Cryptocurrency’s Split Personality

<p>Everyone has a thought on cryptocurrency. Some think it's the future. Some think it's a fraud. Some think it's just baffling. At the end of the day, investors have more questions than answers. Randy Frederick, the managing director for trading and derivatives at the Schwab Center for Financial Research, joins Mike Townsend for a wide-ranging discussion about the elusive nature of cryptocurrency, its growing popularity, the positive and unsavory ways it is used, and what the future of cryptocurrency looks like as the U.S. government takes steps towards regulation and the development of its own central bank digital currency.</p><p>Mike also discusses the many positives for retirement savers in the "SECURE 2.0" bill currently making its way through Congress; unpacks the SEC's just-released rule proposal requiring public companies to divulge information on how they are impacting climate change and how climate change could put their business at risk in the future; and considers signals the Fed is sending that it may soon speed up the pace of interest rate hikes. </p><p><i>WashingtonWise </i>is an original podcast for investors from <a href="https://www.schwab.com">Charles Schwab</a>. For more on the series, visit <a href="https://www.schwab.com/washingtonwise">Schwab.com/WashingtonWise</a>.</p><p>If you enjoy the show, please leave a ★★★★★ rating or review on <a href="http://getpodcast.reviews/id/1478013779">Apple Podcasts</a>. </p><p><strong>Important Disclosures</strong></p><p>The policy analysis provided by the Charles Schwab & Co., Inc., does not constitute and should not be interpreted as an endorsement of any political party.<br /><br />The information provided here is for general informational purposes only and should not be considered an individualized recommendation or personalized investment advice. The investment strategies mentioned here may not be suitable for everyone. Each investor needs to review an investment strategy for his or her own particular situation before making any investment decision. </