Originally aired on September 5, 2023
In this episode of The O Show, Wendy O discusses several breaking news stories in the crypto and blockchain industry. She talks about the partnership between Visa and Solana, the possibility of running Ethereum nodes on mobile phones, a lawsuit against the SEC by private funds, global standard setters calling for crypto policy coordination, and the acceptance of crypto payments via PayPal for driver’s license and vehicle registration renewals in Colorado. Wendy also covers topics like the bullish sentiment of Jim Cramer towards Binance and CZ, the launch of a blockchain healthcare company on Hedera Hashgraph, and the implementation of Bitcoin education in every public school in El Salvador by 2024.
Partnership between Visa and Solana
- Visa expands USDC stablecoin settlement capabilities to Solana
- Aim to speed up cross-border settlements and provide a stablecoin payment option
- Solana becomes one of the first major financial institutions to use Solana Network at scale for settlement
Possibility of running Ethereum nodes on mobile phones
- Vitalik Buterin believes future Ethereum upgrades could allow full nodes to run on mobile devices
- This could help decentralize the network and improve scalability
- Currently, running a full Ethereum node requires specific hardware specifications
Lawsuit against the SEC by private funds
- Private fund industry files a lawsuit against the SEC over new oversight rules
- The industry argues that the rules are excessive and harmful to businesses and consumers
- The rules aim to increase transparency, fairness, and accountability in the private fund industry
Global coordination on crypto policy
- The Financial Stability Board and the International Monetary Fund (IMF) are delivering a paper at the G20 Summit
- The paper calls for global coordination, cooperation, and information sharing on crypto policy
- India requested the paper, and it includes a roadmap for implementing a policy framework for crypto
Acceptance of crypto payments via PayPal in Colorado
- Colorado’s DMV accepts crypto payments for driver’s license and vehicle registration renewals
- Crypto payments go through PayPal, supporting Bitcoin, Ethereum, Bitcoin Cash, and Litecoin
- Service fee applies, and Colorado Department of Revenue already accepts crypto for tax payments
Bitcoin education in El Salvador’s public schools
- El Salvador plans to implement Bitcoin education into every public school by 2024
- A Bitcoin diploma program will be taught to 150 teachers from 75 schools
- If successful, the program will be rolled out to all schools nationwide
00:00 – Intro
04:15 – Killer Whales TV teaser clip $HELLO
07:10 – BTC price analysis
10:00 Visa adds Solana to stablecoin settlements
13:25 – SEC overreach
16:00 – Global crypto policy roadmap
18:20 – SOL price analysis
20:00 -BitGo working with South Korean bank
21:30 – Tradfi firms unsure about crypto
22:10 – Jim Cramer reportedly buying up BNB Binance
22:30 – Wendy’s mom loves Killer Whales!
24:00 – Back to Jim Cramer
24:15 – DMV accepts crypto payments through Paypal
25:40 – Gala Games lawsuits recap
26:55 – $100M fund for artificial intelligence focused crypto projects
27:55 – Circle deploys USDC on OP mainnet & Base
29:00 – Bybit launches ChatGPT based data analysis tool
29:45 – Healthcare company live on Hedera HBAR
31:50 – Ethereum nodes to run on mobile phones
33:25 – Metamask scammers take over government websites
34:15 – El Salvador to add BTC to school curriculum