Every transaction through the dawn of time is recorded in a public way where you can always go back and see it. The idea that you give your assets or your cash to a single party and he manages entirely without any oversight is a bad idea. So what we need quickly is for the US regulators to get comfortable with crypto, instead of shunning it and pushing it away.
Anton Schutz, President and CIO at Mendon Capital Advisors and Bloomberg Intelligence Senior Analyst for US Regional Banks Herman Chan discuss the possibility of contagion for banks related to the instability of Silicon Valley Bank. Amy Hunter Glaser, Senior VP at Adecco and Bloomberg News Economics Editor Molly Smith break down the February jobs report and possible impact on Fed policy. Mike Belshe, CEO of BitGo, talks about institutions storing digital assets securely. And we Drive to the Close with Christopher Zook, CIO at CAZ Investments.
Hosts: Carol Massar and Jess Menton. Producer: Paul Brennan.
See omnystudio.com/listener for privacy information.