there's been some fraud in the crypto space. and rather than the solution isn't just to avoid the space altogether. it's the opposite. it's to provide regulatory certainty and legislative clarity that does not exist currently. block chain broadly protects personally identifiable information and done correctly it can eliminate intermediaries. true distributed ledger technology. so how could we do this? it's not a partisan issue. i have co-sponsors for legislation that include people who support bernie sanders and co-sponsor who is support donald trump, from the north, south, east, west, republicans and democrats. the real issue is whether we will confront it. will we continue of the status quo that protects incumbents or will we embrace innovation that will inherently disrupt the current system is. when confronted with this opportunity in the 19 0s, congress got it right and the internet flour you shalled. congress did not try to understand everything about the architecture of the internet. any time there's a hearing, congress st

they were just having crypto in the name is actually wrong it was just a scam scam it was even a crypto scam it was a scam to get that's it for this time you could catch boom bust on demand on the brand new portable t.v. app available on smartphones through google play the apple app store by searching for the t.v. or stream is to your t.v. by downloading the portable t.v. apple on apple t.v. and online it portable dot tv t.v. is coming to more devices very soon i guess you call it and legit scam as always you can hit us up at youtube dot com slash boom bust our t. and we see you back here next time. you will be a reflection of reality. in the world transformed. what will make you feel safe. isolation because you don't see. you going the right way. so. what is true. what's his fate. in the world corrupted you need to descend. to join us in the depths. for a mate in the shallows. and we're going to fulfill the repeated promises apologise to the people and promise to be you know we've all pots the. pretty rough. cut. that you want to 1st. know. all. cut. up by you thinking of getting your

they were just having crypto in the name is actually wrong it was just a scam scam it was even a crypto scam it was a scam to get that's it for this time you could catch boom bust on demand on the brand new portable t.v. app available on smartphones through google play the apple app store by searching for the t.v. or stream is to your t.v. by downloading the portable t.v. app on apple t.v. and online it portable da t.v. t.v. is coming to more devices very soon i guess you could call it and then legit scam as always you can hit us up at youtube dot com slash boom bust our t. and we'll see you back here next time. copper prices telling us about the globalisation the dollar is asian population also the big banks the market tells us the cycles of the markets are telling us something that you don't hear in my stream media and that's always been the case since markets are better it's always price precedes news. tough and the point in time is the month long way to go for the suv. panic itself movie theater i. was in this way got $2.00 it's hard not to think of the mother disappeared this is th

they were just having crypto in the name is actually wrong it was just a scam scam it was even a crypto scam it was a scam to get that's it for this time you could catch boom bust on demand on the brand new portable t.v. app available on smartphones through google play and the apple app store by searching portable t.v. or stream is to your t.v. by downloading the portable t.v. app on apple t.v. and online it portable da t.v. t.v. is coming to more devices very soon i guess you could call it and legit scam as always you can have this up at youtube dot com slash boom bust our t. and we see you back here next time. we're going to fulfill that promise is possible for the people. you know we've all bought the. pretty rough. now you want to work. on no. all the. big. thinking of getting your music on the ones we got in our shoes no problem was as he didn't know until he was trapped in this tiny little wired coach you don't need a crate with him he will just stir reaching out into the wall when it's freedom anywhere near and thousands of breeding dogs are caged in the in 2 main conditions on p

they were just having crypto in the name is actually wrong it was just a scam scam it was even a crypto scam it was a scam to get that's it for this time you could catch boom bust on demand on the brand new portable t.v. app available on smartphones through google play in the apple app store by searching portable t.v. or stream is to your t.v. by downloading the portable t.v. app on apple t.v. and online it portable da t.v. t.v. is coming to more devices very soon i guess you call it and then scale as always you can hit us up at youtube dot com slash boom bust r.t. and we'll see you back here next time. so the politicians have basically stuck the american public with the delegate to negotiate for drugs and both parties who are financed very heavily by the pharmaceutical industry have done this so when your own people vote they should look at how much does this politician get from the power pharmaceutical industry. banks geysers financial survival guide. housing bubble. oh you mean there's a downside to artificially low mortgage rates don't get carried away that's cause report. and i nee

crypto currencies have the potential for great innovation.t alsoern is that creates an opportunity for bad actors that are not in a regulated space to engage in money flows across borders. our concern is that the dark web, you see a lot of people work on the dark web with crypto currencies. our goal is to have insight into what is happening when people are exchanging money. it is one of our priorities. act thato the lawful we talked about. when there is a reason for law enforcement to gain information, that we maintain that ability to gain access. >> one of the secrets about bitcoin is nobody knows who owns it and where it is located. correct? is an interesting example. you can track bitcoin transactions. it is a publicly available distributed measure. the way it works is you can track bitcoin transactions because they have to be la logged-- they have to be in a publicly available ledger. bitcoin itself is something we can track under appropriate circumstances. what is concerning to us is there are a number of crypto currencies that are more

they were just having crypto in the name is actually wrong it was just a scam scam it was even a crypto scam it was a scam to get that's it for this time you could catch boom bust on demand on the brand new portable t.v. app available on smartphones through google play the apple app store by searching portable t.v. or stream is to your t.v. by downloading the portable t.v. apple on apple t.v. and online it portable dot tv portal t.v. is coming to more devices very soon i guess you call it and then legit scam as always you can have this up and you tube dot com slash boom bust r.t. and we'll see you back here next time. television propaganda machine propaganda outlet propaganda tool we are using information. to change the way. we now do you tube videos to. us much. closer brushes rush rush rush it. but i want to feel the paper that i wrote students are suitable and i really have to join to see you then on r t. 4 are so proud and still. are just getting the number. why have you not shut down r t on you tube it's a propaganda machine mr walker. thinking of getting a coupon the ones we got o

if the legal mess and crypto currency is worth. the few consumer protections that crypto currency payments have are largely found in state money transmitter laws and are seriously lacking. crypto currency and for that matter any emerging financial service should not be tested on consumers with the least cushion in the financial life. the best way to ensure consumer access to faster and safer electronic payments is to support the federal reserve proposal to build the faster payment system and not by empowering untested unregulated corporate schemes such as facebook's libre. there is another shadow over multi-famous. the crew protection for mobile payments made with stored value example the money held in venmo accounts are threatened by the paypal lawsuits seeking to invalidate the cfpb prepaid role. before the role consumers had to rely on the inadequate protections provided by state money transmitter laws. billions of dollars in millions of consumer accounts are at risk if this rule is invalidated. privacy consumers exist alongside

regulate that financial industry for example has been very hard for fin ticks crypto companies openingbank accounts having accounts to do for dates or having this interaction so this puts the rules of how we should interact but it also puts up the bar it puts up the bar because now opening crypto if in fact accenture has the cost and regulatory. requirements of almost opening up bank so it's time. this competition and a lot of ways to promote competition would be great for the consumer you know these regulations should be revisited because by putting them in it creating a moated industry with a very high barrier to entry in that's not necessarily very good for competition either you know i want to ask you about something very interesting i want to get your thoughts on this so you know we've been traveling the world now for 10 years with kaiser report done over 1500 shows and we've been to a lot of silly bench a lot of places where insurrection is in the air in egypt revolution is in the air in athens you know we smelled the tear gas had been on the frontlines and i'd say one thing that

oil is down today dropping by as much as $300.00 in just one hour just as the world's largest 'd crypto currency was about to break through the $10500.00 mark meanwhile wells fargo is pouring some $5000000.00 into cryptocurrency forensic firm elliptic in hopes of creating products that can help crypto exchanges build relationships with banks the main product elliptic discovery is designed to provide a bill of health for over 200 crypto exchanges worldwide services will provide everything from how those exchanges conduct. know your customer checks to whether they're regulated in the 1st place and live to co-found or tom robinson tells us quote previously a bank just didn't know much about the exchange that was wanting to open an account with them this will give them insights into how risky or otherwise a given crypto change is so let's bring back to los angeles christy in a lot of ways it makes sense for wells fargo to help get it lifted off the ground because so many banks as you know they want to work with crypto but the regulatory grounds been to say it's been shaky is probably an und

he has his pulse on all things crypto. he's coinlist co-founder and president, andy bromberg, joining us live in a fox business exclusive. andy, you vet cryptocurrency. you know about the genetics of almost all of them out there. what do you think is behind this runup in bitcoin? >> well, i wish i had been on the last segment talking about crypto being the best hedge right now, because i think that's a lot of what's behind this. to me, the most interesting question here is not what's the pebble that's starting off this trend but what's the avalanche that's happening, the big macro trends that are causing this to happen. the initial cause of the run could be coronavirus, it could be macro fears but there's way more things happening behind the scenes. we are seeing people are believing in crypto as a safe haven, increasingly as a risk-off asset. the more that narrative propagates, the better and better it gets. on top of that, we are seeing increased conversation on the regulatory front. commissioner of the s.e.c. last week

speech of why it's important that you are transacting in his crypto currency. and watch somebody's youtube videos, just let this happen. we need to think about that is not being exceptional, but not unique. it's like being exceptional and explicit, but it is not unique. part of the nature itself as it embodies cultural practices and beliefs. that was super. [inaudible] i was excited about that question. >> people were inspired by these pioneers and this guy both are not free now but also this is an extreme case. i don't know if you try to buy bitcoin you often have to sort of disclose, show a government with your picture to some people so, so you can buy the thing. and then all other trades that people who build the system, who are seeking with image and secrecy because the government treats the transaction systems the way it does. they seem to not be realized and in fact it may be that traditional cash system and credit card. again because of the way the government treats them provides more secrecy and a nonentity in some cases if the governments go to citiban

intelligence the washington post report says the cia bought swiss firm crypto a genie at the height of the cold war crypto a g sold code generating machines and software to diplomats military heads and private companies the cia in their devices to spy on clients with the help from german intelligence agents eavesdropped on communications that use crypto agee's devices the firms clients included iran saudi arabia and even the vatican before it was eventually dissolved in $28.00. the hundreds of mourners are attending the funeral for former kenyan president daniel add up more he died last week at the age of 95 and he left behind a complicated legacy during his 24 years in power he had absolute control over the state and repressed all calls for change he's due to be buried later on wednesday with full military honors. and the transitional government in darfur has rebel groups have agreed that those that wanted by the international criminal court for crimes in the darfur region should appear before the court in the hague former longtime president omar al bashir who was toppled mass protest

all europeans who want to do business in iran but using crypto currencies is not easy dark and often bone stein head of germany's terran chamber of commerce says foreign companies especially have to follow the laws and regulations down to the last letter. this is new in this country it's never clear what's been approved such as how crypto currency is can be used for medium sized enterprises it can indeed offer a perspective but to be honest i hope we can get rid of the sentence before we are forced to fall back on cryptocurrency use of the could have to be entered it could have missed the 1st change found in my partner and his team see all sorts of uses for their portal but their hopes for growth are riding on the 20000 or so iranian students studying abroad students like so hard. to spread the out by word of mouth and transfer as much as $10000.00 euros a year with foss chain. just time to tell you the gold prices have climbed to their highest levels since 2013 as continued worries over the coronavirus spur demand and our current costs over $1600.00 that's up nearly 10 percent on pr

. >> i understand the framework and the need for anonymity, i think it is the aspect of crypto currencies. i think you see that in varying degrees as i mention and have access to financial information. it is certainly something that people demand and certainly something that technological fixes more but you also acknowledge there are real concerns of government perspective about financing and money laundering and figuring out a balance between those two and as i resolve those, i think it is a key question. >> i

facebook's idea isn't necessarily new evil it's using crypto currency is a bit coin have been around for years they encrypt transactions with block same technology which makes them particularly safe. crypto currencies only exist digitally and are not regulated by any bank the most well known ones are bitcoin and ripple. the term comes from the greek word kryptos meaning secret or hidden it points to the cryptographic encryption used for all components of the currency system. this technology is much safer than usual encryptions all information from balance a transaction is secured in a block chain meaning in a cryptographically encrypted protocol this way user data is stored safely. depending on the type of currencies some of them are fully anonymous and nobody can see your payment history and that is a much more secure way of maintaining anonymity and payments. could potentially be as secure and more secure than cash. but this anonymity only comes with specific crypto currencies the advantages of digital wallets are easy to use they allow for quick transactions with a high level of s

intelligence a washington post report says the cia brought swiss firm crypto age at the height of the cold war crypto eiji then sold code generating machines and software to diplomats military heads and private companies. the cia rigged the devices to spy on clients with help from german intelligence agency eavesdropped on communications that use crypto agee's devices firms clients included iran saudi arabia and the vatican before the company was finally dissolved in 2018. the scene live in the turkish parliament there you see president the one preparing to address the parliament what we're expecting is for him to announce what his plan will be to counter what he sees as its thing violence against his forces 13 turkish military personnel being killed over the last couple of weeks in italy province these attacks carried out by syrian forces where really awaiting now what he intensity in response to the stress. in the i am. my day nation. there members of the parliament friends. guess ladies and gentleman. i salute you with myself syrians speeding love and respect. our group made a move

companies wanting to buy goods in the west or europeans who want to do business in iran but using crypto currencies is not easy dark mufon bone stein head of germany's tehran chamber of commerce says foreign companies especially have to follow the laws and regulations down to the last letter. in this country it's never clear what's been approved such as how corrupt a currency is can be used for medium sized enterprises it can indeed offer a president if i to be honest i hope we can get rid of the sentence before we are forced to fall back on corrupt a current. of the could have to be added to the definition change found m.-i parno and his team see all sorts of uses for their portal but the hopes for growth are riding on the $20000.00 or so iranian students studying abroad students like. you spread by word of mouth and transfer as much as 10000 euros a year with foss chain. and that wraps up our show if you want more you can always go to our website that's the w dot com or follow us. on twitter or facebook i'm chris cuomo thanks for watching have yourself a successful. they were forced in

or europeans who want to do business in iran but using crypto currencies is not easy. head of germany's terran chamber of commerce says foreign companies especially have to follow the laws and regulations down to the last letter. this country it's never clear what's been approved such as how crypto currency is can be used for medium sized enterprises indeed for a prospective to be honest i hope we can get rid of the sanctions before we are forced to fall back on cryptic. he could have to be a. change found emma and his team see all sorts of uses for their portal but their hopes for growth are riding on the $20000.00 or so rainy and students studying abroad students like saga who spread by word of mouth and transfer as much as 10000 euros a year with. and finally italy's biggest lender intense has launched a $5000000000.00 euro takeover of smaller rival u.b.i. baca made the bid after u.p.i. announced it would cut 2000 jobs together the banks would have revenues of 21000000000 euros have long called for consolation in the italian banking sector which is vulnerable becaus

absolutely red hot by the way along with other cryptos. what makes you optimistic.alled nvidia a widow maker before what makes you confident it moves higher in the volatile market. >> the best thing about the bitcoin market food is the fundamentals the fundamentals continue to increase and improve adoption is growing. the number of wallets is up. the number of trany continue to get stronger and we've got the halving event e rewards every 10 minutes or block. that will be putting decreased pressure on the sales from miners and prices usually adjust around the events we see upward momentum through the med half of the year and second half you get to see the chasing we saw back in '17, just lake the chasing in the stock market today. >> any idea why it's down 5% right now. >> you know, i -- i couldn't tell you a what happens minute by minute or day to day. i just look at it over long periods of time. like the last time i was on with the traders it was 8,000 they said what should i do? and i said buy it. a year ago on with melissa it was around 3,200, and 3,300. >> i sai

it hosts at host of issues from election security issues to supply chain issues to crypto currencies to encryption and access to data. >> host: and what exactly do you do? do you bring cases against people who have violated law? >> guest: as you know, the garment of justice we are to enforce confederal, committal lot. an important part of what we do is bring terminal cases against individuals, organizations, foreign nation state actors who violate u.s. federal law and there is a policy component to what i do which is to help the attorney general, deputy attorney general formulate policies working with the congress working with our interagency to advance rule of law. >> is your position political or career? >> guest: i served in a political office. my role as a career, i'm a career employee. it's a little bit of both. i'm a career person who serves in a political office. >> host: how long have you been at doj? >> guest: i started my career about 12 years ago and started as assistant u.s. attorney for about eight years in maryland and then about three years ago moved to maine justice w

the people making money in the lead stock or solar, crypto coin, there believing any story. institutional investments -- individuals are getting hosed. they brought down one in china that it was 2 billion last year. just one crypto scan it was a bit club network last year in the u.s. is almost a billion dollars. the hot area to watch out for, those are almost always ponzi schemes. anything weed related is almost always a fraud. kennedy: anything about the weed schemes us are not as aggressive. >> they're not as big yet. kennedy: and their fat-soluble oddly enough. >> paid a set of in florida claiming to finance some weed. it's always a story that sounds too good to be true when you say to how to jafar for that and your friends are telling us a good idea, it all seems very real. kennedy: you operate and pull the trigger on very little information because you want to the jump on other people. because the ideas if you don't invest now you don't get on the ground floor and the belt passes you by. >> and very often they go into networks at the small and they just invested a bunch

