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MSNBC Jose Diaz-Balart Reports June 4, 2024 15:17:00

The ftx collapse featuring testimony from the company s current ceo. with us now to talk about this is james sherman, founder of punch bowl news. it s good to see you. bankman-fried was arrested the night wildfire he was scheduled to testify. how have lawmakers reacted to this arrest? the interesting thing is that bankman-fried was involved with trying to right the rules for the road for the crypto business. he was active politically, both in donations and with lawmakers trying to cobble together regulation for crypto currency and other digital assets. this whole episode is really whiplash, i would say is the best way to it, for lawmakers. now they have to focus. now that the department of justice is involved and is prosecuting bankman-fried, they are going to focus on systemic issues in digital currecy. ....

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Bitcoin payment: A first in India: Crypto co lets users pay for common daily-use items like pizza, coffee using bitcoins

According to Unocoin, while in many parts of the world bitcoins are already accepted as a medium of exchange for trading, this would be a first-of-its-kind offer in India. For the record, a significant number of etailers in America and elsewhere accept payment in bitcoins. ....

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