US$250 billion. But as it becomes too big to fail, its lack of regulatory access points is raising concerns among finance industry observers and finance industry oversight bodies. “[DeFi] will be difficult to tackle because our current frameworks for financial services are built in the construct of having a financial intermediary in every single financial service provisio...
This Brazilian digital bank wants to change the world, one block at a time
December 03, 2021 03:50 - 34 minutes - 31.4 MBIt may have taken a global pandemic to do it, but millions of unbanked people in Latin America have been propelled into the financial system since the beginning of the Covid-19 crisis. Some 17% of the region’s unbanked population had gained access to the system by autumn last year as, within a matter of months, pandemic-related subsidies made financial inclusion a necessity. Nevertheless, in Brazil, 34 million adults — almost one in six Brazilians — remain unbanked, according to São Paul...
Is 2021 the year of crypto’s coming of age?
December 03, 2021 03:14 - 42 minutes - 39 MBThe first Bitcoin futures exchange-traded fund made its debut on Wall Street just a little over a fortnight ago. Six days later, Mastercard partnered with digital asset management company Bakkt to bring cryptocurrencies into its network. As increasing numbers of mainstream finance sector businesses enter the crypto space, digital assets are reaching a level of maturity that’s defying the predictions of their critics. “Blockchain, Bitcoin and cryptocurrencies are no longer some young, innova...
Back to the future: Why Bitcoin is still a game-changer
October 29, 2021 11:00 - 38 minutes - 35.7 MBBitcoin may have taken a back seat in the collective consciousness of the crypto community this year as the non-fungible token scene took off and decentralized finance enjoyed an Indian summer, but the coin that started it all has been back in the headlines lately. Bitcoin has returned to valuations last seen during the heady peaks of spring, a BTC futures fund began trading on Wall Street earlier this month, and a Central American nation has adopted it as a parallel currency. The world’s ...
Taking opulence online: How blockchain is beckoning luxury brands
October 29, 2021 00:04 - 41 minutes - 38.2 MBBlockchain is becoming increasingly integrated into the corporate world, and luxury brands are particularly well-positioned to reap the rewards of digital innovation, which is set to play a part in an industry that’s constantly seeking to reinvent itself. The Covid-19 pandemic has taken a significant toll on the luxury sector, which shrunk by as much as 22% in 2020, setting its growth back five years. The Big Four fashion weeks, for instance, saw Paris, Milan, London and New York welcome o...
Is Blockchain’s age of interoperability finally on the horizon?
October 29, 2021 00:01 - 39 minutes - 36.5 MBAs the adoption of blockchain technology grows around the world, so have the barriers between blockchains in different countries and regions. Much like the internet, which started out as small sets of nodes in universities before expanding globally to form an interconnected and far more useful World Wide Web, blockchain nodes — now distributed across the globe — are in need of greater interoperability. “At the end of the day, the primary catalyst for blockchain is really its connectivity...
Former US Treasury advisor predicts no ‘real action’ from Fed on CBDC (ft. Michael B. Greenwald)
September 24, 2021 08:19 - 38 minutes - 35.2 MBBitcoin took another major leap recently toward becoming mainstream after its adoption by El Salvador as legal tender. Meanwhile, central bank digital currencies (CBDC) are gaining momentum in economies around the globe. Michael B. Greenwald, the first US Treasury attaché to Qatar and Kuwait, and now the director of Tiedemann Advisors, sees El Salvador’s venture as Bitcoin’s great inflection point as the world keeps a close eye on Bitcoin’s first national testbed. “Countries like El Salv...
Why Cardano’s Charles Hoskinson says DeFi is ‘up for grabs’
September 17, 2021 00:00 - 51 minutes - 46.8 MBCardano’s much-anticipated Alonzo hard fork finally kicked off a new era of smart contracts on the blockchain. Because of that new capability, the proof-of-stake platform can now host decentralized applications (dApps) in the highly competitive decentralized finance (DeFi) space. But the unregulated Wild West of DeFi recently received some significant noise complaints from the Securities and Exchange Commission Chairman Gary Gensler, who told the Wall Street Journal that DeFi projects are ...
Searching for Asia’s ‘hidden treasures’ in NFTs and GameFi
September 16, 2021 06:15 - 44 minutes - 40.9 MBWhy is Axie Infinity so popular, and what is the potential of play-to-earn gaming? Two venture capitalists share insights on Asia’s special place as GameFi’s hub.
