In this episode of Empire’s Weekly Roundup, Jason and Santi discuss the US Treasury’s sanctions on Tornado Cash, Circle freezing USDC transfers, the future of KYC DeFi and more.

Show Highlights:
— How do privacy protocols work?
— Does this ban mean crypto isn’t decentralized?
— How did Circle freeze the transfer of USDC tokens?
— Should DeFi protocols be worried?

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Timestamps

00:00 Introduction
07:28 Tornado Cash Sanctioned By The US Treasury
14:44 How Mixers And Privacy Tokens Work
21:06 Github, Infura, AWS And Crypto’s Centralization Vectors
23:00 Core Ad
24:30 USDC Blacklist And Implications For DeFi
38:05 What Happens If All DeFi Is KYC’d
41:54 How Does The Ban Affect Other Privacy Protocols
43:40 Curve Hack, Coinbase Earnings
53:55 Uniswap Protocol Fee And Foundation Approved
58:46 ETH PoW Chain, Hot Or Not?
01:03:03 Reddit Embraces Web3
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Follow Santi: https://twitter.com/santiagoroel
Follow Jason: https://twitter.com/JasonYanowitz
Follow Empire: https://twitter.com/theempirepod

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Referenced in the show:

Eric Peters episode
https://tinyurl.com/ydfhu6fd

SWIFT & OFAC episode
https://tinyurl.com/yc2jhfsn
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Core, from Ava Labs, is more than just a wallet. It’s a free, non-custodial browser extension that gives Avalanche users a more seamless and secure Web3 experience. Download Core today at https://www.core.app/

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Disclaimer: Nothing said on Empire is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Santiago, Jason, and our guests may hold positions in the companies, funds, or projects discussed.


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