Markets Daily Crypto Roundup

Bitcoin News Roundup for Nov. 20, 2020

With a BTC retirement plan launch and Goldman Sachs making digital yuan predictions, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

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ABOUT

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With a BTC retirement plan launch and Goldman Sachs making digital yuan predictions, CoinDesk’s Markets Daily is back for your latest crypto news roundup!

This episode is sponsored by Crypto.com and Nexo.io.

Today's stories:

US Firm Launches Company-Sponsored Bitcoin Retirement Plans

Digital Asset Investment Management says its new retirement plans can help savers beat inflation.

Morgan Creek CEO Says Bitcoin Doing 'Extremely Well' Due to Fed Reserve's Dollar Devaluation

CEO Mark Yusko said "zombie companies" left the Fed no choice but to devalue the dollar, prompting investors to turn to bitcoin and gold.

Goldman Expects Digital Yuan to Reach 1B Users in 10 Years

Goldman Sachs predicts China’s digital yuan will attract 1 billion users within a decade, helping China’s commercial banks compete with fintech companies.

Japan's Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021

Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai.

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine