Eoin Fitzgerald and Pete Townsend take a look at the aftermath of the American Bankpocalypse with contrasting views on bitcoin as a safe haven, and how a potential outcome of Grayscale’s lawsuit of the SEC may be opening the floodgates of crypto into institutional finance. Eoin and Pete also dig into the $600mn raise by open-banking-meets-AI startup Abound, the crossover of these themes into African fintech, and how a new EU regulatory framework around AI may slow down not only Abound’s AI-powered consumer lending platform but also the overall commercial growth of AI applications in Europe.
STORIES COVERED:
Cryptoverse: Bitcoin passes the bank stress test (Reuters,21-Mar-23)
A Dozen Reasons Why the SEC Should Have Approved Grayscale's Spot Bitcoin ETF (CoinDesk, 7-Mar-23)
GBTC jumps this week while Grayscale CEO ‘encouraged’ after oral arguments in court battle with SEC over spot bitcoin ETF (Marketwatch, 15-Mar-23)
Open banking startup Abound nabs $601M to supercharge its AI-based consumer lending platform (TechCrunch, 6-Mar-23)
‘They’ll all go to the US’: What the EU’s AI law means for European startups (Sifted, 16-Mar-23)
LINKS:
Leave a review and subscribe on Apple Podcasts | Spotify
Check out our MoneyNeverSleeps website and email us at info@moneyneversleeps.ie
Follow us on Twitter: MoneyNeverSleeps | Eoin Fitzgerald | Pete Townsend
--- Support this podcast: https://podcasters.spotify.com/pod/show/moneyneversleeps/support
Co-Host
Early-stage startup investor, MD @Techstars Web3, founder of Norio Ventures, mentor, non-executive director, podcaster and bad guitar player.
Here are some great episodes to start with if you're new to the podcast!