SBF's Crypto Regulation Suggestions and Aptos Review

The Coin Bureau Podcast: Crypto Without the Hype

Nov 2 2022 • 55 mins

Mike and Guy are reunited this Friday for another in-depth discussion with plenty of lame jokes thrown in, but before all that we have another couple of recent hits from our YouTube channel for you to enjoy.

First up is a look at some recent recommendations for crypto regulations from Sam Bankman-Fried, or SBF as he’s better known, the CEO of the FTX exchange. These were unleashed upon the world just a couple of weeks ago and the fallout from them has been pronounced. Put mildly, many in the industry were not happy with what he was proposing.

To be fair, SBF was at pains to point out that these recommendations were intended to spark debate over how possible future regulations should look and they more than succeeded in doing just that. In the first part of today’s episode, we take a look at what exactly was proposed and whether or not SBF was on the right track. This is an important conversation to have because regulations are heading towards the crypto industry and anything that we can do to influence how they might look could make all the difference to crypto’s future.

Then, that rarest of beasts these days, a new layer-one blockchain project to review. Aptos launched its mainnet a couple of weeks ago and its APT coin was listed on all major exchanges around the same time - this despite a lack of available tokenomics. Those were only published after APT had listed and this is unfortunately just one of many gripes we have with the project.

There’s no denying that Aptos has some top tech and heavy investment backing it up, as well as an experienced team. But, the more we dug into the project, the less we found to like about it. So, have a listen to our review of it and, if it piques your interest, consider looking into Aptos for yourself too - because doing your own research is vital for anyone interested in learning more about crypto.

We hope you enjoy the show.

Producer for iHeartMedia: Noel Brown

Editor: Semir Mutapcic

Theme music composed by: Noel Brown

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