BREAKDOWN: El Salvador's Battle With the IMF ...

The NBA enters prediction markets. The NBA signed a data-sharing deal with the CFTC and named Kalshi and Polymarket as preferred exchanges, formally stepping into prediction markets. The move puts the league at odds with the NFL, which has sided with states fighting to regulate t ...  Show more

SpaceX raised $40B to buy GPUs. Elon Musk's SpaceX raised $40 billion in debt to buy GPUs, but he warned that debt markets have almost entirely cut off financing for companies without revenue independent of AI data centers. He predicts most of the 200-plus "neoclouds" will not su ...  Show more

This episode is sponsored by Nexo, Abra and FTX US.    When Nayib Bukele announced that El Salvador would be making bitcoin legal tender, the international monetary establishment acted with some amount of skepticism. When he announced the nation would be issuing bitcoin bonds, ...  Show more

By making bitcoin a national currency, El Salvador tried to transform its economy. Rest of World’s Leo Schwartz explains why the bet hasn’t yet paid off. This episode was produced by Will Reid, edited by Matt Collette, engineered by Paul Mounsey, fact-checked by Laura Bullard, an ...  Show more

On today’s episode, NLW looks at the latest from governments and crypto, including: India’s prime minister calling for global cooperation to “fight” crypto Pakistan’s security agency blocking crypto sites  The U.K., Singapore and Spain introducing new rules around crypto adve ...  Show more