About this episode

The episode discusses the recent downturn in the crypto market, the implications of AI, new tax regulations in Illinois, and the launch of a PAC for software developers.

Crypto is having its worst week in two years. We break down what's behind the selloff, from the AI trade to the fallout from Michael Saylor's recent bitcoin sale, with Bitwise Head of Research Ryan Rasmussen. Plus, Illinois moves to impose a new 0.2% tax on crypto transactions, and Executive Director of the Illinois Blockchain Association Olta Andoni explains why some fear it could drive users and businesses out of the state. And a new PAC launches to support pro-developer lawmakers as legal protections for software developers become one of the biggest fights in the Clarity Act. The PAC's founder, Gavin Zavatone, joins the show.

People in this episode

Host: Crypto In America

Guests: Ryan Rasmussen, Olta Andoni, Gavin Zavatone

Topics covered

• crypto market
• AI impact
• Illinois crypto tax
• software development
• politics
• bitcoin sale

Mentioned in this episode

Organizations: Illinois Blockchain Association, Bitwise

Products: Clarity Act

Places: Illinois

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