Weekly Roundup 08/25/23 (Coinbase v Circle, Tornado Cash indictment, chat app tokens) (EP.446)

Matt and Nic are back for more news and deals. In this episode: 

The Bitcoin halving is coming up We review the Republican Presidential debate We review the state of New Jersey Coinbase takes a stake in Circle Hidden tensions between Coinbase and Circle BH Digital releases a stablecoin report USDC is challenged due to their inability to pay interest The DoJ charges the founders of Tornado Cash with AML and sanctions violations Did the Tornado Cash token hurt the founders’ case? The problem with chat apps creating their own tokens FTX is working with Galaxy to liquidate some crypto SBF isn’t happy with his prison meals Prime Trust was up to some shenanigans

Content mentioned: 

BH Digital, The Relentless Rise of Stablecoins

Sponsor notes: 

Coin Metrics STATE OF THE NETWORK — From East to West: the Global Pulse of Stablecoin Transactions In Coin Metrics State of the Network Issue 221, we provide a data-driven overview of halvings and their implications in anticipation for Bitcoin’s upcoming 4th halving