How aggrieved traders are legally uniting against Binance after the crypto crash (ft. David Kay)
September 03, 2021 10:44 - 41 minutes - 38.2 MBHighlights Binance’s user agreement: “So in their user agreement, when you sign up, you are not permitted to sue them in any jurisdiction around the world. The only place that you are allowed to sue Binance when you sign up to that agreement is the Hong Kong International Arbitration Center… The other interesting thing is, Binance obviously doesn’t want to be subject to local jurisdictions because they don’t want to be regulated, which is a very smart thing to do if you’re in their shoes.” ...
How a Hong Kong newspaper is remaking history with NFTs (ft. Gary Liu)
September 03, 2021 10:32 - 41 minutes - 38.4 MBHighlights SCMP’s foray into NFTs: “ARTIFACT is our attempt to create a new standard for historical NFTs. For us, anything that is as an account of a historical moment, so new stories, or potentially a historic artifact itself, recreated or sometimes created for the very first time as a digital asset. So we do actually think that this is a very different world to the NFT world that has exploded over the course of really the last six months.” Preserving history on the blockchain: “One of th...
Why an open metaverse economy might be coming soon (ft. Jamie Burke)
August 30, 2021 05:11 - 41 minutes - 38.2 MBHighlights Facebook’s foray into the metaverse: “Facebook is now saying they are transitioning into becoming a metaverse company, away from being a social media company. But this isn’t anything new. They’ve been undergoing this transition for a long time, of course, with their acquisitions in VR and Oculus. But of course, they’re also trying to launch [Diem], which is their own cryptocurrency. That’s no coincidence. They understand that there will be this economic system that is woven throu...
Are DAOs a new way for companies to go public? (ft. Erik Voorhees)
August 30, 2021 05:00 - 36 minutes - 33.7 MBHighlights Separating money from the government: “A good way to frame this is like, as most people understand, that back in the 1500s, 1600s, this concept of separating church and state. It was a struggle — a fight. Ultimately, I think people realized that it was important that something as crucial and personal to people’s lives as religion is not controlled by the government. Money is even more personal and important to people’s lives. In that regard, trying to separate money and state is ...
Polygon makes the case for scaling solutions after ETH 2.0 (ft. Sandeep Nailwal)
August 30, 2021 04:50 - 35 minutes - 32.2 MBHighlights Polygon’s early struggles: “We all know that Ethereum is very decentralized, secure but has scalability issues. So what Polygon started to do is that we wanted to provide this entire Ethereum development capability on this layer-2, basically. So that’s where we started. And we also were very much focused on building something that gets used and all that. There were a lot of nuances in between. Like it took us a lot of time. We were not from Silicon Valley. We did not have fancy b...
How Wall Street’s ‘best-kept secret’ now fuels high cryptocurrency yields (ft. Alex Mashinski)
July 30, 2021 10:26 - 42 minutes - 38.6 MBOne of Wall Street’s least risky businesses, securities lending, is now also being used by crypto lending companies to provide high yields for hodlers — or long-term crypto holders. But what are the risks to crypto holders? “If you ask any Wall Street veteran: ‘What is the safest business on Wall Street?’ They’re not going to tell you banking, they’re not going to tell you trading, they’re going to tell you sec lending,” Celsius Network CEO Alex Mashinsky told Forkast.News in a video intervi...
Bitcoin ETF applicant not surprised by delays (ft. Leah Wald)
July 23, 2021 06:31 - 33 minutes - 30.3 MBValkyrie’s application to open a Bitcoin exchange-traded fund (ETF) has been delayed by the Securities and Exchange Commission (SEC). But Valkyrie’s chief executive is not surprised. She says a cautious approach is par for the course when it comes to approving any innovative financial product. “Actually, when we first applied for a Bitcoin ETF back in January, right after VanEck, we had a timeline of about two to three years that we thought the application would be,” Valkyrie CEO Leah Wald...
Bitcoin ETF applicant not surprised by delays
July 23, 2021 06:31 - 33 minutes - 30.3 MBValkyrie’s application to open a Bitcoin exchange-traded fund (ETF) has been delayed by the Securities and Exchange Commission (SEC). But Valkyrie’s chief executive is not surprised. She says a cautious approach is par for the course when it comes to approving any innovative financial product. “Actually, when we first applied for a Bitcoin ETF back in January, right after VanEck, we had a timeline of about two to three years that we thought the application would be,” Valkyrie CEO Leah Wald...