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영어뉴스 듣기연습- Crypto World/cnbc(5/10)카테고리 없음 2023. 9. 14. 07:23
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원문 및 청취주소: https://www.youtube.com/watch?v=WTu3VJH4gws&list=PLVbP054jv0KrJ8wLB8pxmuMLqRi5e7zWe여러분도 원문 주소가 있는 사이트에 들어가서 저처럼 끊어 들어 보세요.
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Ether surges nearly 25% for its best week in four years: CNBC Crypto World
CNBC Crypto World, May 9, 2025
today Bitcoin touches the
$13,000 level
as the cryptocurrency
continues its climb
former Celsius CEO
Alex Mashinsky
is sentenced to 12 years
in prison
and Katrina Paglia of Panta
discusses
what's next
after the Senate's
stable coin legislation
failed to
advance to a full vote
welcome to CNBC's Crypto World
i'm Mackenzie Sagalos
digital currencies are
Cryptocurrencies rise
closing out the week
in the green a day
after Bitcoin crossed $100,000
for the
first time
since February
now by noon
Eastern
that cryptocurrency traded at
$12,900
but at one point crossed above
$13,000
ether meanwhile jumped 12%
to
$2,300
and Salana climbed 6.5%
to
$170
ether was a major winner
for the
week as well
rising nearly 25%
in the
past seven days
bitcoin climbed 6%
while
the S&P was on pace
to close the week
just slightly
lower
okay let's talk about the top
The headlines
stories
shares of Coinbase heading lower
today
after the company reported first
quarter earnings tha
t fell short of Wall
Street's expectations
the company
reported $2.03 billion
in revenue up
from 1.64 billion a year ago
but not the
2.12 billion Wall Street had been
anticipating
coinbase also reported a
17% drop
in trading volume
compared to
the fourth quarter
when crypto prices
surged
after President Trump's election
victory
coinbase's earnings came just
hours
after the company announced the
largest crypto M&A deal
on record
buying
crypto derivatives firm Darabit
for
nearly $3 billion
at around midday the
stock had slipped
about 2
and a.5% next
Alex Mashinsky
the former CEO
behind the
collapsed crypto firm Celsius
was
sentenced to 12 years
in prison
prosecutors accused Mashinsky
of
misleading investors
about the safety of
Celsius's yield generating platform
while he secretly sold off
tens of
millions of dollars
in his own personal
holdings
celsius filed for bankruptcy
in
July of 2022
just as the crypto meltdown
reached a fever pitc
h and a year later
Mashinsky was arrested
alongside another
key executive
and charged
by federal
prosecutors
who alleged fraud and
securities manipulation
those charges
came just as Celsius
entered a $4.7
billion settlement
with the FTC
then in
December of last year
Mashinsky pleaded
guilty
to commodities fraud
and a scheme
to manipulate the Celsius token
as for
the company it emerged
from bankruptcy
in January of 2024
and began repaying $3
billion
to creditors
it also created a
Bitcoin mining business
dubbed Ionic
Digital
finally the Senate Stablecoin
legislation
has failed to advance
to the
Senate floor
the Genius Act needed 60
votes to make it to a floor vote
but
only captured 48 votes
in favor
49
senators voted against the measures
advancement
while three senators didn't
vote at all
now the setback comes after
nine Democrats
including four who
actually voted
for the Genius Act
in
committee
said over the weekend that
they would no longer support the bill
in
its current form the statement put out
by Arizona Democratic Senator
Ruben Ggo
called out numerous issues
with the bill
including AML
and national security
concerns
now those same Democrats said
they were eager
to work with their
colleagues to address those issues
treasury Secretary Scott Bessant
who
pushed for Congress
to pass crypto
legislation
while testifying
before the
House Financial Services Committee this
week
posted on X
saying the Senate
missed an opportunity
to provide
leadership on digital assets
all right
for our main story I spoke
with Katrina Paglia
chief legal officer
of Panta
about this setback
for the Genius Act
and whether stable coin bills
are a priority
for Congress
so I want to start by getting
Katrina Paglia of Pantera
your reaction
to the Genius Act's
failure to advance in the Senate
this isn't the only stable coin bill
moving
through Congress
but how much of a
setback is this for seeing crypto
legislation passed
sure
so uh initial reaction
was a little
disappointed
you know that stable coin
legislation
is generally perceived
to be
the legislation
that's going to be the
easiest to get through
that being said
I
wasn't the most surprised
because in the
days leading up to the vote yesterday
there was definitely chatter
and discord
on the Democratic side
with respect to
some perceived conflicts
um around
stable coin legislation
and the
presidency
so not unexpected
but I do am
optimistic that it will be reintroduced
with a few modifications
hopefully and
we'll still see this passed
in the near
term
now the Democrats
who oppose this
bill raised concerns
