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BitGo CEO Says More Bitcoin ETF Rejections Are 'Quite Likely'; Tether's Bitcoin Mining Plans

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest crypto headlines today, including the reason why BitGo CEO Mike Belshe believes the SEC could reject a series of spot bitcoin ETF applications. Bloomberg reports on Tether's new efforts to become a bitcoin mining giant. And, what a Mastercard executive is saying about mass adoption of central bank digital currencies (CBDCs).

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Mastercard Says Customers Are Too Comfortable With Today's Money for Adoption of CBDCs: CNBC

The payments giant has a CBDC Partner Program that includes participants such as Ripple, Fireblocks and Consensys.

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Sam Bankman-Fried Says He Made 'Mistakes' at FTX; Binance CEO CZ's Fortune Revealed

"CoinDesk Daily" host Jennifer Sanasie breaks down the hottest stories shaping the crypto industry today, including Sam Bankman-Fried's testimony as he takes the stand in front of jurors during his criminal trial. Bloomberg reports on the change in Binance founder CZ's net worth during crypto winter. Plus, users of the hi debit Mastercard can now spend Metaverse platform Sandbox’s SAND token in eligible markets.

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Finanza

Hi's Mastercard Debit Card Adds Option to Spend Sandbox's Token SAND

The hi debit Mastercard already allows users to spend bitcoin, ether and USDT.

hi's Mastercard debit card (hi)

Finanza

Mastercard Teams Up With MoonPay for Web3 Push

MoonPay will incorporate compliance-friendly Mastercard's Crypto Credential system and integrate payments tech like Mastercard Send and Click to Pay, according to a blog post.

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Finanza

Mastercard Plans Web3 Collaborations With Self-Custody Wallet Firms

The payments processor is working with MetaMask and Ledger among others, according to a Web3 Workshop presentation.

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Oobit Co-Founder Aims to 'Bridge the Gap Between Web3 and DeFi' to Traditional Payments

Oobit launched a 'Tap and Pay' solution to help make crypto payments more accessible, allowing users to pay at any point of sale that accepts Visa or MasterCard using funds directly from their Oobit wallet. Oobit COO and co-founder Aharon Miller discusses the details of the feature and its role in the future of crypto payments.

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Mastercard and Binance Cutting Ties on Crypto Card Is 'Big News:' Vanderbilt Law School Associate Dean

Mastercard is ending its crypto card program with Binance in Argentina, Brazil, Colombia, and Bahrain, effective September 22. Vanderbilt Law School associate dean and professor Yesha Yadav discusses the industry implications and why this is "big news for Binance." Plus, Yadav's take on the future of crypto payments at large and what to make of the latest developments around FTX's bankruptcy case.

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Finanza

Visa and Mastercard Distancing Themselves From Binance Unlikely to Hurt the Crypto Exchange: Experts

The decision comes only weeks after Binance has been grappling with multiple legal challenges in the U.S.

CEO of Binance Changpeng Zhao at Consensus Singapore 2018 (CoinDesk)

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Powell Says Fed Is 'Prepared to Raise Rates'; Mastercard, Binance Back Away From Crypto Card Partnership

“CoinDesk Daily” host Jennifer Sanasie dives into today’s hottest stories in crypto, as Federal Reserve Chair Jerome Powell addresses the current state of inflation at the Kansas City Fed’s Jackson Hole Economic Policy Symposium. Mastercard and Binance are ending their crypto card partnership. Plus, customer data of bankrupt crypto exchange FTX, Genesis and lender BlockFi have been compromised due to a hack. 

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