Loup TV 163: Crypto Steps Forward with Regulation; Amazon Steps Back with DOJ
- The Biden administration is asking for greater regulation around cryptocurrencies. We see this as a long-term positive for the platform given that it moves crypto from a fringe value transfer to the mainstream.
- The Department of Justice has more questions for Amazon related to the company’s testimony on Capital Hill in 2021. In the end, this doesn’t change the likelihood of the MGM deal getting done.
- TikTok’s viral nature is playing a bigger role in politics. Reading between the lines, the Chinese government is trying to remain in favor of both Russia and the West.
- The numbers are in: MLB national media deals are about one-fifth of those of the NFL.