SEC tackles crypto in first episode of new podcast [Yahoo! Finance]
Goldman Sachs Group, Inc. (The) (GS)
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Source: Yahoo! Finance
At the top of the 27-minute episode, Atkins pitched the podcast, Material Matters, as a way to demystify the work of the US' top financial regulator. “For many people the SEC itself remains something of a mystery. I believe that it's time to change that,” he said. Atkins' guests were Mark Uyeda and Hester Peirce, commissioners who have often sided with the crypto industry. Atkins' conversation with Peirce, affectionately known as “ crypto mom ” for her opposition to lawsuits brought against software developers, became something of a primer on digital assets. “Crypto solves the double spending problem,” Peirce explained. “You used to be able to send data over the internet, but you couldn't send value, because I could send you value, and then I could send the same value to someone else and say, ‘Oh look, I paid you both.'” Moments later, she said “disintermediation” was the “beauty of the technology.” “And that's really powerful in our markets, because intermediaries have s
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