Originally aired on July 27, 2023

In this episode, Wendy O covers several notable crypto and blockchain stories. She starts by discussing new regulatory legislation that advanced in the House, including a bipartisan bill that would provide more regulatory clarity for crypto assets and grant the CFTC increased oversight authority. However, Wendy notes the legislation faces resistance in the Democrat-controlled Senate.

There is also a breakdown of failed negotiations around a separate stablecoin regulation bill. Wendy argues stablecoins need some guardrails but opposes excessive state-by-state license requirements. She reiterates her opposition to central bank digital currencies and the need to fight back against the Federal Reserve’s moves in that direction.

Other topics include DOJ dropping a campaign finance charge against FTX founder Sam Bankman-Fried. Wendy slams this decision, arguing SBF was responsible for massive customer losses at failed crypto lenders. She claims his status as a major political donor has shielded him from accountability.

The episode covers Worldcoin’s iris scanning payments app rollout and Wendy’s privacy concerns about it. There is discussion of Elon Musk taking control of a coveted Twitter handle without compensation. Wendy acknowledges critiques from the crypto community but notes their hypocrisy regarding handle squatting.

Wendy O closes with positive news of a new security checklist for Web3 projects, a NFT creator platform launch on Polygon, and network growth for altcoins like Stellar and XDC. Despite feeling unwell, Wendy powers through the full episode and thanks viewers for their birthday wishes and donations to charity the prior day.

What crypto regulatory developments happened in Congress?

• Bipartisan House bill would provide more crypto clarity, give CFTC power
• Faces uphill battle in Democrat-controlled Senate
• Stablecoin bill negotiations broke down over state license disputes

Why was a charge dropped against FTX’s Sam Bankman-Fried?

• DOJ dropped campaign finance accusation against SBF
• Wendy argues he was shielded due to major political donations
• Blames him for Celsius and Voyager customer losses

What privacy concerns does Wendy raise about Worldcoin?

• Critiques people lining up for iris scans and tokens
• Warns about providing excessive personal data

How did Elon Musk get a coveted Twitter handle?

• Took control of @x handle without paying original user
• Wendy notes crypto criticism but says they squat handles too

What positive crypto developments did Wendy highlight?

• Security checklist for Web3 projects launching
• NFT platform Pom Network migrating to Polygon
• Network growth for Stellar and XDC

00:00 – Intro

00:05 – Parenting 101

05:40 – The entire crypto market

05:50 – BTC price analysis

06:45 – XRP price analysis

07:10 – NEW crypto bill in US

20:20 – Lawmakers fight over stablecoin bill

22:10 – SBF INNOCENT?! FTX update

27:00 – Worldcoin scary new project

28:10 – Aliens incoming

29:35 – Elon steals X handle

31:15 – Solana Polygon new web3 security program

32:05 – Gemini trading championships

33:00 – Palm network moving to Polygon MATC

34:25 – XDC pump

34:50 Stellar Lumens XLM pump

35:10 Final news