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US President Joe Biden plans to send a delegation to Taiwan after its election. The US SEC approved the first Bitcoin ETFs. The Houthis are increasing their attacks in the Red Sea. The podcast discusses the implications of these events.
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- US signals support for Taiwan amidst rising tensions with China.
- SEC approval of Bitcoin ETFs marks a significant milestone for cryptocurrency investors.
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US to Send Delegation to Taiwan after Election
The US President Joe Biden plans to send a high-level delegation to Taiwan after its presidential election, a move that is viewed as unusual and could anger China. Taiwan is facing pressure from Beijing to reunify with mainland China, with potential military exercises and economic pressure threatened if Taiwan's current Vice President, Leiching Ta, wins. The delegation sends a strong signal of support from the US to Taiwan amidst these tense circumstances.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode