885. Kraken in Trouble? + Elizabeth Warren Refuses FDIC Insurance For Crypto Exchanges

U.S.-based crypto exchange Kraken will lay off 30% of its global workforce, or approximately 1,100 people, to “adapt to current market conditions. Binance CEO Changpeng Zhao took a jibe at rival crypto exchanges Kraken and KuCoin. Zhao implied in a tweet that recent announcements made by his rivals were red flags. Meanwhile, Elizabeth Warren is finding herself shockingly on the side of big Banks for a change, arguing crypto exchanges should not receive any kind of FDIC insurance for customer funds.~This episode is sponsored by Trezor~Trezor website ➜ https://trezor.io/