CoinDesk Podcast Network
COINDESK DAILY: Do Kwon’s Extradition Postponed Yet Again; Coinbase Argues Against CFTC Rules
Aug 9, 2024
Do Kwon, a prominent figure in the crypto industry, discusses his ongoing extradition challenges from Montenegro. The conversation dives into the regulatory hurdles posed by the CFTC's proposed rules on prediction markets, and Kwon shares insights on the implications for the broader crypto landscape. Additionally, JPMorgan's analysis of market catalysts adds an intriguing layer to the discussion, highlighting what this means for Bitcoin's future. Tune in for a mix of legal drama and financial insights!
02:19
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Quick takeaways
- Do Kwon's extradition has been delayed again due to conflicts between South Korea and the U.S. over legal charges.
- Coinbase contests CFTC's proposed prediction market rules, claiming they may impede economic growth and overreach regulatory authority.
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