THE HASH: U.S. Crypto Firms Moving Offshore ‘Welcome’ in France; Florida Gov. DeSantis’ Campaign Against CBDCs

The most valuable crypto stories for Wednesday,  May 18, 2023.

This episode is sponsored by Ciphertrace.

“The Hash” hosts discuss today’s top stories, including crypto companies fleeing U.S. regulatory uncertainty being welcomed by officials in France. Separately, why some lawyers say Florida Gov. Ron DeSantis’ CBDC ban may be a toothless effort. Plus, Tether will regularly buy bitcoin (BTC) for its stablecoin reserves using a portion of its profits starting this month.

See also:

Fleeing U.S. Crypto Firms ‘Welcome,’ French Regulator Says 

Florida’s DeSantis Waging Toothless Campaign Against Digital Dollars, Lawyers Say 

Tether Says It Will Buy Bitcoin for Stablecoin Reserves Using Realized Profits

Ciphertrace, a Mastercard company, helps banks, governments, regulators, exchanges and VASPs to trace the movement and risk of crypto funds, uncover illicit activity, and help comply with global regulations. Get in touch today to find out more at Ciphertrace.com.

This episode has been edited by senior producer is Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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