The SEC has banned staking as a service product. The agency is trying to do some education around this, CNN's John Sutter says. When you sign on the dotted line or accept the terms of service, you are generally agreeing that placing your tokens with these providers may mean transferring your ownership to them,. There's an expression in crypto, not your keys, not your crypto.
Vinny and Sunny join Jason and Molly for another crypto roundtable discussing the federal government’s crackdown on crypto. (1:39) They define what staking is (10:13), and Jason addresses his Twitter Exchange with Coinbase founder and CEO Brian Armstrong. (32:20) Then Producer Rachel is joined by Prince Ghosh of Factored Quality for another edition of Ok Boomer. (1:06:45)
(0:00) Molly kicks off the show
(1:39) Crypto crackdown + the roles of the SEC and CFTC
(8:46) Microsoft for Startups Founders Hub - Apply in 5 minutes for six figures in discounts at http://aka.ms/thisweekinstartups
(10:13) Definitions of “staking”
(21:30) Merge - Integrate up to 5 customers for free today at https://merge.dev/twist
(23:00) Using Web 3.0 for crowdsource capital
(32:20) Brian Armstrong and Jason’s exchange + Challenges of crypto exchanges
(40:25) Pilot.com. - Go to https://pilot.com/twist for 20% off your first 6 months of Pilot Core.
(41:54) Regulating stablecoins
(57:41)$100M New Jersey Deli + Jason’s grand plan for TikTok
(1:06:45) Ok Boomer with Prince Ghosh of Factored Quality
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