This Week in Cryptos #19

This episode, "This Week in Cryptos #19," provides a rapid-fire recap of crypto news from June 20th to the 26th, covering crime, global regulation, and infrastructure expansion.

Summary:
The episode highlighted a major crypto theft in Australia, where a 21-year-old man was arrested for stealing $110,000 in Bitskoan. On the regulatory front, the discussion covered varied global responses: while the People's Bank of China was noted for "trolling," Switzerland was praised for its clarity in stating it would not regulate the currency. Conversely, California passed a law to aid crypto, and Canada amended its national laws.

Infrastructure saw significant growth with new crypto ATMs announced in the Netherlands, Macau, the Philippines, and New Brunswick in Canada. However, the week concluded with a major regulatory setback as Bolivia banned all cryptocurrencies. In other news, the British crown dependency of Jazzy announced plans to become a crypto hub, and the Barron Neurological Foundation received a $10,000 donation for memory research.

Key Details:

• Main topics discussed:
• Crypto theft and crime in Australia.
• Global regulatory developments (China, Switzerland, California, Canada).
• Expansion of crypto ATM infrastructure.
• International crypto status (Bolivia banning crypto; Jazzy becoming a crypto hub).
• Key quotes:
• "A 21-year-old man from Queensland has been arrested and charged with the theft of $110,000 in Bitskoan!"
• "Switzerland has been more direct saying that it will not regulate Bitskoan!"
• "Bolivia has banned all cryptocurrencies."
• People mentioned:
• Aussie Bitsko (the arrested man).
• Macapelus (ex-CEO of Cox).
• Deputy secretary of the People's Bank of China.
• Bitcoin price: Not mentioned.