Regulators’ crypto crackdown is backfiring

Big banks are cracking down on everything related to crypto—even us here at Curzio Research… I start today’s show by sharing the story of Bank of America dropping us as a customer. I rant about how the government’s interference is terrible for the entire industry… the no-brainer regulations it should enforce… how regulators are acting like bad parents… and how (as with bad parents) the “tough love” is backfiring. Meanwhile, the crypto market is shrugging off the negativity… with prices holding up well (even as stocks tumble). I break down how the crypto space reminds me of the early days of sports betting. As a reminder, tomorrow will be our first episode of WSU Premium—which will include a ton of new features aimed at making you richer and more informed. If you haven’t already, be sure to . In this episode Bank of America is breaking up with Curzio Research [0:30] The government is trying to pick the crypto winners and losers [6:35] Regulators can’t keep crypto in a corner [12:20] Crypto is following the path of sports gambling [21:00] [30:19] Enjoyed this episode? Get Wall Street Unplugged delivered FREE to your inbox each week: Wall Street Unplugged podcast is available at: --: itunes.apple.com/us/podcast/wall-street-unplugged-frank/ --: www.stitcher.com/podcast/curzio-research/wall-street-unplugged-2 --: www.curzioresearch.com/category/podcast/wall-street-unplugged/ : twitter.com/frankcurzio :. www.facebook.com/CurzioResearch/ : www.linkedin.com/in/frank-curzio-690561a7/ : www.curzioresearch.com