has revealed that crypto a.g.t. the world's leading manufacturer or crip to logical equipment during the cold war whose clients including included over $120.00 governments around the world was a front company owned by the united states central intelligence agency whoa discovered through a secret 2004 cia historical document and in a 2000 a oral history by german intelligence the operation was considered to be the intelligence coup of the century by taking over the manufacture of the devices this allowed the cia and n.s.a. to rig the crypto agee's products so they could easily break the codes and have access to a client's encrypted messages and guess what the cia wasn't just some silent donor either according to the post under nouns to most employees except executives at the highest levels the agency controlled nearly every aspect of kryptos operations presiding residing with their german partners over hiring decisions designing its technology sabotaging its algorithms and directing its sales targets. the cia's own h

operation 1st called the saurus and later renamed rubicon for over half a century of the company crypto a.g.t. was a captain of the world's encryption industry based in neutral switzerland most governments were quick to believe their secrets were in safe hands little did they know the cia and west germany's b.m.d. had co-opted the company's founder to create a backdoor into the world's best kept secrets in 1988 western spies had complete access to the egyptian president's communications with cairo during the camp david peace talks with israel a year later washington was spying on a rainy and officials during the hostage crisis and as late as 1906 u.s. intelligence was listening to libyan officials congratulate each other for the bombing of a burl in disco although the c.i. a and b. and d. weren't able to hook their main rivals russia and china had enough foresight to look elsewhere for their encryption needs nowadays though those 2 are the scapegoats for all of the west's cyber woes if you see throughout our alliance every one of our countries has had side by and hybrid attacks from rus

easiest most efficient and most a valuable way to achieve he said snowden took the revelations about crypto aid. even further comparing it with a formerly secret $10000000.00 contract between the n.s.a. and a major u.s. computer security firm it begs the question what info grabbing operations are still going on right now under our noses. given the passage of time form a cia analyst and whistleblower john kerry doesn't expect anyone to come clean over the reported operation. i can only speculate but we have a mandatory declassification law in this country where if information is at least 30 years old and it is not operational in nature that is it doesn't include information related to sources and methods that it has to be declassified and i wonder if that's really what this is all about that the information is old enough that that there's no reason to keep it classified anymore the u.s. has interfered in more elections around the world then any other country in the world and i wouldn't be surprised if it was more than all other countries in the world combined this is something they that the

that gain catching the attention of investor peter teal whose company is doubling down on crypto withement company and the founder and ceo of that company joins us at post 9 welcome. >> thanks for having me. you're trying to do traditional banking for crypto >> exactly right blocfi builds financial services for crypto investors one is an interest account where you can earn 5% interest on your bit coin, 8.6% interest on your stable coins we also support coin in the top five by market cap but not as much marketshare as bitcoin. we were the first company in the space to offer loans to individuals that own cryptocurrency similar to you what are able to do when you borrow against a portfolio of stocks except with bitcoin and other crypto assets as collateral the most recent product launched in december is the ability to buy and sell cryptocurrency for no fees whatsoever moving it closer to the traditional equities market where trading is largely free which we launched in december. >> so i think it sounds appealing to put my bitcoin with you and get a pretty high interest on that is it safe

so on the be india and the cia in 1970 board company in switzerland that was crypto and crypto was offering a technology to encode important information so a very interesting product for countries that want to protect information that is so flowing between military service for example and communication channels and their biggest top secrets or missions so they built this company and then manipulate it to decipher the machines but then being sold to over a 100 countries in the world we're talking about countries in europe africa asia south america so quite a dimension and all these countries all of the technology thinking they bought the safest thing f.-a thinking that switzerland as a neutral country of course also is a safe deal but in the end they can't pay millions for technology that was then accessing that top secret so it's like in a digital trojan horse if you will that that is all it is sort of and you also have to think about the dimensions because i mean this was the money involved the money that they paid and then the b. and d. and the cia kind of got a really bad deal give it gi