FTX.US President: We Uphold Sanctions

FTX.US President: We Uphold Sanctions

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Quizizz Content

FREE Resource

The video discusses the recent performance of Bitcoin and other cryptocurrencies, highlighting the decline in Bitcoin and Ethereum, while Tether remains stable. It features Brett Harrison from FTX, who talks about the company's expansion into Europe and the Middle East, emphasizing the importance of regulatory compliance. The video also covers the role of crypto exchanges in adhering to sanctions, particularly against Russian entities, and the use of cryptocurrencies in wartime economies like Ukraine. The discussion concludes with insights into the volatility of cryptocurrencies and the potential use of stablecoins as a safer alternative.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How does FTX ensure compliance with sanctions against Russian entities?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways are cryptocurrencies being utilized in wartime economies, particularly in Ukraine?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What recommendations are given to new investors regarding the volatility of cryptocurrencies?

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