around national
security and
anti-moneyaundering
is that an actual
concern that
needs to be addressed in
this bil
l and if so how should that be
tackled
yeah I mean I think it's fair to
say that
we need to make sure that we
have the right security
and framework
around things around AMO
for consumer
protection reasons i think
that the two
sides are not too far off
with getting
there on this
and the language was
actually introduced kind of late
in the game
and I think
kind of perception
or at least
some of the things that
I've been seeing today is that
the Democrats
really just wanted more time to digest
the text and make sure
that did address
their concerns there now
are people
talking behind the scenes
that this push
back really has to do more so
with
President Trump's crypto dealings
just
this week we saw
key Democrats speak out
about the Trump meme token
uh and other
crypto projects emerging
from the
administration
yeah you know
I don't think
it's any
surprise that
there's a push back and
there's political controversy
i mean
this is DC this happens
with every piece
of legislation right so
yes there's
definitely chatter about
the conflict
with the president's stable coin
and
memecoin
um but again I don't this isn't
like unusua
l in DC
and I suspect that
there's just political play happening
in
the background
and it will get sorted
out and again like very optimistic that
we're going to see this legislation pass
to that point
what does the industry do
at this stage
how do they work with
Congress
to move the Genius Act forward
or even other bills
that are at play at
the moment
you know
since January 20th
we've seen
this continued
um collaboration
between
Congress and the regulators
and the
crypto industry which is really positive
i think
we're going to continue to see
that momentum
um so you know
just
continuing to have an open dialogue
everybody being respectful
and
understanding that the end goal is
really just to properly regulate
this
industry for the US consumer's
protection
i think we're all fighting
from the same direction
for the same
goal
and again like I'm feel like the
parties
are having civil conversations
and we'll kind of get there
with the
compromise on the language
so frankly
the crypto industry spent a lot of money
trying to elect pro- crypto candidates
and move the needle
on crypto issues
it
was controversial
in the 2024 election
cycle
but has it paid off
from your
perspective
yeah I think the the
political donations
and the lobbying has
been pretty meaningful
and we've seen
positive impact
we've seen very pro-
crypto appointments
in this administration
we've seen significant outreach
from the regulators
asking for
the industry's input
you know I think that
we continue to see actually the
packs receiving money
for the interim
elections as well
it was very clear that
crypto was a single voter issue
for the
majority of for millions
of Americans
and that played out
in terms of who what
the vote ended up being
and the
administration has you know thankfully
followed
through with their commitment
to support us supporting the industry
would you say that
the stable coin bill
is still the lowhanging fruit
in
Congress
uh or do we look ahead
to other
priorities like market structure stable
coin is definitely the lowhanging fruit
you know
we have two bills out there
one
received significant bipartisan support
and this one
also was pretty close and
we're we're hopeful
that we'll get there
in the coming weeks
um market structure
more complicated
more moving parts
the
new language just came
out um this week
actually so we have a little bit of time
before I think
we're going to see market
structure move forward
but the hope is
by the end of the year for that one
as
well shifting gears from legislation
over to deal action
a lot of new
acquisitions
announced in the last six
months
and especially in this calendar
year
since we saw the turnover
at the White House
anything you want to say
on that front
what you're excited about
i think
we're we're opening up
just from a general macro perspective
in the capital markets
i think
we're going to see more IPOs
which from Pantara's perspective is super exciting
a large amount of our venture investments
um are several years
old and we're looking to kind of see the
IPOs coming out
circle being a really
big one they filed their S1 recently
um
we're really excited about that
one in the portfolio
um and just you know
generally more more broadly speaking to your point
things are happening
i mean
everybody saw the Coinbase huge massive
announcement yesterday
which I believe
is is allegedly the largest crypto
transaction ever so
it was like two or
three billion dollars
I think so the things are happening
things are opening
up it's really exciting
for us to see
hopefully some of our investments start
to IPO
and and exit them
okay that's all
for Crypto World this week
but we'll be back again
on Monday
and we'll see you then
[Music]