yWeb3 | Navigating Frontier Tech – Episode 17 | SEC Approves #BTC #ETFs Explained
In this episode
host Jay Steinback is joined by industry experts Jannah Patchay, Executive Director of Digital Pound Foundation, Raoul Pal, CEO & Co-Founder of Real Vision Group, and Conor Moore, Co-Founder at MetaStreet. The episode kicks off with the groundbreaking announcement from the SEC officially approving all spot Bitcoin ETFs, marking a historic moment in the crypto space. The approval is expected to open doors for mainstream adoption, triggering anticipation that could reshape the entire crypto market. The show captures key moments, including Conor's insightful remarks on the ripple effects of this approval and an exploration of Bitcoin's role in the evolving crypto landscape.
The conversation delves into crucial topics such as securities and regulation, identifying the biggest barriers to entry in the crypto world, and addressing the growing threat of AI in the industry. The hosts and guests discuss strategies for attracting investors in the Web3 ecosystem, emphasizing the importance of usability. Transitioning to another significant development, the episode covers the IPO filing of stablecoin issuer Circle, shedding light on the challenges and opportunities in the evolving financial landscape. The show concludes with future predictions for Web3 technologies, including assertions on ZKs, the second iteration of NFTs, and RWAs. This episode promises an exciting deep dive into the implications of these transformative developments in the Web3 space.
About Guests
Jannah Patchay is a prominent figure in the financial industry, recognized as a finalist for CityAM/CryptoAM Influencer of the Year 2022 and featured in the Innovate Finance Women In Fintech 2021 Powerlist. With over two decades of expertise, she specializes in financial markets innovation, guiding firms through strategic development in a highly regulated environment.
As a panelist and speaker at international conferences like AFME OPTIC, Pay360, and CryptoAM, Jannah shares insights on market structure, digital asset regulation, and financial inclusion. She actively contributes to the industry through her involvement in the Global Blockchain Convergence Steering Committee, focusing on regulatory advocacy for CBDC, stablecoins, and decentralized finance. Jannah is also a member of the Whitechapel Think Tank's Future of Payments WG, shaping policy recommendations for digital money and advancing financial inclusion. Her thought leadership extends to writing for Best Execution magazine, where she explores topics such as crypto assets and regulatory perspectives.
Raoul Pal, a distinguished economist, serves as the Co-Founder & CEO of Real Vision Group. Renowned for his insights, he is also the investment strategist and publisher at The Global Macro Investor. In addition to his role at Real Vision, Raoul is the Co-founder of Exponential Age Asset Management and Science. Magic Studios, showcases his multifaceted contributions to the financial and investment landscape.
Conor Moore has been working in the finance industry since 2015. Conor began their career as an Investment Banking Summer Analyst at Signal Hill Capital in 2015, followed by an Investment Banking Summer Analyst role at Deutsche Bank in 2016. In 2017, they joined Eastdil Secured as an Investment Banking Analyst, and in 2019, they moved to Rockpoint Group as a Private Equity Associate. Most recently, in 2021, they became a Co-Founder at MetaStreet Labs. Conor Moore attended the University of Maryland from 2013 to 2017 and earned a Bachelor of Science in Finance and Economics.
Guest Social Links:
Jannah's LinkedIn: https://www.linkedin.com/in/jannahpatchay
Jannah's Twitter: https://twitter.com/jannah_patchay
Digital Pound Foundation's Website: https://digitalpoundfoundation.com/
Raoul's LinkedIn: https://www.linkedin.com/in/raoul-pal-real-vision/
Raoul's Twitter: https://twitter.com/RaoulGMI
RealVision's Website: https://www.realvision.com/
https://globalmacroinvestor.com/
Conor's LinkedIn: https://www.linkedin.com/in/conor-moore-351a3580/
Conor's Twitter: https://twitter.com/_ConorMoore
MetaStreet's Website: https://metastreet.xyz/
Topics Overview
BTC ETFs trading volume surpasses $1.74bn in the first hour of listing
Fake Bitcoin ETF Approval Tweet Causes $90M in Liquidations; SEC's Twitter Account Hacked
BTC Blasts Past $47K as Bitcoin ETF Excitement Gets Feverish; Bitcoin ETF Approval Tracker 2024
With Bitcoin ETF Decision Looming, SEC Chair Gensler Says (Again) That Crypto Is Dangerous
Stablecoin Issuer Circle Internet Files for IPO
IRS rules require reporting data from $10k crypto transactions in 2024
Report Finds Less Illicit Crypto Activity in Nations With Full Licensing Regimes in 2023: TRM Labs
Nebraska bill seeks fair play for crypto mining, ownership
EU regulators to investigate banks’ crypto exposure
Bank of Spain selects partners for CBDC testing
Honduras special zone officially recognizes Bitcoin as a unit of account
South Korea proposes ban on credit card payments for cryptocurrencies
Sam Altman's investments
Apple Vision Pro available in the U.S. on February 2
Italy to tackle AI regulation as one of the main priorities during G7 presidency
Polygon And Fox Introduce ‘Verify’ For Media Authentication
Timestamps
0:36 Jay’s Intro
1:35 Guests Intro
8:25 Sec Officially Approves All Spot BTC ETFs
12:25 The Impact of Bitcoin ETFs Approval
18:38 The Future of Crypto and Traditional Finance
32:00 The Splintering of the Crypto Ecosystem
39:15 Barriers to Mainstream Adoption: Bridges and Wallets
45:47 Digital Identity and AI
47:46 Data Storage and Interoperability
50:41 Challenges of Stranded Data and Asset Value: How to Attract Investors in Web3
52:30 CBDCs: Retail vs Wholesale Usage: Circle Files IPO
55:50 Blockchain-Based Tech with High Adoption and Future Predictions: ZKs, The 2nd Iteration Of NFTs, RWAs, Metaverse and Apple Vision Pro
1:01:52 How To Get In Touch
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DISCLAIMER: yWhales is not affiliated with YPO. Support and production for today’s episode was done by Truth Work Media. Nothing in the podcast constitutes professional and/or financial advice, nor does any information on the podcast constitute a comprehensive or complete statement of the matters discussed or the law relating thereto.
