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Thailand Warns Over DeFi; India Green Lights Cryptos

Thailand attempts to regulate decentralized finance. India’s central bank gives the green light for banks to support crypto transactions. Singapore’s DBS bank launches its first security token offering. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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Rep. Tom Emmer on Reintroduced Bill to Protect Investors With Forked Crypto Assets

Minnesota Republican Congressman Tom Emmer joins "First Mover" to discuss his bill that would protect crypto investors from reporting gains or losses on forked assets until the IRS provides more clarity on crypto taxes.

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SEC Sues 5 Over Bitconnect Ponzi Case

The SEC has filed a complaint against five Bitconnect promoters over $2 billion in unregistered assets. Lisa Braganca, attorney and former SEC branch chief, joins "First Mover" and explains the 2018 downfall of Bitconnect and whether the defendants' actions constitute a Ponzi scheme.

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Is the Wave of Institutional Investors Over?

The crypto bull market has been attributed to the wave of institutional investors like Tesla and MicroStrategy getting into the crypto space. Still, after the recent crash, some are wondering if that wave is over. According to Ryan McCall, CEO of Zerocap, it was all just "hype." McCall weighs in on what's behind the pullback and shares his thoughts on the future of the altcoin market.

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What's Biden's Plan for Crypto?

President Biden has two new crypto reporting requirements in the White House's 2022 budget proposal unveiled last week. The requirements include a provision about offshore crypto holdings and a general reporting framework for institutional investors. CoinDesk's Nik De explains what we know so far.

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Meet the Nebraska State Senator Spreading Blockchain Adoption to Farmers

Nebraska State Senator Carol Blood is on a mission to bring blockchain technology to her state's agricultural industry. Blood joins "First Mover" to share her thoughts on how blockchain tech can help Nebraska's farmers with every aspect of the agricultural process. "We have to keep our farms moving forward," Blood said. "I see technology as that next step."

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Regulatory Highlights From Consensus 2021

Consensus 2021 featured dozens of prominent speakers and newsmakers, including governors and federal policymakers such as Fed governor Dr. Lael Brainard. CoinDesk’s regulatory reporter Nik De shares his favorite regulatory moments from Consensus 2021.

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Bitcoin, Ether Down as Corrective Phase Continues

Bitcoin remains in a corrective phase under $40K. Is the sell-off over, or is there another drop on the horizon? Nicholas Pelecanos, head of trading at NEM, joins "First Mover" to weigh in. Plus, his thoughts on whether the drawdowns signal the end of the bull market.

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Stellar Invests $15M in AirTM to Boost Financial Access in Latin America

The Stellar Foundation has invested $15M in AirTM, a Mexico-based peer-to-peer crypto exchange. The foundation’s investment aims to improve access to digital payments in Latin America and boost Stellar’s presence in the region. Denelle Dixon of the Stellar Foundation joins “First Mover” to discuss AirTM and the foundation’s future investment plans across the developing world.

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Crypto Crimes Surge in Asia; Bitcoin Reasons for Divorce in South Korea

South Korea has lost $5 billion due to crypto-related crime over the past five years as fraud and scams surge across Asia. China’s Sichuan province looks to weigh the effects of a crypto mining ban on the region’s hydropower generation. Back in South Korea, crypto is becoming a reason for couples to get divorced. More on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."

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