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Episode details

World Service,15 Apr 2021,53 mins

Coinbase launches $100 billion listing

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America's biggest crypto-currency trading platform, Coinbase, begins trading on the Nasdaq exchange in New York today. John Ethan Detrixhe, Future of Finance reporter for Quartz.com joins us to share his insights and we hear from the President of Coinbase, Emilie Choi. Paul Vigna of the Wall Street Journal explains what the company does to make it so highly valued. Plus, Bernie Madoff, the financier convicted of orchestrating the largest Ponzi scheme in history, has died in a US federal prison. We hear from the son of one Madoff's victims, who took their own life after losing everything. Also on the programme, the US House of Representatives will discuss legislation which could see reparations paid to the descendants of slaves. Dreisen Heath from Human Rights Watch tells us if this is good news for campaigners. Plus, as crowd-funding has become a global phenomenon we hear from the CEO of its biggest platform, Tim Cadogan. Joining us throughout the programme are Alexis Goldstein, an activist and financial reform advocate in Washington and Stefanie Yuen Thio, Joint Managing Partner at TSMP Law in Singapore. (Picture: The Coinbase logo for an US cryptocurrency exchange platform is seen on a smartphone screen with a Nasdaq logo in the background. / Credit: Pavlo Gonchar/Getty Images)

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