Turkish rug pull, Facebook stablecoin, Binance chief exec

Listen to the most important stories in Bitcoin and crypto covered by our newsroom in the past week.

The UK arrives fashionably late to the CBDC conversation

CBDC critics suggest governments find the tech interesting because it allows economic surveillance unattainable with regular digital cash.

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Facebook’s Diem is closer but it’s still a boring stablecoin

Diem will work similarly to payments services like PayPal, Venmo, and Cash App. Except, those support Bitcoin and other cryptocurrencies.

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Binance US hires ex-Coinbase exec to compete with Coinbase

Some call Brian Brooks the “CryptoComptroller,” as he helped pave the way for traditional banks to one day tap the crypto market.

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Billion-dollar crypto exit scam labelled ‘biggest fraud’ in Turkish history

Photographers snapped Thodex’s chief exec at the airport waiting for a flight to Albania, in what looks to be a $2 billion exit scam.

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