The German government and US courts tackle crypto, and Sentient AI's future plans with Founders Fund's backing
This episode covers the German government's Bitcoin transfer to exchanges, a US federal court ruling on crypto tokens, and the SEC lawsuits against Binance and Coinbase. Also discussed are Northern Data's potential IPO, NVIDIA GPU purchase, and Sentient AI's seed funding and open-source model.
Key Points
- Germany's government is actively moving and potentially selling significant amounts of seized Bitcoin, making them one of the largest known nation-state holders of the cryptocurrency.
- A U.S. federal court has ruled that cryptocurrency tokens themselves are not securities, marking a significant legal win for the industry and potentially shaping future regulatory approaches.
- Northern Data is considering taking its data center and cloud business units public in the U.S., aiming to raise up to $16 billion, while also expanding its AI infrastructure with advanced Nvidia GPUs.
Chapters
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Transcript
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