Top U.S. Crypto Exchanges Probed

With US regulators reportedly cracking down not only on crypto exchanges Coinbase and Kraken, but also investigating the overall stablecoin industry, what does that mean for the average retail investor? Ari Redbord, Head of Legal and Government Affairs at TRM Labs, and David Nage, Portfolio Manager at Arca, join Real Vision's Ash Bennington to dig into just what this regulation might mean for the industry. Coinbase's share price has dropped nearly 20% and it's the second legal case against Coinbase in the last week. Meanwhile, Kraken is facing reports that the Treasury Department is investigating them for possibly violating US sanctions. Regulation is the name of the game this week and we have all the key takeaways you need. Recorded July 27, 2022.
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With US regulators reportedly cracking down not only on crypto exchanges Coinbase and Kraken, but also investigating the overall stablecoin industry, what does that mean for the average retail investor? Ari Redbord, Head of Legal and Government Affairs at TRM Labs, and David Nage, Portfolio Manager at Arca, join Real Vision's Ash Bennington to dig into just what this regulation might mean for the industry. Coinbase's share price has dropped nearly 20% and it's the second legal case against Coinbase in the last week. Meanwhile, Kraken is facing reports that the Treasury Department is investigating them for possibly violating US sanctions. Regulation is the name of the game this week and we have all the key takeaways you need. Recorded July 27, 2022.

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