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This Week in Crypto: Coinbase Eyes Better 2023; FTX Japan Resumes Withdrawals (Podcast)

Coinbase’s earnings offer some direction, but the darkening outlook for its business of stablecoins and staking is having an impact

Photographer: Leon Neal/Getty Images

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Coinbase released quarterly earnings this week, providing an etch-a-sketch road map of what’s ahead for digital-asset investors.

But the darkening outlook for Coinbase’s business of stablecoins and staking is having an impact. The company had been counting on these business threads to help jump-start growth. But regulators are pushing for increased scrutiny of these offerings. 

Also this week: A lot of action is happening on Bitcoin. And FTX Japan has resumed withdrawals.  

Bloomberg Editors Beth Williams and Anna Irrera join this episode to unpack the news of the week.

Subscribe to the Bloomberg Crypto Newsletter at https://bloom.bg/cryptonewsletter

This podcast is produced by the Bloomberg Crypto Podcast team: Supervising producer: Vicki Vergolina, Senior Producer: Janet Babin, Producers: Sharon Beriro and Muhammad Farouk, Associate Producers: Mo Andam and Ty Butler. Sound Design/Engineer:  Desta Wondirad.

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 24.02.2023

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