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Poloniex leaves Circle & the USA / Binance 125x leverage / BIS says BTC failed & stabelcoins a threat

Poloniex leaves Circle & the USA / Binance 125x leverage / BIS says BTC failed & stabelcoins a threat

Circle is spinning out Poloniex and the exchange's new honors want to build away from the US. Is this more evidence of the "companies leaving US" narrative or just competitive pressure? Speaking of exchanges, Binance hit $1B in cumulative profit this...

The Breakdown

October 18, 201917m 45s

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Show Notes

Circle is spinning out Poloniex and the exchange's new honors want to build away from the US. Is this more evidence of the "companies leaving US" narrative or just competitive pressure? Speaking of exchanges, Binance hit $1B in cumulative profit this week and announced 125x leverage because reasons. Finally, the big boss of the financial system Bank of International Settlements released a paper effectively calling bitcoin a failure but identifying private stablecoins like Libra as a threat. 

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