Why Bitcoiners still need a bank with Xapo Bank’s Joey Garcia

Xapo Bank’s Joey Garcia joins the show and shares the challenges of running a Bitcoin focused bank and why even die hard Bitcoiners still need a bank, from yield on Bitcoin to access to fiat. A must-listen episode if you're interested in the conversations that industry leaders, policymakers and regulators need to have to start building the infrastructure for thriving crypto hubs globally.  Joey also discusses: → The challenges with fractional banking and Xapo’s growing presence in emerging markets.  → The growing need to align traditional banking standards with the crypto ecosystem and the importance of increased collaboration between the two sectors. → Constructive feedback on the EU’s MICA regulation.  → Why relying on only a handful of banks for crypto activity poses significant risks to the entire ecosystem. → How smaller jurisdictions like Gibraltar or the UAE can play a valuable role in positioning themselves as crypto hubs. → How a principles-based approach to regulation that accounts for crypto’s unique characteristics could create a more secure and adaptable ecosystem.