Crypto Is Still a Trump Priority: Coinbase's Calvert

Crypto Is Still a Trump Priority: Coinbase's Calvert

Assessment

Interactive Video

Business, Social Studies

University

Hard

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FREE Resource

The transcript discusses the President's commitment to crypto, despite no immediate executive orders. It covers the launch of the Trump token, its market impact, and Coinbase's listing process. The need for regulatory clarity and cooperation among regulators and legislators is emphasized, along with the importance of consumer protections in the crypto industry.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the main reason given for the lack of immediate executive orders on crypto?

Crypto regulations are already in place.

Crypto is not a priority for the President.

There are many priorities to address in the first 24 hours.

The President changed his stance on crypto.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was notable about the Trump token's market performance?

Its volume was a fourth of the Black Rock Spot Bitcoin ETF.

It was ignored by the market.

It was banned by major exchanges.

Its value surpassed Bitcoin.

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does Coinbase decide on listing new tokens?

By voting among its users.

By following the President's directives.

Through a clear listing process considering security and compliance.

Based on the token's popularity.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What was the industry's reaction to the launch of Trump and Melania coins?

It was universally accepted.

It led to immediate regulatory changes.

It was ignored by the industry.

It was met with skepticism.

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is seen as a major game changer for the crypto industry in the next six months?

Introduction of new cryptocurrencies.

Increased investment in crypto.

Cooperation among regulators and legislators.

Complete deregulation of the market.

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the core requirement for consumer protections in the crypto industry?

Complete anonymity for all transactions.

No regulations at all.

A federal regulator ensuring consistent rules.

A single global cryptocurrency.

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What licenses does Coinbase currently hold?

Only a BIT license.

Only a broker dealer license.

Multiple licenses including money transmission and international licenses.

No licenses at all.