In this episode Darren and JJ discuss the anti-money laundering boogieman at the G20 summit. Circle rolls out a trading app just one week after buying Poloniex. Google is set to ban crypto ads as of June 1st. Last Week Tonight with John Oliver talks about crypto and does pretty well.
ICO and token sales suffer nearly the same failure rate as most business start-ups. Dutch RaboBank is looking at creating a cryptocurrency wallet. Poloniex is acquired by Circle. JP Morgan and Bank of America admit that cryptocurrency is very competitive. Germany won’t tax bitcoin when used as a payment. US Department of Justice is making a boogieman out of crypto money laundering. Bitcoin SegWit has seen an increase in segwit adoption up to 30%.
Mexico sells US Dollars for Pesos. China may have melding bitcoin with stock exchanges. Quantum computing sees a break through. Circle receives funding from Goldman Sachs as they look to develop a bitcoin wallet that also supports US Dollars. BitGO seeks a patent on multisig while the reddit community is in outrage. 21 Inc a secretive bitcoin start-up may be looking to put ASICs in “all the things”.