Originally aired on June 19, 2023
Fidelity Investments, a prominent investment firm managing assets worth $4.2 trillion, is reportedly planning to venture into the crypto market, marking a significant move by a traditional investor in the blockchain and cryptocurrency domain. This development, if realized, holds the potential to be one of the most noteworthy forays by a conventional investor into the crypto space.
In this episode, we delve into the latest updates on XRP Ripple, shedding light on recent developments surrounding this digital asset. Furthermore, we explore reports suggesting that the International Monetary Fund (IMF) is actively working on a platform designed to facilitate cross-border transactions of central bank digital currencies (CBDCs). This initiative raises questions about the extent of control that individual countries may have over their monetary policies, as the IMF’s involvement could potentially diminish their autonomy.
Meanwhile, JPMorgan conducted a review in 2019, uncovering ties between Mr. E and former executive Jess Stanley. It was discovered that Mr. E had been providing regular advice to Stanley and accompanied him to meetings involving foreign officials. This review comes during increased scrutiny surrounding Mr. E and his connections to various financial institutions.
Join us in this episode to stay informed about these significant developments. We cover Fidelity Investments’ potential entry into the crypto market, provide updates on XRP Ripple, explore the IMF’s reported efforts in CBDC cross-border transactions, and examine JPMorgan’s review of its association with Mr. E.
IMF Working on CBDC Platform for Cross-Border Transactions
- The IMF is reportedly developing a platform for CBDCs to enable cross-border transactions between countries.
- This could mean less autonomy for individual countries when it comes to their monetary policies and raises concerns about the level of control held by the IMF.
JPMorgan Review Finds Ties to Mr E
- JPMorgan has reviewed its ties to Mr E in 2019, finding that he had given advice to former executive Jess Stanley and attended meetings with foreign officials.
- JPMorgan’s review comes amid increased scrutiny over Mr E and his connections to various financial institutions.
00:00 – Intro
02:00 – CBDC platform incoming
03:45 – Thoughts on banks coming into crypto
07:05 – The entire crypto market
07:25 – BTC daily, 12h, 4h & 45m
08:25 – Mastercard files more crypto trademarks
14:30 – Ripple CEO shares thoughts on SEC actions
22:50 – John Deatons shares more observations from Hinman docs
34:15 – ETH devs propose to raise validator limit
40:45 – Binance goes after Nigerian scammer entity
43:25 – Binance cancels registration for inactive business in UK
46:40 – Quant QNT participates in UK CBDC trials
48:20 – Trust Wallet #twt integrates Tron DAO TRON
48:40 – Happy Birthday to our new PARTNER Squid Grow Squidgrow
50:50 – Elon bans AI crypto chatbot account
52:00 – SBF charges dropped