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Why the Carlyle Group’s David Rubenstein Says Governments Can't Stop Crypto

Why the Carlyle Group’s David Rubenstein Says Governments Can't Stop Crypto

On this week’s “Breakdown Weekly Recap,” NLW explores U.S. regulatory FUD. He specifically looks at recent statements from the SEC’s Gary Gensler, as well as new Treasury Dept. policy that wants businesses to report crypto transactions of over...

The Breakdown

May 22, 202111m 40s

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Show Notes

On this week’s “Breakdown Weekly Recap,” NLW explores U.S. regulatory FUD. He specifically looks at recent statements from the SEC’s Gary Gensler, as well as new Treasury Dept. policy that wants businesses to report crypto transactions of over $10,000 to the Internal Revenue Service. He argues that this is a “bureaucrat's bull market” that will be focused on compliance, not banning. 

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